Waterloo-Cedar Falls, IA · Iowa

Black Hawk County

ZIP 50667

130,693 residents367 permits TTM$64,581 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$182,400

ACS 5-Year

Cap rate proxy

6.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.9%

HUD FMR ÷ ACS HHI

Net migration

+0.96%

IRS SOI

Permits (TTM)

367

Census BPS

Climate risk

76.6

FEMA NRI (0–100)

ZIP 50667

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: 3.7R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown12 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
5070311.6%
507077.6%
507027.5%
506136.4%
506236.3%
506346.3%
506676.3%
507015.6%
506515.0%
506265.0%
506484.5%
506434.2%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

65.3%

Census ACS

Vacancy rate

8.5%

Census ACS

Bachelor's degree +

30.1%

Census ACS

Rent burdened

45.8%

Census ACS (>30% income)

Median age

35.7

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