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Dike city, IA

ZIP 50624 — 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 50624

Median Home Value
$243,500
Median Rent
$653
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,564/mo PITI).

8%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.1 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 50624 in Dike city, IA, a household would need roughly $67,000 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 $1,564. That sits below the local median household income ($93,333), 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
90.3%+38% vs US avg
x
Vacancy Rate
4.6%-56% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
11.0%-26% vs US avg
x
Built Pre-1939
1.1%-92% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
19.7%-60% vs US avg
x
Mortgage-Free
37.2%-3% vs US avg
x
$243,500
Home Value
$653
Rent
1974
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 detached81.1%
  • 1-unit attached5.0%
  • 2-9 units12.5%
  • 10+ units1.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$243,500
Median rent$653
Owner-occupied90.3%
Vacant4.6%
Price-to-income2.6x
Est. income to buy$67,000