50041, Bradford, IA

The 50041 zip code of Bradford, IA is located in the southeastern part of the state and has a population of about 20,000. The median household income in this zip code is $60,000, and the median home value is $163,500. The percentage of homes that are owned by their occupants is about 78%, which is lower than the statewide average of 83%. About 22% of homes in this zip code are vacant, which is higher than the statewide average of 15%.

There has been a recent increase in home equity and home prices in Bradford over the past few years. The median home value increased by 8.5% from 2013 to 2014 and by 10% from 2014 to 2015. This trend appears to be continuing into 2016 as the median home value increased by 5.8% from January to February 2016 compared to January to February 2015. This increase can likely be attributed to an overall increase in housing prices across Iowa as well as an influx of new residents into Bradford who are likely purchasing homes at a higher price than those who have been living here for awhile.