Zip Code:
52405 is a Iowa Zip code within the city of Cedar Rapids and the county of Linn County. Its population is roughly 24,848.
Cedar Rapids, Iowa is located in the eastern part of the state and has a population of over 100,000. The 52405 zip code covers a total area of just over 10 square miles and has a median home value of $131,200. Home equity in this zip code is relatively high compared to other areas in Iowa, with nearly 60% of households reporting some level of home equity. This indicates that many Cedar Rapids residents are able to use their home equity to finance other purchases or investments.
Home prices in the 52405 zip code have been increasing at a rate above the statewide average for the past several years. In fact, according to Zillow’s recent report on Iowa housing markets, Cedar Rapids was one of only two metro areas in Iowa where home values increased from 2016 to 2017. This strong market growth is likely due to several factors: low interest rates (which make mortgages more affordable), strong job growth (which leads to more people buying homes), and limited supply (due to zoning restrictions that limit new construction).
While there are some risks associated with investing in homes (such as potential price declines if the economy weakens), overall homeownership appears to be a good long-term investment strategy for most people. In addition, Cedar Rapids residents have access to excellent schools and recreational opportunities – both of which are important factors when deciding where to live – making it an attractive place to call home.
Price Index: Cedar Rapids, IA
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
52402 | 41,531 | 1,162.6 | America/Chicago | 42.02277 | -91.65978 | Cedar Rapids | Linn County | Iowa |
52404 | 40,279 | 282.9 | America/Chicago | 41.92380 | -91.69422 | Cedar Rapids | Linn County | Iowa |
52401 | 2,089 | 680.3 | America/Chicago | 41.97541 | -91.65848 | Cedar Rapids | Linn County | Iowa |