Madrid, IA · standard
ZIP Code 50156
Polk County, Iowa - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,412
- 19/sq mi Moderate-density area
- $98,054
- Median income Above-median income area
- $243,800
- Median home value Near-median home value
- 29.8%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Madrid pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 20%
- household income, US ZIPs
- Top 44%
- home value, US ZIPs
- 19
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50156 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 50156 (Madrid, IA) rose +11.3% from 2023 to 2024. The all-transactions index moved from 213.2 in 2023 to 237.3 in 2024 (2000 = 100).
ZIP code 50156 covers 232.2 square miles in Madrid, Polk County, Iowa (a standard USPS delivery area), with a modest 4,412 residents on file, a density of 19 people per square mile, in the Chicago time zone.
ZIP 50156 lands in the middle-income range, with a median household income of $98,054 (28% above the average Iowa ZIP), while per-capita income is $44,970. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.8% and unemployment is 1.1%. Housing is both higher-cost and owner-heavy: median home value is $243,800 (39% above the average Iowa ZIP), while 88.2% of occupied homes are owner-occupied and median rent is $768.
Educational attainment sits below the national norm: 29.8% of adults hold a bachelor's degree or higher, the median age is 41.1, and the average commute is 30 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Polk County, so 50156 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 50156
Top 5 sectors by establishment count in Madrid, IA
Which industries have the most business establishments in ZIP 50156.
- Construction
Construction
14 establishments
- Other services (except public administration)
Other services (except public administration)
13 establishments
- Retail trade
Retail trade
9 establishments
- Accommodation and food services
Accommodation and food services
9 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
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 50156, Madrid, 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
4,412
Population
232.2
Area (sq mi)
19
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 50156?
41.1
Median Age
49.8%
Male
50.2%
Female
0.5%
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?
$98,054
Median Household Income
+28% vs state ZIP avg
$44,970
Per Capita Income
3.8%
Poverty Rate
1.1%
Unemployment Rate
29.7 min
Mean Commute Time
How ZIP 50156 ranks among Iowa ZIPs
Madrid, 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)
$98,054 Top 14% higher than 86% 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
1,914housing units
1,914
Total Housing Units
1,791
Occupied Units
123
Vacant Units
2.51
Avg Household Size
Occupancy Type
$243,800
Median Home Value
+39% vs state ZIP avg
$768
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
+11.3%
YoY Change (2024)
237
HPI Index (2000 = 100)
+137%
Total Change Since 2000
Home values in ZIP 50156 have increased 11.3% over the past year (2024). Since 2000, this ZIP has seen +137% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.7% | 166 |
| 2021 | +5.0% | 174 |
| 2022 | +16.0% | 202 |
| 2023 | +5.8% | 213 |
| 2024 | +11.3% | 237 |
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 90 business establishments in ZIP 50156, employing approximately 462 people with a combined annual payroll of $19,042,000.
90
Businesses
462
Employees
$19.0M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 14 | 15.6% |
| Other services (except public administration) | 13 | 14.4% |
| Retail trade | 9 | 10.0% |
| Accommodation and food services | 9 | 10.0% |
| Real estate and rental and leasing | 6 | 6.7% |
| Professional, scientific, and technical services | 6 | 6.7% |
| Health care and social assistance | 6 | 6.7% |
| Wholesale trade | 5 | 5.6% |
| Finance and insurance | 5 | 5.6% |
| Manufacturing | 4 | 4.4% |
| Information | 4 | 4.4% |
| Administrative and support and waste management and remediation services | 4 | 4.4% |
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 50156 vs 50243 →
ZIP 50156 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50014
Ames (50014)
28,094 residents
- 50226 4,724
Polk City (50226)
4,724 residents
- 50156 4,412
Madrid (50156)
4,412 residents
- 50109 2,762
Granger (50109)
2,762 residents
- 50276 2,517
Woodward (50276)
2,517 residents
- 50244 1,813
Slater (50244)
1,813 residents
- 50134 660
Kelley (50134)
660 residents
- 50243 244
Sheldahl (50243)
244 residents
What this shows Among its immediate neighbors, ZIP 50156 ranks #3 by population - useful context the national average alone can't give.
ZIP 50156 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50226
Polk City (50226)
$153,011 median income
- 50244
Slater (50244)
$120,313 median income
- 50109
Granger (50109)
$118,669 median income
- 50134
Kelley (50134)
$111,250 median income
- 50156
Madrid (50156)
$98,054 median income
- 50276
Woodward (50276)
$91,827 median income
- 50243
Sheldahl (50243)
$80,938 median income
- 50014 $60,731
Ames (50014)
$60,731 median income
What this shows By household income, ZIP 50156 ranks #5 of 8 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 50156, 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 (4,412 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Polk County
Related Areas
Frequently Asked Questions
What county is ZIP code 50156 in?
ZIP code 50156 (Madrid) is located in Polk County, Iowa. Polk County contains multiple ZIP codes, see the full list at /counties/polk-ia.
What is the population of ZIP code 50156?
ZIP code 50156 in Madrid, IA has a population of 4,412 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 50156?
The median household income in ZIP 50156 is $98,054, which is 29% above the national average of $76,288.
What is the average home value in ZIP 50156?
The median home value in ZIP 50156 is $243,800, which is 12% below the national average of $278,155.
What is the demographic makeup of ZIP 50156?
The largest racial group in ZIP 50156 is White at 94.4%. Hispanic or Latino residents make up 5.4% of the population.
How many businesses are in ZIP code 50156?
ZIP code 50156 has 90 business establishments employing approximately 462 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 50156?
The top industries by establishment count in ZIP 50156 are: Construction (14), Other services (except public administration) (13), Retail trade (9). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 50156?
According to the FHFA House Price Index, home values in ZIP 50156 increased by 11.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 137%. 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 50156?
In ZIP code 50156, 58.7% of residents aged 25+ have a high school diploma or higher, and 29.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 50156?
The mean commute time for workers in ZIP code 50156 is 29.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 50156?
In ZIP code 50156, approximately 88.2% of occupied housing units are owner-occupied and 11.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 50156?
The poverty rate in ZIP code 50156 is 3.8% 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 50156's numbers, next.
- See how ZIP 50156 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Madrid, IA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.