50652, Lincoln, IA

The 50652 zip code of Lincoln, IA is located in the eastern part of the state and has a population of about 25,000. The median household income in this zip code is about $60,000, which is lower than the statewide median household income of $72,500. The percentage of households that are renters is higher than the statewide percentage of renters at about 37%.

The average home value in this zip code is about $160,000 which is lower than the statewide average home value of $214,500. The percentage of homes that are owner-occupied is higher than the statewide percentage of owner-occupied homes at about 63%. About 28% of households in this zip code have a mortgage and 69% have a home equity loan. This compares to the statewide percentages of homeownership at about 63% and 34%, respectively.

There are several factors that may be contributing to the lower home values in this zip code compared to other parts of Iowa. One reason may be that there are fewer homes available for sale compared to other parts of Iowa. Another reason may be that there are more homes being sold for less money compared to other parts of Iowa. Additionally, it may be difficult for buyers who do not have a good credit history or who do not have enough money down on their house to purchase a house in this zip code.