PlainZIP

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 a sparsely populated ZIP (a standard USPS delivery area) in Grant, Montgomery County, Iowa, home to just 87 residents across 0.8 square miles, a density of 104 people per square mile, in the Chicago time zone.

ZIP 50847 reports a modest median household income of $68,125 (11% below the Iowa average), while per-capita income is $42,883. 14.3% of residents live below the poverty line, and the unemployment rate reads 0.0%. Housing costs here run $40,000 for a typical home value (77% below the state average), with rent averaging - a month; 95.2% of homes are owner-occupied.

Formal educational attainment runs low here: just 10.0% of adults hold a bachelor's degree or higher, the median age is 59.5, and the average commute is -. To put 50847 in local context, 3 ZIP codes within roughly 10 miles appear further down this page alongside 3 additional ZIPs in Montgomery County, for a geography-aware comparison.

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 50847, Grant, 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

87

Population

0.8

Area (sq mi)

104

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 50847?

59.5

Median Age

48.6%

Male

51.4%

Female

0.0%

Foreign-Born

White 100.0%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 0.0%
Hispanic or Latino 0.0%

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

Grant, IA 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

$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 60.0%
Bachelor's Degree or Higher 10.0%

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

Owner 95.2%
Renter 4.8%

$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.

residents

What this shows Among its immediate neighbors, ZIP 50847 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 50847 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 50847 ranks #2 of 4 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
51532 Elliott, IA 622 6.8 mi
50843 Cumberland, IA 596 8.3 mi
51535 Griswold, IA 1,923 9.6 mi

More ZIP Codes in Montgomery County

51566 standard
Red Oak, IA
Pop: 7,035
51573 standard
Stanton, IA
Pop: 1,093
51532 standard
Elliott, IA
Pop: 622

Related Areas

Montgomery County Grant, IA Iowa

Frequently Asked Questions

What county is ZIP code 50847 in? ▼
ZIP code 50847 (Grant) is located in Montgomery County, Iowa. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-ia.
What is the population of ZIP code 50847? ▼
ZIP code 50847 in Grant, IA has a population of 87 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 50847? ▼
The median household income in ZIP 50847 is $68,125, which is 11% below the national average of $76,288.
What is the average home value in ZIP 50847? ▼
The median home value in ZIP 50847 is $40,000, which is 86% below the national average of $278,155.
What is the demographic makeup of ZIP 50847? ▼
The largest racial group in ZIP 50847 is White at 100.0%.
What is the education level in ZIP code 50847? ▼
In ZIP code 50847, 60.0% of residents aged 25+ have a high school diploma or higher, and 10.0% 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 50847? ▼
In ZIP code 50847, approximately 95.2% of occupied housing units are owner-occupied and 4.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 50847? ▼
The poverty rate in ZIP code 50847 is 14.3% 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.