PlainZIP

Waterloo, IA · standard

ZIP Code 50702

Black Hawk County, Iowa — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

19,970
816/sq mi
$62,021
Median income
$150,500
Median home value
21.5%
Bachelor's or higher

The verdict

Waterloo pairs a below-median household income with below-median home values, in a low-density, homeowner-dominated area.

33th pct
household income, US ZIPs
25th pct
home value, US ZIPs
816
people per sq mi
61%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50702 against every reporting US ZIP.

ZIP code 50702 is classified by USPS as a standard delivery area and covers roughly 24.5 square miles in Waterloo, Black Hawk County, Iowa. The area is home to 19,970 residents, producing a population density of 816 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 50702 against Iowa and the nation.

On the economic side, the median household income for ZIP 50702 sits at $62,021 (19% below the Iowa average), while per-capita income is $32,071. The poverty rate stands at 13.5% and the unemployment rate at 3.9%. On housing, the median home value is $150,500 (14% below the state average) with median rent at $971 per month, and 61.2% of occupied units are owner-occupied, a direct signal of whether 50702 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 21.5% of adults hold a bachelor's degree or higher, the median age is 36.1, and the average commute is 17 minutes. We also surface 7 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Black Hawk County, so you can benchmark 50702 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 50702

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 50702.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 50702, Waterloo, 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

19,970

Population

24.5

Area (sq mi)

816

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 50702?

36.1

Median Age

49.1%

Male

50.9%

Female

14.8%

Foreign-Born

White 68.8%
African American 12.4%
Asian 3.2%
American Indian or Alaska Native 0.7%
Native Hawaiian or Pacific Islander 3.4%
Two or More Ethnicities 6.7%
Hispanic or Latino 9.2%

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?

$62,021

Median Household Income

-19% vs state

$32,071

Per Capita Income

13.5%

Poverty Rate

3.9%

Unemployment Rate

16.9 min

Mean Commute Time

How ZIP 50702 ranks nationally

Household income vs. every US ZIP code

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

$62,021 33rd percentile higher than 33% 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 57.0%
Bachelor's Degree or Higher 21.5%

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

What does housing look like?

9,611

Total Housing Units

8,892

Occupied Units

719

Vacant Units

2.32

Avg Household Size

Occupancy Type

Owner 61.2%
Renter 38.8%

$150,500

Median Home Value

-14% vs state

$971

Median Rent

1959

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

+4.5%

YoY Change (2024)

214

HPI Index (2000 = 100)

+114%

Total Change Since 2000

Home values in ZIP 50702 have increased 4.5% over the past year (2024). Since 2000, this ZIP has seen +114% cumulative appreciation.

Year Annual Change HPI Index
2020 -0.7% 157
2021 +6.1% 167
2022 +7.6% 179
2023 +14.1% 205
2024 +4.5% 214

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 495 business establishments in ZIP 50702, employing approximately 9,513 people with a combined annual payroll of $418,236,000.

495

Businesses

9,513

Employees

$418.2M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 112 22.6%
Health care and social assistance 77 15.6%
Accommodation and food services 59 11.9%
Other services (except public administration) 49 9.9%
Construction 40 8.1%
Finance and insurance 27 5.5%
Real estate and rental and leasing 23 4.7%
Administrative and support and waste management and remediation services 21 4.2%
Wholesale trade 19 3.8%
Transportation and warehousing 19 3.8%
Professional, scientific, and technical services 15 3.0%
Manufacturing 11 2.2%
Educational services 10 2.0%
Information 8 1.6%
Arts, entertainment, and recreation 5 1.0%

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 50702 vs 50707 →

ZIP 50702 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 50702 ranks #2 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 50702 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 50702 ranks #6 of 8 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
50707 Evansdale, IA 8,509 2.3 mi
50701 Waterloo, IA 30,324 3.2 mi
50667 Raymond, IA 795 4.5 mi
50703 Waterloo, IA 19,863 6.5 mi
50634 Gilbertville, IA 713 5.6 mi
50651 La Porte City, IA 3,578 11.3 mi
50626 Dunkerton, IA 1,804 11.0 mi

More ZIP Codes in Black Hawk County

50613 standard
Cedar Falls, IA
Pop: 42,031
50701 standard
Waterloo, IA
Pop: 30,324
50703 standard
Waterloo, IA
Pop: 19,863
50707 standard
Evansdale, IA
Pop: 8,509
50651 standard
La Porte City, IA
Pop: 3,578
50643 standard
Hudson, IA
Pop: 2,747

Related Areas

Black Hawk County Waterloo, IA Iowa

Frequently Asked Questions

What county is ZIP code 50702 in? ▼
ZIP code 50702 (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 50702? ▼
ZIP code 50702 in Waterloo, IA has a population of 19,970 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 50702? ▼
The median household income in ZIP 50702 is $62,021, which is 19% below the national average of $76,288.
What is the average home value in ZIP 50702? ▼
The median home value in ZIP 50702 is $150,500, which is 46% below the national average of $278,155.
What is the demographic makeup of ZIP 50702? ▼
The largest racial group in ZIP 50702 is White at 68.8%. Hispanic or Latino residents make up 9.2% of the population.
How many businesses are in ZIP code 50702? ▼
ZIP code 50702 has 495 business establishments employing approximately 9,513 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 50702? ▼
The top industries by establishment count in ZIP 50702 are: Retail trade (112), Health care and social assistance (77), Accommodation and food services (59). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 50702? ▼
According to the FHFA House Price Index, home values in ZIP 50702 increased by 4.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 114%. 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 50702? ▼
In ZIP code 50702, 57.0% of residents aged 25+ have a high school diploma or higher, and 21.5% 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 50702? ▼
The mean commute time for workers in ZIP code 50702 is 16.9 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 50702? ▼
In ZIP code 50702, approximately 61.2% of occupied housing units are owner-occupied and 38.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 50702? ▼
The poverty rate in ZIP code 50702 is 13.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Waterloo, IA

Verify and explore additional data for this area using these official government sources.

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

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