Zip Code
50162
City
Melbourne, IA
Population & Migration
What is the forecasted population for Zip code 50162 Melbourne, IA?
- Population census 2020
- 1,246
- Forecasted population 2025
- 1,192
- -0.04% vs. 2020
- Forecasted population 2030
- 1,212
- -0.03% vs. 2020
Zip code 50162 Melbourne, IA population is forecasted to decrease -0.04% by 2025 (-9.0 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,192 people for 2025 zip code 50162 Melbourne, IA will generate a good demand for housing, which is expected to have an excess of -16 houses for 2030. Vacancy rate is 9.0 points below national US average.
- Total homes available 2020
- 604
- Estimated total home demand in 2030
- 587
- Total homes balance inventory
- -16
Average Household Income in zip code 50162 Melbourne, IA
from Internal Revenue Service
- Average household income in 2021
- $87,105
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 50162 Melbourne, IA?
County total number of drinking water violations
5
-98%
244
County total number of drinking water contaminations
5
-79%
24
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