Iowa

Franklin County

ZIP 50227

9,977 residents9 permits TTM$63,648 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$118,500

ACS 5-Year

Cap rate proxy

6.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.2%

HUD FMR ÷ ACS HHI

Net migration

+0.93%

IRS SOI

Permits (TTM)

9

Census BPS

Climate risk

21.9

FEMA NRI (0–100)

ZIP 50227

Median home value

$118,500

Gross yield

9.3%

Buy Box score

Section 8 gap

Affordability

P/I: 1.9R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown11 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
50601$118,500$9199.3%0.7
50441$118,500$9199.3%0.7
50475$118,500$9199.3%0.5
50041$118,500$9199.3%
50227$118,500$9199.3%
50420$118,500$9199.3%
50427$118,500$9199.3%
50431$118,500$9199.3%
50452$118,500$9199.3%
50605$118,500$9199.3%
50633$118,500$9199.3%

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

72.5%

Census ACS

Vacancy rate

12.3%

Census ACS

Bachelor's degree +

18.2%

Census ACS

Rent burdened

28.1%

Census ACS (>30% income)

Median age

41.9

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026