50517 Zip Code

April 16, 2024

Zip Code:	50517
City/Town:	Bancroft
State:	Iowa

Population:	1,051
Per Capita Income:	$18,282
Mean Household Income:	$41,780

Total Housing Units:	442
Median Home Value:	$43,200
Median Year Homes Built:	1954

Land Area:	75.9 sq miles 196.5 sq kilometers
Water Area:	0.6 sq miles 1.7 sq kilometers

Population Information (50517 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,051

Male:

532

50.6%

49.2%

Female:

519

49.4%

50.8%

Median Age:

45.8 yrs

37.2 yrs

Under 5 years:

6.9%

6.5%

5 to 9 years:

5.7%

6.6%

10 to 19 years:

126

12.0%

13.8%

20 to 29 years:

8.8%

13.8%

30 to 39 years:

8.4%

13.0%

40 to 49 years:

120

11.4%

14.2%

50 to 59 years:

169

16.1%

13.6%

60 to 69 years:

103

9.8%

9.4%

70 to 79 years:

106

10.1%

5.4%

80 years and over:

8.8%

3.7%

Housing Information (50517 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$43,200

$119,600

Median year homes build:

1954

1971

Median real estate taxes:

$372 / yr.

$1,334 / yr.

Median rent:

$187 / mo.

$519 / mo.

Total households:

442

Family households:

285

64.5%

66.4%

Nonfamily households:

157

35.5%

33.6%

Households with individuals under 18 years:

116

26.2%

33.4%

Households with individuals 65 years and over:

152

34.4%

24.9%

Average household size:

2.3

Average family size:

2.9

Total housing units:

503

Occupied housing units:

442

87.9%

88.6%

Vacant housing units:

12.1%

11.4%

For rent:

4.0%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.4%

Sold, not occupied:

2.8%

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

3.2%

2.8%

Homeowner vacancy rate:

1.9%

2.4%

Rental vacancy rate:

16.4%

9.2%

Owner-occupied housing units:

340

Population in owner-occupied housing units:

819

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

102

Population in renter-occupied housing units:

203

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (50517 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

838

Less than 9th grade:

6.8%

6.2%

9th to 12th grade, no diploma:

6.8%

8.7%

High school graduate (includes equivalency):

381

45.5%

29.0%

Some college, no degree:

207

24.7%

20.6%

Associate degree:

8.4%

7.5%

Bachelor's degree:

5.5%

17.6%

Graduate or professional degree:

2.4%

10.3%

Percent high school graduate or higher:

86.4%

85.0%

Percent bachelor's degree or higher:

7.9%

27.9%

Income Information (50517 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

396

37.7%

50.4%

Median income:

$26,061 / yr.

$27,932 / yr.

Full-time, year-round workers:

211

20.1%

59.7%

Median income:

$29,886 / yr.

$38,349 / yr.

Females 15 years and over with income:

416

39.6%

49.6%

Median income:

$12,297 / yr.

$16,327 / yr.

Full-time, year-round workers:

125

11.9%

40.3%

Median income:

$20,060 / yr.

$28,135 / yr.

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