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Frederika city, IA

ZIP 50631 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50631

Median Home Value
$100,500
Median Rent
N/A
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$646/mo PITI).

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 50631 in Frederika city, IA, a household would need roughly $28,000 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 $646. That sits below the local median household income ($47,813), 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 22% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (22% built before 1939)

Owner Occupied
89.0%+36% vs US avg
x
Vacancy Rate
21.6%+109% vs US avg
x
Broadband Access
91.2%+5% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
22.4%+75% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
43.2%+13% vs US avg
x
$100,500
Home Value
N/A
Rent
1951
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached96.6%
  • 1-unit attached0.0%
  • 2-9 units3.4%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$100,500
Median rent$-666,666,666
Owner-occupied89.0%
Vacant21.6%
Price-to-income2.1x
Est. income to buy$28,000