50848 Zip Code (Gravity, IA) Detailed Profile

Estimated zip code population in 2022: 290
Zip code population in 2010: 378
Zip code population in 2000: 460

Houses and condos: 154
Renter-occupied apartments: 16
March 2022 cost of living index in zip code 50848: 81.5 (low, U.S. average is 100)

Land area: 45.3 sq. mi.
Water area: 0.2 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: $1,811 (0.8%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $662 (1.2%)

For population 25 years and over in 50848:

• High school or higher: 92.7%
• Bachelor's degree or higher: 17.9%
• Graduate or professional degree: 7.6%
• Mean travel time to work (commute): 23.3 minutes

For population 15 years and over in 50848:

• Never married: 32.9%
• Now married: 57.5%
• Separated: 0.0%
• Widowed: 1.6%
• Divorced: 8.0%

100% rural population.

Averages for the 2020 tax year for zip code 50848, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $43,913 (Individual Income Tax Returns)

Here:	$43,913
State:	$71,087

Salary/wage: $39,230 (reported on 66.7% of returns)

Here:	$39,230
State:	$57,361

(% of AGI for various income ranges: 1013.3% for AGIs below $25k, 4750.0% for AGIs $25k-50k, 3330.0% for AGIs $50k-75k)

Taxable interest for individuals: $250 (reported on 40.0% of returns)

This zip code:	$250
Iowa:	$1,633

(% of AGI for various income ranges: 23.3% for AGIs below $25k, 26.7% for AGIs $50k-75k)

Profit/loss from business: +$2,750 (reported on 13.3% of returns)

Here:	+$2,750
State:	+$11,763

(% of AGI for various income ranges: 183.3% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 93.3%

Here:	93%
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 $75k-100k)

Averages for the 2012 tax year for zip code 50848, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $41,350 (Individual Income Tax Returns)

Here:	$41,350
State:	$58,860

Salary/wage: $34,391 (reported on 78.6% of returns)

Here:	$34,391
State:	$46,659

(% of AGI for various income ranges: 52.4% for AGIs below $25k, 79.5% for AGIs $25k-50k, 61.9% for AGIs $50k-75k)

Taxable interest for individuals: $400 (reported on 35.7% of returns)

This zip code:	$400
Iowa:	$1,537

Profit/loss from business: +$2,633 (reported on 21.4% of returns)

Here:	+$2,633
State:	+$10,509

Earned income credit: $2,250 (reported on 14.3% of returns)

Here:	$2,250
State:	$2,098

(% of AGI for various income ranges: 7.5% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 71.4%

Here:	71%
State:	65%

(% for various income ranges: 60.0% for AGIs below $25k, 75.0% for AGIs $25k-50k, 80.0% for AGIs $50k-75k)

Averages for the 2004 tax year for zip code 50848, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $26,925 (Individual Income Tax Returns)

Here:	$26,925
State:	$43,875

Salary/wage: $26,221 (reported on 85.5% of returns)

Here:	$26,221
State:	$38,265

(% of AGI for various income ranges: 133.8% for AGIs below $10k, 74.4% for AGIs $10k-25k, 89.3% for AGIs $25k-50k, 72.9% for AGIs $50k-75k)

Taxable interest for individuals: $1,345 (reported on 36.5% of returns)

This zip code:	$1,345
Iowa:	$1,768

(% of AGI for various income ranges: 3.4% for AGIs below $10k, 7.9% for AGIs $10k-25k, 0.5% for AGIs $25k-50k, 0.5% for AGIs $50k-75k)

Taxable dividends: $200 (reported on 12.6% of returns)

Here:	$200
State:	$2,510

Net capital gain/loss: +$1,556 (reported on 11.3% of returns)

Here:	+$1,556
State:	+$6,139

Profit/loss from farming: +$1,548 (reported on 19.5% of returns)

Here:	+$1,548
State:	-$74

Total itemized deductions: $10,294 (34% of AGI, reported on 10.7% of returns)

Here:	$10,294
State:	$16,976

Here:	34.2% of AGI
State:	20.8% of AGI

Total tax: $2,571 (reported on 74.8% of returns)

50848:	$2,571
State:	$6,177

(% of AGI for various income ranges: 4.8% for AGIs below $10k, 3.5% for AGIs $10k-25k, 7.3% for AGIs $25k-50k, 9.1% for AGIs $50k-75k)

Earned income credit: $1,381 (reported on 13.2% of returns)

Here:	$1,381
State:	$1,540

Percentage of individuals using paid preparers for their 2004 taxes: 80.5%

Here:	81%
State:	70%

(% for various income ranges: 75.0% for AGIs below $10k, 74.4% for AGIs $10k-25k, 86.7% for AGIs $25k-50k, 85.0% for AGIs $50k-75k)

Nearest zip codes: 50862, 51646, 50833, 50857, 50841, 50851.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 7
Household did not receive Food Stamps/SNAP in the past 12 months: 96

Women who had a birth in the past 12 months: 3 (3 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 68 (32 now married, 36 unmarried)

Housing units in zip code 50848 with a mortgage: 48
Median monthly owner costs for units with a mortgage: $1,325
Median monthly owner costs for units without a mortgage: $349

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

• Zip code 50848 household income distribution in 2022

• 4Less than $10,000
• 7$10,000 to $14,999
• 5$20,000 to $24,999
• 9$25,000 to $29,999
• 6$30,000 to $34,999
• 3$35,000 to $39,999
• 15$40,000 to $44,999
• 3$45,000 to $49,999
• 10$50,000 to $59,999
• 7$60,000 to $74,999
• 7$75,000 to $99,999
• 5$100,000 to $124,999
• 1$125,000 to $149,999
• 16$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 50848

• 3Less than $10,000
• 2$10,000 to $14,999
• 5$20,000 to $24,999
• 1$25,000 to $29,999
• 2$30,000 to $34,999
• 6$40,000 to $49,999
• 12$50,000 to $59,999
• 1$60,000 to $69,999
• 12$70,000 to $79,999
• 2$90,000 to $99,999
• 3$175,000 to $199,999
• 25$200,000 to $249,999

• Rent paid by renters in 2022 in zip code 50848

• 1$150 to $199
• 1$200 to $249
• 2$400 to $449
• 4$500 to $549
• 1$3,000 to $3,499
• 3No cash rent

Median gross rent in 2022: $663.

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

• White Non-Hispanic householders: $50,665
• Hispanic or Latino householders: $251,095

Estimated median house or condo value in 2022: $78,119 Lower value quartile - upper value quartile: $50,078 - $228,469

Mean price in 2022:

Detached houses: $312,171

Here:	$312,171
State:	$245,224

Mobile homes: $74,590

Here:	$74,590
State:	$51,271

Housing units in structures:

• One, detached: 149
• Mobile homes: 3

• Means of transportation to work in zip code 50848

• 74.4%129Drove a car alone
• 16.1%28Carpooled
• 8.6%15Worked at home

• Travel time to work (commute) in zip code 50848

• 4Less than 5 minutes
• 175 to 9 minutes
• 2310 to 14 minutes
• 1715 to 19 minutes
• 3020 to 24 minutes
• 3125 to 29 minutes
• 1730 to 34 minutes
• 1045 to 59 minutes
• 860 to 89 minutes

Percentage of zip code residents living and working in this county: 54.9%

Household type by relationship:

Households: 290

• Male householders: 62 (9 living alone), Female householders: 42 (13 living alone)

• 70 spouses (70 opposite-sex spouses), 4 unmarried partners, (4 opposite-sex unmarried partners), 110 children (79 natural, 0 adopted, 32 stepchildren), 2 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 1 other relatives, 0 non-relatives

Size of family households: 29 2-persons, 29 3-persons, 4 4-persons, 15 5-persons, 3 6-persons

Size of nonfamily households: 21 1-person

55 married couples with children.
9 single-parent households (9 women).

98.9% of residents of 50848 zip code speak English at home.

Facilities with environmental interests located in this zip code:

• GRAVITY, CITY OF-(SOUTHERN IOWA RURAL WATER ASSOCIATION) (HILLCREST AVENUE & 3RD STREET EXTENSION in GRAVITY, IA)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: SEWERAGE SYSTEMS
  

• GRAVITY 2000 (ANY STREET in GRAVITY, IA)

  AIR MINOR (AIRS/AFS)
  Business SIC classification: NONCLASSIFIABLE ESTABLISHMENTS
  

Housing units lacking complete plumbing facilities: 27.9%
Housing units lacking complete kitchen facilities: 7.0%

Population in 1990: 617.

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

• This state: 167
• Midwest: 102
• South: 10
• West: 6

67% of the 50848 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 53% lived in this county.
   Out of people who lived in different counties, 50% lived in Iowa.

93% of the 50848 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 25% moved from this county.
   Out of people who lived in different houses, 58% moved from different state.
   Out of people who lived in different houses, 8% moved from abroad.

Private vs. public school enrollment:

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

Most common first names in zip code 50848 among deceased individuals
Name	Count	Lived (average)
William	7	73.3 years
George	5	83.0 years
John	5	78.4 years
Harry	4	81.7 years
Frank	4	74.0 years
Robert	4	72.7 years
Helen	3	77.0 years
Francis	3	74.7 years
Jessie	3	83.6 years
Kenneth	3	71.6 years

Most common last names in zip code 50848 among deceased individuals
Last name	Count	Lived (average)
Beemer	7	85.3 years
Lock	5	75.4 years
Ambrose	4	80.8 years
Akers	4	69.7 years
Blake	4	73.5 years
Briggs	4	80.5 years
Churchill	4	71.7 years
Baker	4	80.3 years
Moore	4	78.5 years
Parks	4	76.7 years