50435, Floyd, IA

The 50435 zip code of Floyd, IA is located in the northwest corner of Floyd County and has a population of just over 2,000. The median household income in this zip code is just over $60,000, which is considerably higher than the statewide median household income of $53,046. However, despite this high median income, home prices in this zip code are much lower than the statewide average home price of $177,500. This discrepancy can be largely attributed to the fact that Floyd County is one of Iowa’s most rural counties and has a low population density.

According to data from Zillow®, the average home value in Floyd County was $144,200 as of September 2017. This represents a decrease of almost 10% from the peak home value recorded in June 2007 when the average home value was $158,100. In comparison, Iowa’s statewide average home value increased by almost 12% between September 2017 and June 2007.

Despite these fluctuations in home values over time, it is important to keep in mind that there are still many homeowners who have seen their homes increase in value since they purchased them. Additionally, while prices may be lower than statewide averages within Floyd County, it should also be noted that this area has a much lower population density than larger cities such as Des Moines or Cedar Rapids which can lead to greater appreciation potential for homes here compared to those areas.