52722, Bettendorf, IA

The Bettendorf, IA 52722 zip code has a population of approximately 10,000 people. The median household income in the Bettendorf, IA 52722 zip code is $75,000. The median home value in the Bettendorf, IA 52722 zip code is $183,500.

The Bettendorf, IA 52722 zip code has a high home equity and home prices. According to Zillow’s Home Value Index for ZIP Codes in Iowa (ZHVI), the Bettendorf, IA 52722 zip code has a Zillow Home Value Index of 116. This means that the average home value in this zip code is over $116 thousand dollars. This is significantly higher than the Iowa state average of $101 thousand dollars and much higher than the national average of $130 thousand dollars.

One reason for this high home equity and home prices in the Bettendorf, IA 52722 zip code may be due to its high incomes. According to Census data from 2016, the median household income in this zipcode is $75 thousand dollars. This makes up a significant portion of the overall average home value in this area. Additionally, according to Zillow’s Housing Market Reports for Iowa (ZHMR), homes that are worth more than their list price are more likely to be owned by people with higher incomes. Therefore, it may be that people who live in the Bettendorf, IA 52722 zip code are more likely to have high incomes and therefore have access to greater amounts of money available for their homes investments compared to other areas of Iowa or nationwide.

Another possible explanation for why homes in this area are so expensive is that there is limited housing stock available within this ZIP Code boundaries compared to other areas within Iowa or nationwide. According to NeighborhoodScout’s analysis of recent census data from 2016 (the most recent year available), there are only 2% more housing units located within 1 mile of where residents live in the Bettendorf than there are nationally across all ZIP Codes (there were 18 million housing units nationally). Therefore it may be that there is an increased demand for properties located within these boundaries due to their high quality and desirability as a place to live – which would lead to increased prices when compared with surrounding areas with greater availability of housing stock