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 Moderate-density area
- $89,940
- Median income Above-median income area
- $211,500
- Median home value Near-median home value
- 22.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 50054 (Colfax, IA) rose +9.4% from 2023 to 2024. The all-transactions index moved from 245.8 in 2023 to 269.0 in 2024 (2000 = 100).
ZIP code 50054 covers 151.2 square miles in Colfax, Jasper County, Iowa (a standard USPS delivery area), with a modest 3,356 residents on file, a density of 22 people per square mile, in the Chicago time zone.
ZIP 50054 lands in the middle-income range, with a median household income of $89,940 (17% above the average Iowa ZIP), while per-capita income is $38,852. The poverty rate is 10.6%, with unemployment at 4.3%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $211,500 (20% above the average Iowa ZIP), while 75.9% of occupied homes are owner-occupied and median rent is $833.
Educational attainment sits below the national norm: 22.6% of adults hold a bachelor's degree or higher, the median age is 36.8, and the average commute is -. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Jasper County, so 50054 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 50054
Top 5 sectors by establishment count in Colfax, IA
Which industries have the most business establishments in ZIP 50054.
- Other services (except public administration)
Other services (except public administration)
10 establishments
- Retail trade
Retail trade
9 establishments
- Accommodation and food services
Accommodation and food services
8 establishments
- Construction
Construction
7 establishments
- Health care and social assistance
Health care and social assistance
6 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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
Who lives in ZIP 50054?
36.8
Median Age
54.3%
Male
45.7%
Female
1.7%
Foreign-Born
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 ZIP avg
$38,852
Per Capita Income
10.6%
Poverty Rate
4.3%
Unemployment Rate
How ZIP 50054 ranks among Iowa ZIPs
Colfax, IA household income vs. every Iowa ZIP code
Median household income among 911 reporting Iowa ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$89,940 Top 21% higher than 79% of 911 Iowa ZIPs
Each bar is a $20K-wide band; taller bars hold more Iowa 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
1,283housing units
1,283
Total Housing Units
1,189
Occupied Units
94
Vacant Units
2.61
Avg Household Size
Occupancy Type
$211,500
Median Home Value
+20% vs state ZIP avg
$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.
- 50054
Colfax (50054)
3,356 residents
- 50237
Runnells (50237)
3,095 residents
- 50169
Mitchellville (50169)
3,093 residents
- 50228
Prairie City (50228)
2,417 residents
- 50028
Baxter (50028)
1,681 residents
- 50168 842
Mingo (50168)
842 residents
- 50127 29
Ira (50127)
29 residents
What this shows Among its immediate neighbors, ZIP 50054 ranks the most populous - useful context the national average alone can't give.
ZIP 50054 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50168
Mingo (50168)
$113,750 median income
- 50237
Runnells (50237)
$101,806 median income
- 50228
Prairie City (50228)
$90,833 median income
- 50054
Colfax (50054)
$89,940 median income
- 50169
Mitchellville (50169)
$83,938 median income
- 50028
Baxter (50028)
$72,022 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 50054, both outside IA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (3,356 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Jasper County
Related Areas
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.
Related
Take this with you
What to do with ZIP 50054's numbers, next.
- See how ZIP 50054 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Colfax, IA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.