Melbourne, IA · standard
ZIP Code 50162
Marshall County, Iowa — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,233
- 9/sq mi
- $71,417
- Median income
- $176,600
- Median home value
- 19.9%
- Bachelor's or higher
The verdict
Melbourne pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 49th pct
- household income, US ZIPs
- 37th pct
- home value, US ZIPs
- 9
- people per sq mi
- 69%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50162 against every reporting US ZIP.
ZIP code 50162 is classified by USPS as a standard delivery area and covers roughly 132.6 square miles in Melbourne, Marshall County, Iowa. The area is home to 1,233 residents, producing a population density of 9 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 50162 against Iowa and the nation.
On the economic side, the median household income for ZIP 50162 sits at $71,417 (7% below the Iowa average), while per-capita income is $39,801. The poverty rate stands at 8.1% and the unemployment rate at 3.2%. On housing, the median home value is $176,600 (1% above the state average) with median rent at $1,259 per month, and 68.9% of occupied units are owner-occupied, a direct signal of whether 50162 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.9% of adults hold a bachelor's degree or higher, the median age is 39, and the average commute is 25 minutes. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marshall County, so you can benchmark 50162 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 50162
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 50162.
- Construction
Construction
5 establishments
- Transportation and warehousing
Transportation and warehousing
3 establishments
- Other services (except public administration)
Other services (except public administration)
3 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 50162, Melbourne, 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
1,233
Population
132.6
Area (sq mi)
9
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 50162?
39.0
Median Age
52.7%
Male
47.3%
Female
0.6%
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?
$71,417
Median Household Income
-7% vs state
$39,801
Per Capita Income
8.1%
Poverty Rate
3.2%
Unemployment Rate
25.4 min
Mean Commute Time
How ZIP 50162 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$71,417 49th percentile higher than 49% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
531
Total Housing Units
517
Occupied Units
14
Vacant Units
2.25
Avg Household Size
Occupancy Type
$176,600
Median Home Value
+1% vs state
$1,259
Median Rent
1962
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 20 business establishments in ZIP 50162, employing approximately 84 people with a combined annual payroll of $4,402,000.
20
Businesses
84
Employees
$4.4M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 5 | 25.0% |
| Transportation and warehousing | 3 | 15.0% |
| Other services (except public administration) | 3 | 15.0% |
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 50162 vs 50120 →
ZIP 50162 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50247
State Center (50247)
2,515 residents
- 50028
Baxter (50028)
1,681 residents
- 50162
Melbourne (50162)
1,233 residents
- 50234 613
Rhodes (50234)
613 residents
- 50141 569
Laurel (50141)
569 residents
- 50120 323
Haverhill (50120)
323 residents
- 50127 29
Ira (50127)
29 residents
What this shows Among its immediate neighbors, ZIP 50162 ranks #3 by population — useful context the national average alone can't give.
ZIP 50162 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50120
Haverhill (50120)
$142,662 median income
- 50247
State Center (50247)
$91,875 median income
- 50234
Rhodes (50234)
$78,750 median income
- 50141
Laurel (50141)
$77,500 median income
- 50028
Baxter (50028)
$72,022 median income
- 50162
Melbourne (50162)
$71,417 median income
What this shows By household income, ZIP 50162 ranks #6 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Marshall County
Related Areas
Frequently Asked Questions
What county is ZIP code 50162 in? ▼
What is the population of ZIP code 50162? ▼
What is the median household income in ZIP 50162? ▼
What is the average home value in ZIP 50162? ▼
What is the demographic makeup of ZIP 50162? ▼
How many businesses are in ZIP code 50162? ▼
What are the main industries in ZIP code 50162? ▼
What is the education level in ZIP code 50162? ▼
What is the average commute time in ZIP 50162? ▼
What percentage of residents own vs. rent in ZIP 50162? ▼
What is the poverty rate in ZIP code 50162? ▼
ZIP Code Research Guides
Official Data Resources for Melbourne, IA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.