50056 Zip Code (Colo, IA) Detailed Profile

Estimated zip code population in 2022: 1,194
Zip code population in 2010: 1,372
Zip code population in 2000: 1,484

Houses and condos: 524
Renter-occupied apartments: 75
March 2022 cost of living index in zip code 50056: 83.6 (less than average, U.S. average is 100)

Land area: 57.5 sq. mi.
Water area: 0.1 sq. mi.

Population density: 21 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $2,239 (1.2%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,823 (1.1%)

For population 25 years and over in 50056:

• High school or higher: 97.2%
• Bachelor's degree or higher: 25.4%
• Graduate or professional degree: 4.0%
• Unemployed: 2.3%
• Mean travel time to work (commute): 27.4 minutes

For population 15 years and over in 50056:

• Never married: 22.6%
• Now married: 60.1%
• Separated: 0.0%
• Widowed: 6.8%
• Divorced: 10.6%

• 
• • 1,16697.7%White
  • 171.4%Hispanic or Latino
  • 90.8%Asian
  • 20.2%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 50056, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $65,591 (Individual Income Tax Returns)

Here:	$65,591
State:	$71,087

Salary/wage: $54,782 (reported on 85.1% of returns)

Here:	$54,782
State:	$57,361

(% of AGI for various income ranges: 1113.3% for AGIs below $25k, 4083.8% for AGIs $25k-50k, 5951.1% for AGIs $50k-75k, 8801.4% for AGIs $75k-100k, 26128.0% for AGIs $100k-200k)

Taxable interest for individuals: $1,114 (reported on 32.8% of returns)

This zip code:	$1,114
Iowa:	$1,633

(% of AGI for various income ranges: 22.5% for AGIs below $25k, 9.2% for AGIs $25k-50k, 18.9% for AGIs $50k-75k, 70.0% for AGIs $75k-100k, 280.0% for AGIs $100k-200k)

Ordinary dividends: $2,542 (reported on 17.9% of returns)

Here:	$2,542
State:	$5,432

(% of AGI for various income ranges: 34.2% for AGIs below $25k, 21.1% for AGIs $50k-75k, 151.4% for AGIs $75k-100k, 278.0% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$7,867 (reported on 13.4% of returns)

Here:	+$7,867
State:	+$15,243

(% of AGI for various income ranges: 21.5% for AGIs $25k-50k, 214.3% for AGIs $75k-100k, 1060.0% for AGIs $100k-200k)

Profit/loss from business: +$7,322 (reported on 13.4% of returns)

Here:	+$7,322
State:	+$11,763

(% of AGI for various income ranges: 346.7% for AGIs below $25k, 163.3% for AGIs $50k-75k, 192.0% for AGIs $100k-200k)

Taxable individual retirement arrangement distribution: $11,240 (reported on 7.5% of returns)

50056:	$11,240
Iowa:	$17,324

(% of AGI for various income ranges: 137.5% for AGIs below $25k, 441.1% for AGIs $50k-75k)

Total itemized deductions: $33,000 (reported on 3.0% of returns)

Here:	$33,000
State:	$33,775

(% of AGI for various income ranges: 733.3% for AGIs $50k-75k)

Taxes paid: $6,800 (reported on 3.0% of returns)

50056:	$6,800
State:	$7,704

(% of AGI for various income ranges: 151.1% for AGIs $50k-75k)

Earned income credit: $1,900 (reported on 10.4% of returns)

Here:	$1,900
State:	$2,195

(% of AGI for various income ranges: 67.5% for AGIs below $25k, 40.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 95.5%

Here:	96%
State:	95%

(% for various income ranges: 94.1% for AGIs below $25k, 94.1% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 91.7% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 50056, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $49,493 (Individual Income Tax Returns)

Here:	$49,493
State:	$58,860

Salary/wage: $44,139 (reported on 80.6% of returns)

Here:	$44,139
State:	$46,659

(% of AGI for various income ranges: 71.8% for AGIs below $25k, 78.8% for AGIs $25k-50k, 77.0% for AGIs $50k-75k, 76.9% for AGIs $75k-100k, 61.3% for AGIs $100k-200k)

Taxable interest for individuals: $1,008 (reported on 35.8% of returns)

This zip code:	$1,008
Iowa:	$1,537

(% of AGI for various income ranges: 0.8% for AGIs below $25k, 1.2% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 0.7% for AGIs $100k-200k)

Ordinary dividends: $2,038 (reported on 19.4% of returns)

Here:	$2,038
State:	$4,542

(% of AGI for various income ranges: 1.9% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 0.8% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$1,629 (reported on 10.4% of returns)

Here:	+$1,629
State:	+$11,802

(% of AGI for various income ranges: 1.3% for AGIs $100k-200k)

Profit/loss from business: +$6,900 (reported on 13.4% of returns)

Here:	+$6,900
State:	+$10,509

(% of AGI for various income ranges: 5.9% for AGIs below $25k, 3.4% for AGIs $25k-50k, 3.8% for AGIs $75k-100k)

Taxable individual retirement arrangement distribution: $6,129 (reported on 10.4% of returns)

50056:	$6,129
Iowa:	$11,773

Total itemized deductions: $18,183 (23% of AGI, reported on 26.9% of returns)

Here:	$18,183
State:	$21,278

Here:	22.8% of AGI
State:	18.9% of AGI

(% of AGI for various income ranges: 13.2% for AGIs $25k-50k, 9.7% for AGIs $50k-75k, 8.7% for AGIs $75k-100k, 11.3% for AGIs $100k-200k)

Charity contributions: $2,279 (reported on 20.9% of returns)

Here:	$2,279
State:	$4,044

(% of AGI for various income ranges: 0.9% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 0.8% for AGIs $75k-100k, 1.4% for AGIs $100k-200k)

Taxes paid: $5,944 (reported on 26.9% of returns)

50056:	$5,944
State:	$8,846

(% of AGI for various income ranges: 2.6% for AGIs $25k-50k, 2.4% for AGIs $50k-75k, 3.2% for AGIs $75k-100k, 5.1% for AGIs $100k-200k)

Earned income credit: $2,033 (reported on 13.4% of returns)

Here:	$2,033
State:	$2,098

(% of AGI for various income ranges: 5.3% for AGIs below $25k, 0.7% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 65.7%

Here:	66%
State:	65%

(% for various income ranges: 54.5% for AGIs below $25k, 64.7% for AGIs $25k-50k, 75.0% for AGIs $50k-75k, 75.0% for AGIs $75k-100k, 75.0% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 50056, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $40,833 (Individual Income Tax Returns)

Here:	$40,833
State:	$43,875

Salary/wage: $38,201 (reported on 85.2% of returns)

Here:	$38,201
State:	$38,265

(% of AGI for various income ranges: 148.1% for AGIs below $10k, 72.4% for AGIs $10k-25k, 80.3% for AGIs $25k-50k, 84.1% for AGIs $50k-75k, 81.7% for AGIs $75k-100k, 65.2% for AGIs over 100k)

Taxable interest for individuals: $1,195 (reported on 49.8% of returns)

This zip code:	$1,195
Iowa:	$1,768

(% of AGI for various income ranges: 7.0% for AGIs below $10k, 3.9% for AGIs $10k-25k, 1.9% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 1.2% for AGIs $75k-100k, 0.8% for AGIs over 100k)

Taxable dividends: $1,331 (reported on 24.2% of returns)

Here:	$1,331
State:	$2,510

(% of AGI for various income ranges: 1.2% for AGIs below $10k, 1.9% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.7% for AGIs $75k-100k, 1.2% for AGIs over 100k)

Net capital gain/loss: +$600 (reported on 17.0% of returns)

Here:	+$600
State:	+$6,139

(% of AGI for various income ranges: 3.3% for AGIs below $10k, 0.8% for AGIs $10k-25k, -0.2% for AGIs $25k-50k, 0.1% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 0.4% for AGIs over 100k)

Profit/loss from business: +$5,450 (reported on 15.4% of returns)

Here:	+$5,450
State:	+$8,574

(% of AGI for various income ranges: -3.7% for AGIs below $10k, 4.1% for AGIs $10k-25k, 4.5% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 1.7% for AGIs $75k-100k)

Profit/loss from farming: +$4,923 (reported on 4.0% of returns)

Here:	+$4,923
State:	-$74

Total itemized deductions: $14,972 (22% of AGI, reported on 27.5% of returns)

Here:	$14,972
State:	$16,976

Here:	21.7% of AGI
State:	20.8% of AGI

(% of AGI for various income ranges: 9.4% for AGIs $10k-25k, 8.0% for AGIs $25k-50k, 11.1% for AGIs $50k-75k, 12.8% for AGIs $75k-100k, 10.1% for AGIs over 100k)

Charity contributions deductions: $2,079 (3% of AGI, reported on 23.3% of returns)

Here:	$2,079
State:	$3,089

Here:	2.9% of AGI
State:	3.6% of AGI

(% of AGI for various income ranges: 1.1% for AGIs $10k-25k, 0.6% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 1.7% for AGIs $75k-100k, 1.4% for AGIs over 100k)

Total tax: $4,097 (reported on 80.9% of returns)

50056:	$4,097
State:	$6,177

(% of AGI for various income ranges: 2.3% for AGIs below $10k, 4.6% for AGIs $10k-25k, 6.6% for AGIs $25k-50k, 8.4% for AGIs $50k-75k, 9.0% for AGIs $75k-100k, 11.7% for AGIs over 100k)

Earned income credit: $1,422 (reported on 9.9% of returns)

Here:	$1,422
State:	$1,540

Percentage of individuals using paid preparers for their 2004 taxes: 73.6%

Here:	74%
State:	70%

(% for various income ranges: 67.2% for AGIs below $10k, 70.7% for AGIs $10k-25k, 76.2% for AGIs $25k-50k, 75.8% for AGIs $50k-75k, 73.6% for AGIs $75k-100k, 88.5% for AGIs over 100k)

Nearest zip codes: 50278, 50247, 50055, 50201, 50239, 50234.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 19
Household did not receive Food Stamps/SNAP in the past 12 months: 499

Women who had a birth in the past 12 months: 19 (19 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 218 (115 now married, 102 unmarried)

Housing units in zip code 50056 with a mortgage: 299 (19 second mortgage, 14 both second mortgage and home equity loan)
Houses without a mortgage: 3

Median monthly owner costs for units with a mortgage: $1,353
Median monthly owner costs for units without a mortgage: $486

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 50056 household income distribution in 2022

• 11Less than $10,000
• 1$10,000 to $14,999
• 14$15,000 to $19,999
• 14$20,000 to $24,999
• 17$25,000 to $29,999
• 20$30,000 to $34,999
• 17$35,000 to $39,999
• 27$40,000 to $44,999
• 31$45,000 to $49,999
• 50$50,000 to $59,999
• 37$60,000 to $74,999
• 89$75,000 to $99,999
• 74$100,000 to $124,999
• 49$125,000 to $149,999
• 20$150,000 to $199,999
• 35$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 50056

• 5Less than $10,000
• 1$20,000 to $24,999
• 13$40,000 to $49,999
• 11$50,000 to $59,999
• 4$60,000 to $69,999
• 8$70,000 to $79,999
• 10$80,000 to $89,999
• 15$90,000 to $99,999
• 38$100,000 to $124,999
• 48$125,000 to $149,999
• 75$150,000 to $174,999
• 40$175,000 to $199,999
• 54$200,000 to $249,999
• 54$250,000 to $299,999
• 20$300,000 to $399,999
• 13$400,000 to $499,999
• 7$1,000,000 to $1,499,999

• Rent paid by renters in 2022 in zip code 50056

• 12$300 to $349
• 5$400 to $449
• 2$450 to $499
• 6$500 to $549
• 2$600 to $649
• 6$650 to $699
• 5$750 to $799
• 11$800 to $899
• 17$1,000 to $1,249
• 8No cash rent

Median gross rent in 2022: $989.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $174,243
• Black or African American householders: $181,503
• Two or more races householders: $256,240

Estimated median house or condo value in 2022: $175,311 Lower value quartile - upper value quartile: $124,611 - $251,851

Mean price in 2022:

Detached houses: $158,397

Here:	$158,397
State:	$245,224

Mobile homes: $61,678

Here:	$61,678
State:	$51,271

Housing units in structures:

• One, detached: 494
• One, attached: 6
• Two: 1
• 3 or 4: 7
• Mobile homes: 11

Unemployment: 2.3%

• Means of transportation to work in zip code 50056

• 78.1%472Drove a car alone
• 5.8%35Carpooled
• 1.0%6Bus or trolley bus
• 0.3%2Walked
• 14.9%90Worked at home

• Travel time to work (commute) in zip code 50056

• 8Less than 5 minutes
• 325 to 9 minutes
• 3410 to 14 minutes
• 6115 to 19 minutes
• 12420 to 24 minutes
• 7925 to 29 minutes
• 6530 to 34 minutes
• 2235 to 39 minutes
• 1540 to 44 minutes
• 4545 to 59 minutes
• 1860 to 89 minutes
• 1490 or more minutes

Percentage of zip code residents living and working in this county: 73.3%

Household type by relationship:

Households: 1,194

• Male householders: 223 (72 living alone), Female householders: 294 (72 living alone)

• 277 spouses (277 opposite-sex spouses), 37 unmarried partners, (37 opposite-sex unmarried partners), 324 children (318 natural, 6 adopted, 0 stepchildren), 8 grandchildren, 3 brothers or sisters, 3 parents, 0 foster children, 7 other relatives, 22 non-relatives

Size of family households: 165 2-persons, 75 3-persons, 54 4-persons, 8 5-persons, 12 6-persons, 13 7-or-more-persons

Size of nonfamily households: 144 1-person, 35 2-persons, 7 3-persons

261 married couples with children.
36 single-parent households (5 men, 31 women).

97.2% of residents of 50056 zip code speak English at home.
1.7% of residents speak Spanish at home (85% very well, 15% well).
0.7% of residents speak Asian or Pacific Island language at home (88% very well, 12% well).

Facilities with environmental interests located in this zip code:

• COLO-NESCO SENIOR HIGH SCHOOL (919 WEST ST in COLO, IA)

  (Geographic Names Information System)
  (National Center for Education Statistics) - STATE ID-851359 172
  Organizations: COLO-NESCO COMM SCHOOL DISTRICT (SCHOOL DISTRICT)
  

• COLO ELEMENTARY SCHOOL (919 WEST ST in COLO, IA)

  (National Center for Education Statistics) - STATE ID-851359 409
  Organizations: COLO-NESCO COMM SCHOOL DISTRICT (SCHOOL DISTRICT)
  

• COLO CITY OF STP (0.5 MILE SOUTH OF RAY STREET & in COLO, IA)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: SEWERAGE SYSTEMS
  Organizations: CITY OF COLO (CONTACT/OWNER)
  

• TWIN ANCHORS CAMPGROUND STP (68132 US HIGHWAY 30 in COLO, IA)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: RECREATIONAL VEHICLE PARKS AND CAMPSITES
  Organizations: JOHN ANGELL (CONTACT/OWNER)
  

• HEARTLAND CO-OP COLO (417 2ND STREET in COLO, IA)

  AIR MINOR (AIRS/AFS)
  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  Business SIC classification: GRAIN AND FIELD BEANS
  Alternative names: COLO FRS GRAIN COOP, FARMERS COOPERATIVE EXCHANGE, FARMERS COOPERATIVE EXCHANGE COLO NH3, FARMERS GRAIN COOP-COLO, HEARTLAND COOP

• BOBS PAINT & REPAIR (605 PARK in COLO, IA)

  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste))
  Business NAICS classification: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE.
  

• COLO-NESCO COMMUNITY ELEMENTARY SCHOOL (919 WEST STREET in COLO, IA)

  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  Alternative names: COCO-NESCO C S D

Housing units lacking complete plumbing facilities: 0.5%
Housing units lacking complete kitchen facilities: 3.0%

Population in 1990: 1,293. Population change in the 1990s: +191 (+14.8%).

Place of birth for U.S.-born residents:

• This state: 1,044
• Northeast: 3
• Midwest: 52
• South: 27
• West: 44

62% of the 50056 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 70% lived in this county.
   Out of people who lived in different counties, 50% lived in Iowa.

89% of the 50056 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 72% moved from this county.
   Out of people who lived in different houses, 12% moved from different county within same state.
   Out of people who lived in different houses, 10% moved from different state.
   Out of people who lived in different houses, 2% moved from abroad.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 51
Students in private schools in grades 9 to 12 (high school): 12 Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Accommodation and Food Services: Full-Service Restaurants (20-49 employees: 1 establishment, 10-19 employees: 2 establishments)
• Wholesale Trade: Grain and Field Bean Merchant Wholesalers (10-19: 1)
• Wholesale Trade: Farm and Garden Machinery and Equipment Merchant Wholesalers (5-9: 1)
• Wholesale Trade: Meat and Meat Product Merchant Wholesalers (5-9: 1)
• Other Services (except Public Administration): Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (1-4: 1)
• Construction: Plumbing, Heating, and Air-Conditioning Contractors (1-4: 1)

Detailed HMDA statistics for the following Tracts: 0102.00 , 0105.00


Detailed PMIC statistics for the following Tracts: 0102.00 , 0105.00

Most common first names in zip code 50056 among deceased individuals
Name	Count	Lived (average)
John	20	77.6 years
Donald	9	68.5 years
Robert	8	66.3 years
Ralph	6	79.5 years
William	6	71.0 years
Mary	6	86.4 years
Harold	5	84.2 years
James	5	73.2 years
Lois	5	82.4 years
Fred	5	84.4 years

Most common last names in zip code 50056 among deceased individuals
Last name	Count	Lived (average)
Smith	9	83.1 years
Handsaker	8	79.9 years
Dickinson	6	85.8 years
Odonnell	6	80.7 years
Mcintosh	6	75.4 years
Mead	5	80.0 years
Wilson	5	81.8 years
White	5	84.0 years
Barrett	4	69.3 years
Mckinney	4	83.2 years