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Milo city, IA

ZIP 50166 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50166

Median Home Value
$235,700
Median Rent
$754
Affordability Snapshot
$65,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,514/mo PITI).

8%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.0 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 50166 in Milo city, IA, a household would need roughly $65,000 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 $1,514. That sits below the local median household income ($107,550), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
93.3%+43% vs US avg
x
Vacancy Rate
1.4%-87% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
6.0%-60% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
29.9%-22% vs US avg
x
$235,700
Home Value
$754
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached96.1%
  • 1-unit attached0.0%
  • 2-9 units2.2%
  • 10+ units0.0%
  • Mobile home & other1.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$235,700
Median rent$754
Owner-occupied93.3%
Vacant1.4%
Price-to-income2.2x
Est. income to buy$65,000