Waterloo, IA · standard
ZIP Code 50701
Black Hawk County, Iowa - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 30,324
- 144/sq mi High-density area
- $61,475
- Median income Below-median income area
- $183,800
- Median home value Near-median home value
- 27.9%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Waterloo pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 32nd pct
- household income, US ZIPs
- 39th pct
- home value, US ZIPs
- 144
- people per sq mi
- 67%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50701 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 50701 (Waterloo, IA) rose +4.7% from 2023 to 2024. The all-transactions index moved from 195.4 in 2023 to 204.6 in 2024 (2000 = 100).
ZIP code 50701 is a densely settled ZIP (a standard USPS delivery area) in Waterloo, Black Hawk County, Iowa, with 30,324 residents across 211.3 square miles, a density of 144 people per square mile, in the Chicago time zone.
ZIP 50701 reports a modest median household income of $61,475 (20% below the average Iowa ZIP), while per-capita income is $39,005. The poverty rate is 16.6%, with unemployment at 2.7%; those measures add context to the income figure. Median home value is $183,800 (5% above the average Iowa ZIP) and median rent is $850; 67.2% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 27.9% of adults hold a bachelor's degree or higher, the median age is 37.2, and the average commute is 15 minutes. The page also surfaces 9 ZIP codes within roughly 10 miles and 6 more in Black Hawk County, so 50701 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 50701
Top 5 sectors by establishment count in Waterloo, IA
Which industries have the most business establishments in ZIP 50701.
- Health care and social assistance
Health care and social assistance
122 establishments
- Retail trade
Retail trade
77 establishments
- Other services (except public administration)
Other services (except public administration)
67 establishments
- Finance and insurance
Finance and insurance
66 establishments
- Accommodation and food services
Accommodation and food services
57 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 50701, Waterloo, 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
30,324
Population
211.3
Area (sq mi)
144
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 50701?
37.2
Median Age
48.8%
Male
51.2%
Female
7.9%
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?
$61,475
Median Household Income
-20% vs state ZIP avg
$39,005
Per Capita Income
16.6%
Poverty Rate
2.7%
Unemployment Rate
15.0 min
Mean Commute Time
How ZIP 50701 ranks nationally
Waterloo, IA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$61,475 32nd percentile higher than 32% 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?
Housing stock: occupied vs vacant
14,796housing units
14,796
Total Housing Units
13,656
Occupied Units
1,140
Vacant Units
2.19
Avg Household Size
Occupancy Type
$183,800
Median Home Value
+5% vs state ZIP avg
$850
Median Rent
1970
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
+4.7%
YoY Change (2024)
205
HPI Index (2000 = 100)
+105%
Total Change Since 2000
Home values in ZIP 50701 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.6% | 151 |
| 2021 | +6.4% | 161 |
| 2022 | +11.8% | 180 |
| 2023 | +8.4% | 195 |
| 2024 | +4.7% | 205 |
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 699 business establishments in ZIP 50701, employing approximately 12,604 people with a combined annual payroll of $687,292,000.
699
Businesses
12,604
Employees
$687.3M
Annual Payroll
18
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 122 | 17.4% |
| Retail trade | 77 | 11.0% |
| Other services (except public administration) | 67 | 9.6% |
| Finance and insurance | 66 | 9.4% |
| Accommodation and food services | 57 | 8.2% |
| Administrative and support and waste management and remediation services | 52 | 7.4% |
| Construction | 45 | 6.4% |
| Professional, scientific, and technical services | 44 | 6.3% |
| Real estate and rental and leasing | 42 | 6.0% |
| Wholesale trade | 29 | 4.2% |
| Manufacturing | 23 | 3.3% |
| Transportation and warehousing | 23 | 3.3% |
| Arts, entertainment, and recreation | 19 | 2.7% |
| Educational services | 10 | 1.4% |
| Management of companies and enterprises | 8 | 1.1% |
| Information | 6 | 0.9% |
| Utilities | 4 | 0.6% |
| Mining, quarrying, and oil and gas extraction | 3 | 0.4% |
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 50701 vs 50702 →
ZIP 50701 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50613
Cedar Falls (50613)
42,031 residents
- 50701
Waterloo (50701)
30,324 residents
- 50702
Waterloo (50702)
19,970 residents
- 50703
Waterloo (50703)
19,863 residents
- 50707 8,509
Evansdale (50707)
8,509 residents
- 50651 3,578
La Porte City (50651)
3,578 residents
- 50643 2,747
Hudson (50643)
2,747 residents
- 50667 795
Raymond (50667)
795 residents
- 50634 713
Gilbertville (50634)
713 residents
What this shows Among its immediate neighbors, ZIP 50701 ranks #2 by population - useful context the national average alone can't give.
ZIP 50701 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 50643
Hudson (50643)
$125,804 median income
- 50612
Buckingham (50612)
$99,602 median income
- 50651
La Porte City (50651)
$88,333 median income
- 50634
Gilbertville (50634)
$79,583 median income
- 50613
Cedar Falls (50613)
$78,503 median income
- 50667
Raymond (50667)
$76,711 median income
- 50707
Evansdale (50707)
$63,441 median income
- 50702
Waterloo (50702)
$62,021 median income
- 50701
Waterloo (50701)
$61,475 median income
What this shows By household income, ZIP 50701 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 50702 | Waterloo, IA | 19,970 | 3.2 mi |
| 50707 | Evansdale, IA | 8,509 | 5.4 mi |
| 50634 | Gilbertville, IA | 713 | 6.5 mi |
| 50667 | Raymond, IA | 795 | 7.0 mi |
| 50612 | Buckingham, IA | 335 | 9.4 mi |
| 50643 | Hudson, IA | 2,747 | 7.5 mi |
| 50703 | Waterloo, IA | 19,863 | 9.7 mi |
| 50651 | La Porte City, IA | 3,578 | 10.0 mi |
| 50613 | Cedar Falls, IA | 42,031 | 11.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 50701, 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 (30,324 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Black Hawk County
Related Areas
Frequently Asked Questions
What county is ZIP code 50701 in?
ZIP code 50701 (Waterloo) is located in Black Hawk County, Iowa. Black Hawk County contains multiple ZIP codes, see the full list at /counties/black-hawk-ia.
What is the population of ZIP code 50701?
ZIP code 50701 in Waterloo, IA has a population of 30,324 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 50701?
The median household income in ZIP 50701 is $61,475, which is 19% below the national average of $76,288.
What is the average home value in ZIP 50701?
The median home value in ZIP 50701 is $183,800, which is 34% below the national average of $278,155.
What is the demographic makeup of ZIP 50701?
The largest racial group in ZIP 50701 is White at 75.5%. Hispanic or Latino residents make up 4.1% of the population.
How many businesses are in ZIP code 50701?
ZIP code 50701 has 699 business establishments employing approximately 12,604 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 50701?
The top industries by establishment count in ZIP 50701 are: Health care and social assistance (122), Retail trade (77), Other services (except public administration) (67). There are 18 industry sectors represented in total.
How have home values changed in ZIP code 50701?
According to the FHFA House Price Index, home values in ZIP 50701 increased by 4.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. 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 50701?
In ZIP code 50701, 59.0% of residents aged 25+ have a high school diploma or higher, and 27.9% 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 50701?
The mean commute time for workers in ZIP code 50701 is 15.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 50701?
In ZIP code 50701, approximately 67.2% of occupied housing units are owner-occupied and 32.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 50701?
The poverty rate in ZIP code 50701 is 16.6% 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 50701's numbers, next.
- See how ZIP 50701 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Waterloo, 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.