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Lakota city, IA

ZIP 50451 — 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 50451

Median Home Value
$53,400
Median Rent
$765
Affordability Snapshot
$15,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$343/mo PITI).

13%
Rent-to-Income Ratio

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

0.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

5.8 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 50451 in Lakota city, IA, a household would need roughly $15,000 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 $343. That sits below the local median household income ($72,500), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
82.0%+25% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
74.2%-15% vs US avg
x
4+ Bedrooms
0.7%-95% vs US avg
x
Built Pre-1939
11.0%-14% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
2.2%-96% vs US avg
x
Mortgage-Free
73.8%+93% vs US avg
x
$53,400
Home Value
$765
Rent
1943
Year Built
1999
Moved In

Residents have lived here since ~1999 on average

Housing Structure

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

  • 1-unit detached89.7%
  • 1-unit attached0.0%
  • 2-9 units2.6%
  • 10+ units7.7%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$53,400
Median rent$765
Owner-occupied82.0%
Vacant6.2%
Price-to-income0.7x
Est. income to buy$15,000