Iowa

Union County

ZIP 50861

12,038 residents2 permits TTM$56,813 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$117,800

ACS 5-Year

Cap rate proxy

7.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.4%

HUD FMR ÷ ACS HHI

Net migration

+0.89%

IRS SOI

Permits (TTM)

2

Census BPS

Climate risk

49.5

FEMA NRI (0–100)

ZIP 50861

Median home value

$117,800

Gross yield

9.4%

Cap rate

7.0%

Rent gap

25.7%

Affordability

P/I: 2.1R/I:

Section 8 detail

SAFMR: $919Rent: $683Gap: 34.6%
ZIP code breakdown6 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
50254$117,800county est.$9199.4%7.0%25.7%
50801$147,537$9197.5%5.6%25.7%
50830$184,473$9196.0%4.4%25.7%
50831$117,800county est.$9199.4%7.0%25.7%
50842$117,800county est.$9199.4%7.0%25.7%

Ranked by composite score

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Demographics

Owner-occupied

72.1%

Census ACS

Vacancy rate

12.7%

Census ACS

Bachelor's degree +

24.1%

Census ACS

Rent burdened

31.2%

Census ACS (>30% income)

Median age

40.6

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