50571 Zip Code (Palmer, IA) Detailed Profile

Estimated zip code population in 2022: 254
Zip code population in 2010: 394
Zip code population in 2000: 485

Houses and condos: 181
Renter-occupied apartments: 12
March 2022 cost of living index in zip code 50571: 78.8 (low, U.S. average is 100)

Land area: 44.6 sq. mi.
Water area: 0.0 sq. mi.

Population density: 6 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: $701 (1.5%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $689 (1.2%)

For population 25 years and over in 50571:

• High school or higher: 85.4%
• Bachelor's degree or higher: 7.9%
• Graduate or professional degree: 2.7%
• Unemployed: 0.6%
• Mean travel time to work (commute): 32.5 minutes

For population 15 years and over in 50571:

• Never married: 19.6%
• Now married: 48.0%
• Separated: 0.9%
• Widowed: 19.2%
• Divorced: 12.3%

• 
• • 22488.2%White
  • 249.4%Hispanic or Latino
  • 62.4%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 50571, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $56,381 (Individual Income Tax Returns)

Here:	$56,381
State:	$71,087

Salary/wage: $44,577 (reported on 81.2% of returns)

Here:	$44,577
State:	$57,361

(% of AGI for various income ranges: 1430.0% for AGIs below $25k, 3716.7% for AGIs $25k-50k, 6787.5% for AGIs $50k-75k)

Taxable interest for individuals: $586 (reported on 43.8% of returns)

This zip code:	$586
Iowa:	$1,633

(% of AGI for various income ranges: 60.0% for AGIs below $25k, 57.5% for AGIs $50k-75k)

Ordinary dividends: $440 (reported on 31.2% of returns)

Here:	$440
State:	$5,432

(% of AGI for various income ranges: 26.7% for AGIs below $25k, 35.0% for AGIs $50k-75k)

Net capital gain/loss in AGI: +$2,400 (reported on 12.5% of returns)

Here:	+$2,400
State:	+$15,243

(% of AGI for various income ranges: 160.0% for AGIs below $25k)

Profit/loss from business: +$1,650 (reported on 12.5% of returns)

Here:	+$1,650
State:	+$11,763

(% of AGI for various income ranges: 110.0% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 93.8%

Here:	94%
State:	95%

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

Averages for the 2012 tax year for zip code 50571, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $58,626 (Individual Income Tax Returns)

Here:	$58,626
State:	$58,860

Salary/wage: $32,973 (reported on 78.9% of returns)

Here:	$32,973
State:	$46,659

(% of AGI for various income ranges: 75.8% for AGIs below $25k, 127.1% for AGIs $25k-50k, 102.8% for AGIs $75k-100k)

Taxable interest for individuals: $938 (reported on 42.1% of returns)

This zip code:	$938
Iowa:	$1,537

(% of AGI for various income ranges: 0.5% for AGIs $25k-50k, 1.9% for AGIs $50k-75k, 0.8% for AGIs $100k-200k)

Ordinary dividends: $217 (reported on 31.6% of returns)

Here:	$217
State:	$4,542

Profit/loss from business: +$3,233 (reported on 15.8% of returns)

Here:	+$3,233
State:	+$10,509

Total itemized deductions: $15,025 (14% of AGI, reported on 21.1% of returns)

Here:	$15,025
State:	$21,278

Here:	14.4% of AGI
State:	18.9% of AGI

Charity contributions: $2,600 (reported on 10.5% of returns)

Here:	$2,600
State:	$4,044

Taxes paid: $6,425 (reported on 21.1% of returns)

50571:	$6,425
State:	$8,846

Earned income credit: $1,675 (reported on 21.1% of returns)

Here:	$1,675
State:	$2,098

(% of AGI for various income ranges: 6.9% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 73.7%

Here:	74%
State:	65%

(% for various income ranges: 71.4% for AGIs below $25k, 60.0% for AGIs $25k-50k, 200.0% for AGIs $50k-75k, 66.7% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 50571, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $29,813 (Individual Income Tax Returns)

Here:	$29,813
State:	$43,875

Salary/wage: $25,682 (reported on 70.6% of returns)

Here:	$25,682
State:	$38,265

(% of AGI for various income ranges: 71.3% for AGIs below $10k, 50.9% for AGIs $10k-25k, 62.0% for AGIs $25k-50k, 74.6% for AGIs $50k-75k, 49.1% for AGIs $75k-100k)

Taxable interest for individuals: $1,525 (reported on 57.0% of returns)

This zip code:	$1,525
Iowa:	$1,768

(% of AGI for various income ranges: 14.4% for AGIs below $10k, 5.0% for AGIs $10k-25k, 3.7% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 0.5% for AGIs $75k-100k)

Taxable dividends: $772 (reported on 43.0% of returns)

Here:	$772
State:	$2,510

(% of AGI for various income ranges: 7.7% for AGIs below $10k, 1.6% for AGIs $10k-25k, 1.4% for AGIs $25k-50k, 0.5% for AGIs $50k-75k)

Net capital gain/loss: +$911 (reported on 21.0% of returns)

Here:	+$911
State:	+$6,139

Profit/loss from business: +$3,189 (reported on 17.3% of returns)

Here:	+$3,189
State:	+$8,574

Profit/loss from farming: +$6,021 (reported on 22.4% of returns)

Here:	+$6,021
State:	-$74

Total itemized deductions: $17,905 (59% of AGI, reported on 9.8% of returns)

Here:	$17,905
State:	$16,976

Here:	58.7% of AGI
State:	20.8% of AGI

Charity contributions deductions: $1,375 (5% of AGI, reported on 7.5% of returns)

Here:	$1,375
State:	$3,089

Here:	5.1% of AGI
State:	3.6% of AGI

Total tax: $3,278 (reported on 75.7% of returns)

50571:	$3,278
State:	$6,177

(% of AGI for various income ranges: 5.0% for AGIs below $10k, 5.2% for AGIs $10k-25k, 6.7% for AGIs $25k-50k, 7.5% for AGIs $50k-75k, 15.0% for AGIs $75k-100k)

Earned income credit: $1,643 (reported on 13.1% of returns)

Here:	$1,643
State:	$1,540

Percentage of individuals using paid preparers for their 2004 taxes: 76.6%

Here:	77%
State:	70%

(% for various income ranges: 72.5% for AGIs below $10k, 78.3% for AGIs $10k-25k, 84.4% for AGIs $25k-50k, 60.0% for AGIs $50k-75k, 78.6% for AGIs $75k-100k)

Nearest zip codes: 50563, 50575, 50574, 50541, 50581, 50518.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 5
Household did not receive Food Stamps/SNAP in the past 12 months: 157

Women who did not have a birth in the past 12 months: 32 (19 now married, 13 unmarried)

Housing units in zip code 50571 with a mortgage: 46
Median monthly owner costs for units with a mortgage: $1,262
Median monthly owner costs for units without a mortgage: $300

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

• Zip code 50571 household income distribution in 2022

• 8Less than $10,000
• 11$10,000 to $14,999
• 2$20,000 to $24,999
• 7$25,000 to $29,999
• 14$35,000 to $39,999
• 7$40,000 to $44,999
• 1$45,000 to $49,999
• 20$50,000 to $59,999
• 19$60,000 to $74,999
• 31$75,000 to $99,999
• 24$100,000 to $124,999
• 4$125,000 to $149,999
• 1$150,000 to $199,999
• 5$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 50571

• 6Less than $10,000
• 5$10,000 to $14,999
• 6$15,000 to $19,999
• 5$20,000 to $24,999
• 9$25,000 to $29,999
• 16$30,000 to $34,999
• 6$35,000 to $39,999
• 3$40,000 to $49,999
• 37$50,000 to $59,999
• 1$60,000 to $69,999
• 9$70,000 to $79,999
• 2$80,000 to $89,999
• 2$90,000 to $99,999
• 5$100,000 to $124,999
• 4$150,000 to $174,999
• 4$175,000 to $199,999
• 3$250,000 to $299,999
• 6$300,000 to $399,999

• Rent paid by renters in 2022 in zip code 50571

• 5$700 to $749
• 4$800 to $899
• 2No cash rent

Median price asked for vacant for-sale houses and condos in 2022: $215,987.

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

• White Non-Hispanic householders: $49,181

Estimated median house or condo value in 2022: $56,365 Lower value quartile - upper value quartile: $32,003 - $78,560

Mean price in 2022:

Detached houses: $72,374

Here:	$72,374
State:	$245,224

Housing units in structures:

• One, detached: 165
• 5 to 9: 16

Unemployment: 0.6%

• Means of transportation to work in zip code 50571

• 74.8%87Drove a car alone
• 10.3%12Carpooled
• 2.6%3Walked
• 0.9%1Other means
• 7.7%9Worked at home

• Travel time to work (commute) in zip code 50571

• 9Less than 5 minutes
• 35 to 9 minutes
• 1610 to 14 minutes
• 1515 to 19 minutes
• 220 to 24 minutes
• 225 to 29 minutes
• 2430 to 34 minutes
• 335 to 39 minutes
• 740 to 44 minutes
• 545 to 59 minutes
• 1460 to 89 minutes
• 690 or more minutes

Percentage of zip code residents living and working in this county: 44.8%

Household type by relationship:

Households: 254

• Male householders: 75 (53 living alone), Female householders: 87 (55 living alone)

• 54 spouses (51 opposite-sex spouses), 1 unmarried partners, (1 opposite-sex unmarried partners), 34 children (34 natural, 0 adopted, 0 stepchildren), 5 grandchildren, 2 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 2 non-relatives

Size of family households: 36 2-persons, 11 3-persons, 1 4-persons, 5 5-persons

Size of nonfamily households: 107 1-person, 1 2-persons

19 married couples with children.
8 single-parent households (8 women).

94.1% of residents of 50571 zip code speak English at home.
4.3% of residents speak Spanish at home (64% very well, 27% well, 9% not well).
1.2% of residents speak other Indo-European language at home (100% very well).

Facilities with environmental interests located in this zip code:

• PALMER FARMERS COOP. (NO STREET ADDRESS in PALMER, IA)

  AIR MINOR (AIRS/AFS)
  Business SIC classification: PREPARED FEEDS AND FEED INGREDIENTS FOR ANIMALS AND FOWLS, EXCEPT DOGS AND CATS
  

• NEW COOP (206 MAIN STREET in PALMER, IA)

  TRI REPORTER (Tracking of toxic chemicals releasing facilities)
  Business SIC classification: PREPARED FEEDS AND FEED INGREDIENTS FOR ANIMALS AND FOWLS, EXCEPT DOGS AND CATS
  Alternative names: LAND O'LAKES FARMLAND FEED, LAND O'LAKES FARMLAND FEED, NEW CO-OP, NEW COOPERATIVE INCORPORATED PALMER NH3, PALMER FARMERS COOP.

Housing units lacking complete plumbing facilities: 2.3%
Housing units lacking complete kitchen facilities: 3.2%

Population in 1990: 1,119.

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

• This state: 222
• Midwest: 19
• South: 3
• West: 1

74% of the 50571 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 36% lived in this county.
   Out of people who lived in different counties, 50% lived in Iowa.

96% of the 50571 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 25% moved from different county within same state.
   Out of people who lived in different houses, 12% moved from different state.
   Out of people who lived in different houses, 62% moved from abroad.

Private vs. public school enrollment:

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

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

• Wholesale Trade: Grain and Field Bean Merchant Wholesalers (10-19 employees: 1 establishment)
• Other Services (except Public Administration): Religious Organizations (5-9: 1, 1-4: 1)
• Construction: Commercial and Institutional Building Construction (1-4: 1)
• Wholesale Trade: Farm Supplies Merchant Wholesalers (1-4: 1)
• Information: Wired Telecommunications Carriers (1-4: 1)

Most common first names in zip code 50571 among deceased individuals
Name	Count	Lived (average)
John	13	77.2 years
Anna	7	88.0 years
William	7	80.9 years
Herman	6	79.0 years
Emma	5	86.0 years
Mary	4	87.8 years
Lena	4	93.0 years
Robert	4	77.7 years
George	4	73.6 years
Gerd	4	76.5 years

Most common last names in zip code 50571 among deceased individuals
Last name	Count	Lived (average)
Johnson	12	81.8 years
Aden	7	78.7 years
Schoon	7	74.3 years
Peterson	6	80.3 years
Peters	6	71.0 years
Murman	6	71.2 years
Hartman	5	75.2 years
Beneke	5	76.4 years
Abrahamson	4	80.7 years
Ihnen	4	80.0 years