51016 Zip Code

April 19, 2024

Zip Code:	51016
City/Town:	Correctionvle
State:	Iowa

Population:	1,378
Per Capita Income:	$20,091
Mean Household Income:	$48,214

Total Housing Units:	561
Median Home Value:	$53,500
Median Year Homes Built:	1941

Land Area:	101.3 sq miles 262.4 sq kilometers
Water Area:	0.2 sq miles 0.5 sq kilometers

Population Information (51016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,378

Male:

708

51.4%

49.2%

Female:

670

48.6%

50.8%

Median Age:

45.3 yrs

37.2 yrs

Under 5 years:

5.7%

6.5%

5 to 9 years:

6.8%

6.6%

10 to 19 years:

173

12.6%

13.8%

20 to 29 years:

126

9.1%

13.8%

30 to 39 years:

157

11.4%

13.0%

40 to 49 years:

159

11.5%

14.2%

50 to 59 years:

226

16.4%

13.6%

60 to 69 years:

175

12.7%

9.4%

70 to 79 years:

6.5%

5.4%

80 years and over:

107

7.8%

3.7%

Housing Information (51016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$53,500

$119,600

Median year homes build:

1941

1971

Median real estate taxes:

$477 / yr.

$1,334 / yr.

Median rent:

$232 / mo.

$519 / mo.

Total households:

561

Family households:

374

66.7%

66.4%

Nonfamily households:

187

33.3%

33.6%

Households with individuals under 18 years:

157

28.0%

33.4%

Households with individuals 65 years and over:

167

29.8%

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

644

Occupied housing units:

561

87.1%

88.6%

Vacant housing units:

12.9%

11.4%

For rent:

1.7%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

0.9%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

1.6%

3.5%

All other vacants:

8.2%

2.8%

Homeowner vacancy rate:

1.3%

2.4%

Rental vacancy rate:

9.9%

9.2%

Owner-occupied housing units:

461

Population in owner-occupied housing units:

1,111

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

100

Population in renter-occupied housing units:

227

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (51016 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

971

Less than 9th grade:

7.5%

6.2%

9th to 12th grade, no diploma:

9.7%

8.7%

High school graduate (includes equivalency):

477

49.1%

29.0%

Some college, no degree:

170

17.5%

20.6%

Associate degree:

4.8%

7.5%

Bachelor's degree:

9.1%

17.6%

Graduate or professional degree:

2.3%

10.3%

Percent high school graduate or higher:

82.8%

85.0%

Percent bachelor's degree or higher:

11.3%

27.9%

Income Information (51016 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:

517

37.5%

50.4%

Median income:

$24,899 / yr.

$27,932 / yr.

Full-time, year-round workers:

253

18.4%

59.7%

Median income:

$29,688 / yr.

$38,349 / yr.

Females 15 years and over with income:

535

38.8%

49.6%

Median income:

$12,201 / yr.

$16,327 / yr.

Full-time, year-round workers:

165

12.0%

40.3%

Median income:

$22,891 / yr.

$28,135 / yr.

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