50130, Jewell, IA

Jewell, IA is located in the 50130 zip code. According to the 2010 census, Jewell has a population of 1,811. The median household income in Jewell is $61,927 and the median family income is $68,531. The percentage of families living below the poverty line in Jewell is 2%.

The home equity and home prices in Jewell are very high compared to other zip codes in Iowa. In 2010, the median home value in Jewell was $187,000. This was more than twice the median home value of $59,000 for all of Iowa. The average home value in Iowa was $146,500 that year.

The high home values may be due to several factors. First, Jewell is located near several major cities (Des Moines and Omaha) which may have increased demand for homes. Second, Jewell has a relatively low rate of unemployment (3%) which may have led to higher demand for homes by people who are looking for stable jobs. Finally, Jewell has a low rate of foreclosure filings (0%) which may indicate that there are few opportunities for people to lose their homes quickly in this area.

Despite the high home values, it appears that most homeowners in Jewell are able to maintain their homes despite fluctuations in the market place. In 2010-2011 alone (the most recent data available), there were only six foreclosures filed within the 50130 zip code – an extremely low rate when compared with other areas of Iowa (where foreclosure rates can be as high as 10%). This indicates that homeownership rates are likely above average within Jewell and that there is strong demand for housing here relative to other areas of Iowa.