50242 Zip Code (Searsboro, IA) Detailed Profile

Estimated zip code population in 2022: 479
Zip code population in 2010: 439
Zip code population in 2000: 451

Houses and condos: 182
Renter-occupied apartments: 28
March 2022 cost of living index in zip code 50242: 82.5 (low, U.S. average is 100)

Land area: 41.2 sq. mi.
Water area: 0.1 sq. mi.

Population density: 12 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: $1,086 (1.1%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,953 (4.1%)

For population 25 years and over in 50242:

• High school or higher: 96.7%
• Bachelor's degree or higher: 23.6%
• Graduate or professional degree: 0.3%
• Mean travel time to work (commute): 24.0 minutes

For population 15 years and over in 50242:

• Never married: 28.4%
• Now married: 59.9%
• Separated: 0.3%
• Widowed: 2.9%
• Divorced: 8.5%

• 
• • 47799.6%White
  • 10.2%Black
  • 10.2%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 50242, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $55,155 (Individual Income Tax Returns)

Here:	$55,155
State:	$71,087

Salary/wage: $45,071 (reported on 77.3% of returns)

Here:	$45,071
State:	$57,361

(% of AGI for various income ranges: 1720.0% for AGIs below $25k, 4916.7% for AGIs $25k-50k, 5443.3% for AGIs $50k-75k, 7155.0% for AGIs $75k-100k)

Taxable interest for individuals: $667 (reported on 40.9% of returns)

This zip code:	$667
Iowa:	$1,633

(% of AGI for various income ranges: 56.7% for AGIs below $25k, 26.7% for AGIs $50k-75k)

Ordinary dividends: $5,067 (reported on 13.6% of returns)

Here:	$5,067
State:	$5,432

(% of AGI for various income ranges: 506.7% for AGIs $50k-75k)

Net capital gain/loss in AGI: +$4,775 (reported on 18.2% of returns)

Here:	+$4,775
State:	+$15,243

(% of AGI for various income ranges: )

Profit/loss from business: +$4,525 (reported on 18.2% of returns)

Here:	+$4,525
State:	+$11,763

(% of AGI for various income ranges: 603.3% for AGIs $50k-75k)

Earned income credit: $2,050 (reported on 9.1% of returns)

Here:	$2,050
State:	$2,195

(% of AGI for various income ranges: 136.7% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 86.4%

Here:	86%
State:	95%

(% for various income ranges: 85.7% for AGIs below $25k, 80.0% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 75.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 50242, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $52,541 (Individual Income Tax Returns)

Here:	$52,541
State:	$58,860

Salary/wage: $37,547 (reported on 88.2% of returns)

Here:	$37,547
State:	$46,659

(% of AGI for various income ranges: 66.2% for AGIs below $25k, 78.1% for AGIs $25k-50k, 80.7% for AGIs $50k-75k, 51.2% for AGIs $75k-100k)

Taxable interest for individuals: $1,100 (reported on 35.3% of returns)

This zip code:	$1,100
Iowa:	$1,537

Ordinary dividends: $850 (reported on 11.8% of returns)

Here:	$850
State:	$4,542

Net capital gain/loss in AGI: +$3,233 (reported on 17.6% of returns)

Here:	+$3,233
State:	+$11,802

Profit/loss from business: +$2,433 (reported on 17.6% of returns)

Here:	+$2,433
State:	+$10,509

Total itemized deductions: $17,100 (21% of AGI, reported on 23.5% of returns)

Here:	$17,100
State:	$21,278

Here:	20.6% of AGI
State:	18.9% of AGI

Charity contributions: $3,600 (reported on 17.6% of returns)

Here:	$3,600
State:	$4,044

Taxes paid: $4,725 (reported on 23.5% of returns)

50242:	$4,725
State:	$8,846

Earned income credit: $2,450 (reported on 11.8% of returns)

Here:	$2,450
State:	$2,098

(% of AGI for various income ranges: 7.4% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 82.4%

Here:	82%
State:	65%

(% for various income ranges: 66.7% for AGIs below $25k, 100.0% for AGIs $25k-50k, 66.7% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 50242, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $34,973 (Individual Income Tax Returns)

Here:	$34,973
State:	$43,875

Salary/wage: $32,690 (reported on 85.9% of returns)

Here:	$32,690
State:	$38,265

(% of AGI for various income ranges: 209.6% for AGIs below $10k, 73.9% for AGIs $10k-25k, 80.8% for AGIs $25k-50k, 82.1% for AGIs $50k-75k, 72.6% for AGIs $75k-100k)

Taxable interest for individuals: $714 (reported on 41.8% of returns)

This zip code:	$714
Iowa:	$1,768

(% of AGI for various income ranges: 10.8% for AGIs below $10k, 1.0% for AGIs $10k-25k, 1.3% for AGIs $25k-50k, 0.4% for AGIs $50k-75k)

Taxable dividends: $179 (reported on 21.2% of returns)

Here:	$179
State:	$2,510

Net capital gain/loss: +$267 (reported on 16.3% of returns)

Here:	+$267
State:	+$6,139

Profit/loss from business: +$1,000 (reported on 10.9% of returns)

Here:	+$1,000
State:	+$8,574

Total itemized deductions: $11,875 (19% of AGI, reported on 17.4% of returns)

Here:	$11,875
State:	$16,976

Here:	18.7% of AGI
State:	20.8% of AGI

(% of AGI for various income ranges: 14.0% for AGIs $10k-25k, 7.0% for AGIs $50k-75k, 9.4% for AGIs $75k-100k)

Charity contributions deductions: $3,091 (5% of AGI, reported on 12.0% of returns)

Here:	$3,091
State:	$3,089

Here:	5.3% of AGI
State:	3.6% of AGI

Total tax: $3,437 (reported on 77.2% of returns)

50242:	$3,437
State:	$6,177

(% of AGI for various income ranges: 6.0% for AGIs below $10k, 4.7% for AGIs $10k-25k, 7.0% for AGIs $25k-50k, 8.0% for AGIs $50k-75k, 9.6% for AGIs $75k-100k)

Earned income credit: $1,833 (reported on 9.8% of returns)

Here:	$1,833
State:	$1,540

Percentage of individuals using paid preparers for their 2004 taxes: 82.6%

Here:	83%
State:	70%

(% for various income ranges: 80.6% for AGIs below $10k, 78.3% for AGIs $10k-25k, 79.7% for AGIs $25k-50k, 87.5% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Nearest zip codes: 50153, 50207, 50171, 50112, 50251, 50157.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 22
Household did not receive Food Stamps/SNAP in the past 12 months: 155

Women who had a birth in the past 12 months: 2 (2 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 102 (67 now married, 35 unmarried)

Housing units in zip code 50242 with a mortgage: 99
Median monthly owner costs for units with a mortgage: $1,184
Median monthly owner costs for units without a mortgage: $711

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

• Zip code 50242 household income distribution in 2022

• 10Less than $10,000
• 2$10,000 to $14,999
• 9$15,000 to $19,999
• 8$20,000 to $24,999
• 6$30,000 to $34,999
• 6$35,000 to $39,999
• 1$40,000 to $44,999
• 2$45,000 to $49,999
• 12$50,000 to $59,999
• 23$60,000 to $74,999
• 18$75,000 to $99,999
• 4$100,000 to $124,999
• 50$125,000 to $149,999
• 9$150,000 to $199,999
• 10$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 50242

• 2$20,000 to $24,999
• 1$30,000 to $34,999
• 6$40,000 to $49,999
• 7$70,000 to $79,999
• 8$80,000 to $89,999
• 12$90,000 to $99,999
• 24$100,000 to $124,999
• 3$125,000 to $149,999
• 2$150,000 to $174,999
• 8$175,000 to $199,999
• 5$200,000 to $249,999
• 2$250,000 to $299,999
• 17$400,000 to $499,999
• 17$500,000 to $749,999
• 26$1,000,000 to $1,499,999
• 3$2,000,000 or more

• Rent paid by renters in 2022 in zip code 50242

• 3$400 to $449
• 2$500 to $549
• 17$600 to $649
• 3$700 to $749

Median gross rent in 2022: $840.

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

• White Non-Hispanic householders: $108,520
• Hispanic or Latino householders: $94,824

Estimated median house or condo value in 2022: $150,665 Lower value quartile - upper value quartile: $100,900 - $562,049

Mean price in 2022:

Detached houses: $501,358

Here:	$501,358
State:	$245,224

Mobile homes: $100,743

Here:	$100,743
State:	$51,271

Housing units in structures:

• One, detached: 163
• 5 to 9: 8
• Mobile homes: 8

• Means of transportation to work in zip code 50242

• 89.5%251Drove a car alone
• 1.1%3Carpooled
• 8.6%24Worked at home

• Travel time to work (commute) in zip code 50242

• 265 to 9 minutes
• 810 to 14 minutes
• 1915 to 19 minutes
• 11020 to 24 minutes
• 225 to 29 minutes
• 6330 to 34 minutes
• 840 to 44 minutes
• 945 to 59 minutes
• 960 to 89 minutes
• 190 or more minutes

Percentage of zip code residents living and working in this county: 33.9%

Household type by relationship:

Households: 479

• Male householders: 117 (33 living alone), Female householders: 61 (12 living alone)

• 104 spouses (104 opposite-sex spouses), 18 unmarried partners, (16 opposite-sex unmarried partners), 161 children (161 natural, 0 adopted, 0 stepchildren), 7 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 11 non-relatives

Size of family households: 59 2-persons, 12 3-persons, 26 4-persons, 20 5-persons, 2 6-persons

Size of nonfamily households: 44 1-person, 4 2-persons, 6 4-persons

82 married couples with children.
19 single-parent households (1 men, 18 women).

99.1% of residents of 50242 zip code speak English at home.

Facilities with environmental interests located in this zip code:

• SEARSBORO CITY OF STP (CITY CLERK in SEARSBORO, IA)

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

• SEARSBORO, CITY OF (CITY HALL in SEARSBORO, IA)

  (Resource Conservation and Recovery Act (tracking hazardous waste))
  Organizations: X (CONTACT/OWNER)
  

Population in 1990: 464.

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

• This state: 435
• Northeast: 1
• Midwest: 11
• West: 30

73% of the 50242 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 55% lived in this county.

93% of the 50242 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 10% moved from this county.
   Out of people who lived in different houses, 81% moved from different county within same state.
   Out of people who lived in different houses, 5% moved from different state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 6
Students in private schools in grades 9 to 12 (high school): Students in private undergraduate colleges: 1

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

• Accommodation and Food Services: Drinking Places (Alcoholic Beverages) (5-9 employees: 1 establishment)
• Construction: Residential Remodelers (1-4: 1)
• Construction: Painting and Wall Covering Contractors (1-4: 1)
• Professional, Scientific, and Technical Services: Other Services Related to Advertising (1-4: 1)

Most common first names in zip code 50242 among deceased individuals
Name	Count	Lived (average)
John	4	80.5 years
William	4	82.3 years
Bert	3	63.3 years
Mabel	3	80.9 years
Mildred	3	83.3 years
Nancy	3	47.7 years
Ruth	3	83.0 years
Afton	2	82.0 years
James	2	87.0 years
Carol	2	64.0 years

Most common last names in zip code 50242 among deceased individuals
Last name	Count	Lived (average)
Watson	8	86.5 years
Stanley	7	81.1 years
Fleener	5	75.6 years
Adkins	4	79.5 years
Norman	4	80.5 years
Johnson	3	89.0 years
Mcdowell	3	64.0 years
Sears	3	63.0 years
Phipps	3	55.3 years
Phillips	3	68.7 years