PlainZIP

Colfax, IA · standard

ZIP Code 50054

Jasper County, Iowa — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

3,356
22/sq mi
$89,940
Median income
$211,500
Median home value
22.6%
Bachelor's or higher

The verdict

Colfax pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.

Top 27%
household income, US ZIPs
47th pct
home value, US ZIPs
22
people per sq mi
76%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50054 against every reporting US ZIP.

ZIP code 50054 is classified by USPS as a standard delivery area and covers roughly 151.2 square miles in Colfax, Jasper County, Iowa. The area is home to 3,356 residents, producing a population density of 22 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 50054 against Iowa and the nation.

On the economic side, the median household income for ZIP 50054 sits at $89,940 (17% above the Iowa average), while per-capita income is $38,852. The poverty rate stands at 10.6% and the unemployment rate at 4.3%. On housing, the median home value is $211,500 (20% above the state average) with median rent at $833 per month, and 75.9% of occupied units are owner-occupied, a direct signal of whether 50054 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 22.6% of adults hold a bachelor's degree or higher, the median age is 36.8, and the average commute is —. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Jasper County, so you can benchmark 50054 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 50054

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 50054.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 50054, Colfax, IA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

3,356

Population

151.2

Area (sq mi)

22

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 50054?

36.8

Median Age

54.3%

Male

45.7%

Female

1.7%

Foreign-Born

White 94.4%
African American 1.0%
Asian 0.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.4%
Hispanic or Latino 1.7%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$89,940

Median Household Income

+17% vs state

$38,852

Per Capita Income

10.6%

Poverty Rate

4.3%

Unemployment Rate

How ZIP 50054 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$89,940 Top 27% higher than 73% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 63.4%
Bachelor's Degree or Higher 22.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,283

Total Housing Units

1,189

Occupied Units

94

Vacant Units

2.61

Avg Household Size

Occupancy Type

Owner 75.9%
Renter 24.1%

$211,500

Median Home Value

+20% vs state

$833

Median Rent

1965

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+9.4%

YoY Change (2024)

269

HPI Index (2000 = 100)

+169%

Total Change Since 2000

Home values in ZIP 50054 have increased 9.4% over the past year (2024). Since 2000, this ZIP has seen +169% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.3% 165
2021 +9.6% 181
2022 +19.2% 216
2023 +13.7% 246
2024 +9.4% 269

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 63 business establishments in ZIP 50054, employing approximately 370 people with a combined annual payroll of $14,414,000.

63

Businesses

370

Employees

$14.4M

Annual Payroll

8

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 10 15.9%
Retail trade 9 14.3%
Accommodation and food services 8 12.7%
Construction 7 11.1%
Health care and social assistance 6 9.5%
Professional, scientific, and technical services 5 7.9%
Administrative and support and waste management and remediation services 5 7.9%
Wholesale trade 4 6.3%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 50054 vs 50228 →

ZIP 50054 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 50054 ranks the most populous — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 50054 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 50054 ranks #4 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
50228 Prairie City, IA 2,417 7.6 mi
50127 Ira, IA 29 6.3 mi
50168 Mingo, IA 842 6.7 mi
50169 Mitchellville, IA 3,093 6.4 mi
50028 Baxter, IA 1,681 9.9 mi
50237 Runnells, IA 3,095 12.4 mi

More ZIP Codes in Jasper County

50208 standard
Newton, IA
Pop: 20,417
50170 standard
Monroe, IA
Pop: 2,745
50228 standard
Prairie City, IA
Pop: 2,417
50028 standard
Baxter, IA
Pop: 1,681
50135 standard
Kellogg, IA
Pop: 1,605
50251 standard
Sully, IA
Pop: 1,270

Related Areas

Jasper County Colfax, IA Iowa

Frequently Asked Questions

What county is ZIP code 50054 in? ▼
ZIP code 50054 (Colfax) is located in Jasper County, Iowa. Jasper County contains multiple ZIP codes, see the full list at /counties/jasper-ia.
What is the population of ZIP code 50054? ▼
ZIP code 50054 in Colfax, IA has a population of 3,356 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 50054? ▼
The median household income in ZIP 50054 is $89,940, which is 18% above the national average of $76,288.
What is the average home value in ZIP 50054? ▼
The median home value in ZIP 50054 is $211,500, which is 24% below the national average of $278,155.
What is the demographic makeup of ZIP 50054? ▼
The largest racial group in ZIP 50054 is White at 94.4%. Hispanic or Latino residents make up 1.7% of the population.
How many businesses are in ZIP code 50054? ▼
ZIP code 50054 has 63 business establishments employing approximately 370 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 50054? ▼
The top industries by establishment count in ZIP 50054 are: Other services (except public administration) (10), Retail trade (9), Accommodation and food services (8). There are 8 industry sectors represented in total.
How have home values changed in ZIP code 50054? ▼
According to the FHFA House Price Index, home values in ZIP 50054 increased by 9.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 169%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 50054? ▼
In ZIP code 50054, 63.4% of residents aged 25+ have a high school diploma or higher, and 22.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 50054? ▼
In ZIP code 50054, approximately 75.9% of occupied housing units are owner-occupied and 24.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 50054? ▼
The poverty rate in ZIP code 50054 is 10.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Colfax, IA

Verify and explore additional data for this area using these official government sources.

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

Read our methodology to see how this data is sourced, computed, and verified.