Grant, IA · standard
ZIP Code 50847
Montgomery County, Iowa — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 87
- 104/sq mi
- $68,125
- Median income
- $40,000
- Median home value
- 10.0%
- Bachelor's or higher
The verdict
Grant pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 44th pct
- household income, US ZIPs
- 0th pct
- home value, US ZIPs
- 104
- people per sq mi
- 95%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 50847 against every reporting US ZIP.
ZIP code 50847 is classified by USPS as a standard delivery area and covers roughly 0.8 square miles in Grant, Montgomery County, Iowa. The area is home to 87 residents, producing a population density of 104 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 50847 against Iowa and the nation.
On the economic side, the median household income for ZIP 50847 sits at $68,125 (11% below the Iowa average), while per-capita income is $42,883. The poverty rate stands at 14.3% and the unemployment rate at 0.0%. On housing, the median home value is $40,000 (77% below the state average) with median rent at — per month, and 95.2% of occupied units are owner-occupied, a direct signal of whether 50847 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 10.0% of adults hold a bachelor's degree or higher, the median age is 59.5, and the average commute is —. We also surface 3 nearby ZIP codes within roughly 10 miles and 3 additional ZIPs sharing Montgomery County, so you can benchmark 50847 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 →
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 50847, Grant, 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
87
Population
0.8
Area (sq mi)
104
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 50847?
59.5
Median Age
48.6%
Male
51.4%
Female
0.0%
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?
$68,125
Median Household Income
-11% vs state
$42,883
Per Capita Income
14.3%
Poverty Rate
0.0%
Unemployment Rate
How ZIP 50847 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$68,125 44th percentile higher than 44% 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?
21
Total Housing Units
21
Occupied Units
0
Vacant Units
1.67
Avg Household Size
Occupancy Type
$40,000
Median Home Value
-77% vs state
1955
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Nearby ZIP Codes
Want a side-by-side? Compare 50847 vs 51532 →
ZIP 50847 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 51535
Griswold (51535)
1,923 residents
- 51532 622
Elliott (51532)
622 residents
- 50843 596
Cumberland (50843)
596 residents
- 50847 87
Grant (50847)
87 residents
What this shows Among its immediate neighbors, ZIP 50847 ranks #4 by population — useful context the national average alone can't give.
ZIP 50847 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 51535
Griswold (51535)
$76,371 median income
- 50847
Grant (50847)
$68,125 median income
- 51532
Elliott (51532)
$65,375 median income
- 50843
Cumberland (50843)
$56,125 median income
What this shows By household income, ZIP 50847 ranks #2 of 4 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Montgomery County
Related Areas
Frequently Asked Questions
What county is ZIP code 50847 in? ▼
What is the population of ZIP code 50847? ▼
What is the median household income in ZIP 50847? ▼
What is the average home value in ZIP 50847? ▼
What is the demographic makeup of ZIP 50847? ▼
What is the education level in ZIP code 50847? ▼
What percentage of residents own vs. rent in ZIP 50847? ▼
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ZIP Code Research Guides
Official Data Resources for Grant, 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.