51240 Zip Code

April 19, 2024

Zip Code:	51240
City/Town:	Inwood
State:	Iowa

Population:	1,746
Per Capita Income:	$17,034
Mean Household Income:	$44,422

Total Housing Units:	645
Median Home Value:	$72,300
Median Year Homes Built:	1944

Land Area:	101.5 sq miles 262.9 sq kilometers
Water Area:	0.1 sq miles 0.3 sq kilometers

Population Information (51240 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,746

Male:

902

51.7%

49.2%

Female:

844

48.3%

50.8%

Median Age:

37.0 yrs

37.2 yrs

Under 5 years:

160

9.2%

6.5%

5 to 9 years:

128

6.2%

6.6%

10 to 19 years:

248

14.2%

13.8%

20 to 29 years:

186

10.7%

13.8%

30 to 39 years:

208

11.9%

13.0%

40 to 49 years:

197

11.3%

14.2%

50 to 59 years:

238

13.6%

60 to 69 years:

151

8.6%

9.4%

70 to 79 years:

117

6.7%

5.4%

80 years and over:

113

6.5%

3.7%

Housing Information (51240 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$72,300

$119,600

Median year homes build:

1944

1971

Median real estate taxes:

$613 / yr.

$1,334 / yr.

Median rent:

$279 / mo.

$519 / mo.

Total households:

645

Family households:

491

76.1%

66.4%

Nonfamily households:

154

23.9%

33.6%

Households with individuals under 18 years:

226

35.0%

33.4%

Households with individuals 65 years and over:

176

27.3%

24.9%

Average household size:

2.7

Average family size:

3.1

Total housing units:

696

Occupied housing units:

645

92.7%

88.6%

Vacant housing units:

7.3%

11.4%

For rent:

1.1%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.4%

Sold, not occupied:

1.0%

0.3%

For seasonal, recreational, or occasional use:

0.6%

3.5%

All other vacants:

3.0%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

6.8%

9.2%

Owner-occupied housing units:

536

Population in owner-occupied housing units:

1,425

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

109

Population in renter-occupied housing units:

287

Average household size of renter-occupied units:

2.6

2.44

Educational Attainment (51240 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,061

Less than 9th grade:

125

11.8%

6.2%

9th to 12th grade, no diploma:

7.7%

8.7%

High school graduate (includes equivalency):

404

38.1%

29.0%

Some college, no degree:

228

21.5%

20.6%

Associate degree:

105

9.9%

7.5%

Bachelor's degree:

8.6%

17.6%

Graduate or professional degree:

2.5%

10.3%

Percent high school graduate or higher:

80.5%

85.0%

Percent bachelor's degree or higher:

11.0%

27.9%

Income Information (51240 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:

651

37.3%

50.4%

Median income:

$21,054 / yr.

$27,932 / yr.

Full-time, year-round workers:

350

20.0%

59.7%

Median income:

$29,500 / yr.

$38,349 / yr.

Females 15 years and over with income:

617

35.3%

49.6%

Median income:

$12,484 / yr.

$16,327 / yr.

Full-time, year-round workers:

180

10.3%

40.3%

Median income:

$19,375 / yr.

$28,135 / yr.

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