50238 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 50238 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 50238, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

50238 is a zip code in Lucas County and Wayne County, Iowa, which covers Benton, Cedar, English, Lincoln, Pleasant, Washington, Union, and Wright, with a total population of 1,400 people.

Median Household Income

According to the latest ACS 5-year survey in 2020, the median household income in 50238 is $53,214.00.

The chart below shows the average household income by age in 50238.

  • Under 25
    $0.00
  • 25 to 44
    $58,594.00
  • 45 to 64
    $75,417.00
  • 65 and over
    $29,196.00

Average Household Income

A very commonly asked question is "what is the average household income in the 50238 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 50238 is $62,537.00.

0.00% of households in the 50238 zip code are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 50238 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for 50238

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 50238 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    18.22%
  • $25,000 to $49,999
    28.88%
  • $50,000 to $74,999
    23.64%
  • $75,000 to $99,999
    8.14%
  • $100,000 to $149,999
    16.28%
  • $150,000 to $199,999
    4.84%
  • $200,000 or more
    0.00%

Per Capita Income

The per capita income is the average income of all people in the 50238 zip code. This is calculated by dividing the total income of all people in 50238 by the total number of people in 50238.

It differs from the average or mean household income because it includes all people in 50238 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 50238 zip code is $22,323.00.

Population in 50238 by Race and Ethnicity

The total population in 50238 is currently 1,400 people.

The race and ethnicity of the population in 50238 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 50238 zip code.

  • 99.40% White
    1,391
  • 0.00% Black/African American
    0
  • 0.00% Native
    0
  • 0.00% Hispanic
    0
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.60% Two or more races
    9
  • 0.00% Other
    0

Population of 50238 by Age and Gender

Another very important demographics statistic for the 50238 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 139 128
10 to 19 Years 111 65
20 to 29 Years 51 74
30 to 39 Years 69 68
40 to 49 Years 57 85
50 to 59 Years 110 94
60 to 69 Years 56 73
70 Years and over 152 68

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 50238 zip code.

  • Master's degree or higher
    3.28%
  • Bachelor's degree
    11.11%
  • Some college or associate's degree
    23.68%
  • High school diploma or equivalent
    60.11%
  • Less than high school diploma
    1.82%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 50238 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 50238 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 50238 zip code that are over the age of 16.

The current population in 50238 that are over the age of 16 is 1,023 people.

The unemployment rate in 50238 is 42.70%, which means 437 people are unemployed.

Median Age in 50238

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 50238 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 50238 is 39.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 50238

39.2

Total

40.6

Male

37.7

Female

Households and Families

There are a total of 516 households in 50238, and the average household size is 2.71 people.

For families, the total number is 378, and the average family size is 3.27 people.

1.30% of those families in the 50238 zip code are living below the poverty line.

The table below shows the poverty thresholds for 50238 in 2022.

Household Size Poverty Threshold
1 Person $13,590.00
2 People $18,310.00
3 People $23,030.00
4 People $27,750.00
5 People $32,470.00
6 People $37,190.00
7 People $41,910.00
8 People $46,630.00

Please note that the poverty thresholds shown above are from 2022, while the latest demographics data we have is from 2020.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in the 50238 zip code for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 342 10 26 138
Average Household Size 3.35 1.5 3.23 1.12
Total Families 342 10 26 0
Average Household Size 3.35 1.5 2.88 0

Housing Data in 50238

There are total of 611 housing units in the 50238 zip code. Of those units, 516 (84.45%) are occupied, and 95 (15.55%) are vacant.

Rental Rates

Of the 611 housing units in 50238, 43 (7.04%) are occupied by renters. The median rent paid by renters is $660.00.

Owner occupied housing units make up the remaining 74.47% of housing units, with 455 housing units in total.

The table below breaks down how much rent is paid by renters in the 50238 zip code.

  • No rent paid
    18
  • Less than $500
    9
  • $500 to $999
    34
  • $1,000 to $1,499
    0
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in 50238 is $62,400.00.

The table below breaks down the range of valuations for all properties in 50238.

  • Less than $50,000
    189
  • $50,000 to $99,999
    155
  • $100,000 to $149,999
    33
  • $150,000 to $199,999
    41
  • $200,000 to $299,999
    18
  • $300,000 to $499,999
    19
  • $500,000 to $999,999
    0
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 50238 zip code.

  • 1939 or earlier
    242
  • 1940 to 1949
    51
  • 1950 to 1959
    10
  • 1960 to 1969
    63
  • 1970 to 1979
    138
  • 1980 to 1989
    28
  • 1990 to 1999
    25
  • 2000 to 2009
    39
  • 2010 to 2013
    0
  • 2014 or later
    15

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 50238 has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    13
  • 1 vehicle available
    83
  • 2 vehicles available
    174
  • 3 or more vehicles available
    246

Commuting to Work in 50238

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 50238 zip code, how they commute, and how that correlates to other data points.

The average travel time is 25.3 minutes, and the chart below covers the range of travel times across the population of 50238.

  • Less than 5 minutes
    10
  • 5 to 9 minutes
    61
  • 10 to 14 minutes
    41
  • 15 to 19 minutes
    131
  • 20 to 24 minutes
    99
  • 25 to 29 minutes
    14
  • 30 to 34 minutes
    47
  • 35 to 39 minutes
    12
  • 40 to 44 minutes
    7
  • 45 to 59 minutes
    42
  • 60 to 89 minutes
    49
  • 90 or more minutes
    8

We can also look at the means of transport in 50238 to see which modes of transport people are using to commute to work.

  • Drove alone
    490
  • Carpooled
    15
  • Public transportation
    0
  • Walked
    7
  • Other means
    9
  • Worked from home
    8

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 50238 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 50238.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "50238 Zip Code Income, Population and Demographics". NameCensus.com. Accessed on August 18, 2022. https://namecensus.com/demographics/iowa/50238/.

  • "50238 Zip Code Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/iowa/50238/. Accessed 18 August, 2022

  • 50238 Zip Code Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/iowa/50238/.