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Lorimor city, IA

ZIP 50149 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50149

Median Home Value
$143,900
Median Rent
$484
Affordability Snapshot
$40,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$924/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50149 in Lorimor city, IA, a household would need roughly $40,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $924. That sits below the local median household income ($68,295), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.5%+20% vs US avg
x
Vacancy Rate
18.6%+80% vs US avg
x
Broadband Access
71.7%-18% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
9.9%-22% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.4%-73% vs US avg
x
Mortgage-Free
54.1%+42% vs US avg
x
$143,900
Home Value
$484
Rent
1942
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.2%
  • 1-unit attached0.5%
  • 2-9 units4.2%
  • 10+ units4.2%
  • Mobile home & other9.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$143,900
Median rent$484
Owner-occupied78.5%
Vacant18.6%
Price-to-income2.1x
Est. income to buy$40,000