PlainZIP

Alexander, IA · standard

ZIP Code 50420

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

377
3/sq mi
$76,250
Median income
$101,600
Median home value
27.1%
Bachelor's or higher

The verdict

Alexander pairs an above-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

Top 43%
household income, US ZIPs
10th pct
home value, US ZIPs
3
people per sq mi
85%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50420 against every reporting US ZIP.

ZIP code 50420 is a sparsely populated ZIP (a standard USPS delivery area) in Alexander, Franklin County, Iowa, home to just 377 residents across 117.8 square miles, a density of 3 people per square mile, in the Chicago time zone.

ZIP 50420 lands in the middle-income range, with a median household income of $76,250 (0% below the Iowa average), while per-capita income is $32,251. Local economic indicators show a 14.7% poverty rate alongside 2.9% unemployment. Housing costs here run $101,600 for a typical home value (42% below the state average), with rent averaging - a month; 85.1% of homes are owner-occupied.

Educational attainment sits below the national norm: 27.1% of adults hold a bachelor's degree or higher, the median age is 42.8, and the average commute is -. Beyond these figures, 5 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Franklin County, letting you compare 50420 to its immediate surroundings rather than a national baseline alone.

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 →

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 50420, Alexander, 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

377

Population

117.8

Area (sq mi)

3

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 50420?

42.8

Median Age

56.4%

Male

43.6%

Female

5.3%

Foreign-Born

White 87.1%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.6%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 12.1%
Hispanic or Latino 15.2%

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?

$76,250

Median Household Income

-0% vs state

$32,251

Per Capita Income

14.7%

Poverty Rate

2.9%

Unemployment Rate

How ZIP 50420 ranks nationally

Alexander, IA household income vs. every US ZIP code

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

$76,250 Top 43% higher than 57% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $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 60.2%
Bachelor's Degree or Higher 27.1%

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

What does housing look like?

191

Total Housing Units

175

Occupied Units

16

Vacant Units

2.70

Avg Household Size

Occupancy Type

Owner 85.1%
Renter 14.9%

$101,600

Median Home Value

-42% vs state

1953

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 6 business establishments in ZIP 50420, employing approximately 53 people with a combined annual payroll of $3,865,000.

6

Businesses

53

Employees

$3.9M

Annual Payroll

0

Industry Sectors

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 50420 vs 50452 →

ZIP 50420 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 50420 ranks #4 by population - useful context the national average alone can't give.

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

ZIP 50420 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 50420 ranks the highest 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
50452 Latimer, IA 804 4.6 mi
50457 Meservey, IA 441 7.9 mi
50470 Rowan, IA 275 6.5 mi
50431 Coulter, IA 273 6.6 mi
50479 Thornton, IA 684 9.7 mi

More ZIP Codes in Franklin County

50441 standard
Hampton, IA
Pop: 5,776
50475 standard
Sheffield, IA
Pop: 1,757
50452 standard
Latimer, IA
Pop: 804
50633 standard
Geneva, IA
Pop: 373
50431 standard
Coulter, IA
Pop: 273
50041 standard
Bradford, IA
Pop: 92

Related Areas

Franklin County Alexander, IA Iowa

Frequently Asked Questions

What county is ZIP code 50420 in? ▼
ZIP code 50420 (Alexander) is located in Franklin County, Iowa. Franklin County contains multiple ZIP codes, see the full list at /counties/franklin-ia.
What is the population of ZIP code 50420? ▼
ZIP code 50420 in Alexander, IA has a population of 377 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 50420? ▼
The median household income in ZIP 50420 is $76,250, which is 0% below the national average of $76,288.
What is the average home value in ZIP 50420? ▼
The median home value in ZIP 50420 is $101,600, which is 63% below the national average of $278,155.
What is the demographic makeup of ZIP 50420? ▼
The largest racial group in ZIP 50420 is White at 87.1%. Hispanic or Latino residents make up 15.2% of the population.
How many businesses are in ZIP code 50420? ▼
ZIP code 50420 has 6 business establishments employing approximately 53 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 50420? ▼
In ZIP code 50420, 60.2% of residents aged 25+ have a high school diploma or higher, and 27.1% 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 50420? ▼
In ZIP code 50420, approximately 85.1% of occupied housing units are owner-occupied and 14.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 50420? ▼
The poverty rate in ZIP code 50420 is 14.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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