50542 Zip Code (Goldfield, IA) Detailed Profile

Estimated zip code population in 2022: 952
Zip code population in 2010: 933
Zip code population in 2000: 1,033

Houses and condos: 479
Renter-occupied apartments: 49
March 2022 cost of living index in zip code 50542: 82.2 (low, U.S. average is 100)

Land area: 66.7 sq. mi.
Water area: 0.0 sq. mi.

Population density: 14 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,660 (1.5%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,494 (1.4%)

For population 25 years and over in 50542:

• High school or higher: 92.4%
• Bachelor's degree or higher: 21.8%
• Graduate or professional degree: 2.4%
• Unemployed: 4.0%
• Mean travel time to work (commute): 19.6 minutes

For population 15 years and over in 50542:

• Never married: 26.5%
• Now married: 63.7%
• Separated: 0.0%
• Widowed: 5.7%
• Divorced: 4.1%

• 
• • 90795.3%White
  • 212.2%Two or more races
  • 181.9%Hispanic or Latino
  • 50.5%Some other race
  • 10.1%American Indian

100% rural population.

Averages for the 2020 tax year for zip code 50542, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $61,449 (Individual Income Tax Returns)

Here:	$61,449
State:	$71,087

Salary/wage: $48,730 (reported on 76.7% of returns)

Here:	$48,730
State:	$57,361

(% of AGI for various income ranges: 1081.1% for AGIs below $25k, 3511.2% for AGIs $25k-50k, 6445.0% for AGIs $50k-75k, 10153.3% for AGIs $75k-100k, 26930.0% for AGIs $100k-200k)

Taxable interest for individuals: $879 (reported on 32.6% of returns)

This zip code:	$879
Iowa:	$1,633

(% of AGI for various income ranges: 7.8% for AGIs below $25k, 38.8% for AGIs $25k-50k, 33.3% for AGIs $50k-75k, 46.7% for AGIs $75k-100k, 255.0% for AGIs $100k-200k)

Ordinary dividends: $2,271 (reported on 16.3% of returns)

Here:	$2,271
State:	$5,432

(% of AGI for various income ranges: 75.0% for AGIs $25k-50k, 330.0% for AGIs $75k-100k)

Net capital gain/loss in AGI: +$14,288 (reported on 18.6% of returns)

Here:	+$14,288
State:	+$15,243

(% of AGI for various income ranges: 44.4% for AGIs below $25k, 6.7% for AGIs $50k-75k, 5495.0% for AGIs $100k-200k)

Profit/loss from business: +$8,650 (reported on 14.0% of returns)

Here:	+$8,650
State:	+$11,763

(% of AGI for various income ranges: 333.8% for AGIs $25k-50k, 840.0% for AGIs $75k-100k)

Taxable individual retirement arrangement distribution: $12,200 (reported on 9.3% of returns)

50542:	$12,200
Iowa:	$17,324

(% of AGI for various income ranges: 813.3% for AGIs $50k-75k)

Earned income credit: $2,350 (reported on 14.0% of returns)

Here:	$2,350
State:	$2,195

(% of AGI for various income ranges: 92.2% for AGIs below $25k, 72.5% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 93.0%

Here:	93%
State:	95%

(% for various income ranges: 84.6% for AGIs below $25k, 100.0% for AGIs $25k-50k, 88.9% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 50542, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $53,852 (Individual Income Tax Returns)

Here:	$53,852
State:	$58,860

Salary/wage: $38,708 (reported on 81.8% of returns)

Here:	$38,708
State:	$46,659

(% of AGI for various income ranges: 74.4% for AGIs below $25k, 75.1% for AGIs $25k-50k, 71.5% for AGIs $50k-75k, 69.4% for AGIs $75k-100k, 36.6% for AGIs $100k-200k)

Taxable interest for individuals: $820 (reported on 34.1% of returns)

This zip code:	$820
Iowa:	$1,537

(% of AGI for various income ranges: 0.4% for AGIs below $25k, 0.3% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.9% for AGIs $100k-200k)

Ordinary dividends: $2,480 (reported on 22.7% of returns)

Here:	$2,480
State:	$4,542

(% of AGI for various income ranges: 1.2% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 1.8% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$862 (reported on 18.2% of returns)

Here:	+$862
State:	+$11,802

(% of AGI for various income ranges: 0.9% for AGIs $50k-75k, 0.7% for AGIs $100k-200k)

Profit/loss from business: +$4,662 (reported on 18.2% of returns)

Here:	+$4,662
State:	+$10,509

Taxable individual retirement arrangement distribution: $6,833 (reported on 6.8% of returns)

50542:	$6,833
Iowa:	$11,773

Total itemized deductions: $22,290 (21% of AGI, reported on 22.7% of returns)

Here:	$22,290
State:	$21,278

Here:	21.2% of AGI
State:	18.9% of AGI

(% of AGI for various income ranges: 11.5% for AGIs $25k-50k, 10.3% for AGIs $50k-75k, 8.4% for AGIs $75k-100k, 10.7% for AGIs $100k-200k)

Charity contributions: $3,722 (reported on 20.5% of returns)

Here:	$3,722
State:	$4,044

(% of AGI for various income ranges: 3.2% for AGIs below $25k, 3.1% for AGIs $50k-75k, 1.8% for AGIs $100k-200k)

Taxes paid: $7,240 (reported on 22.7% of returns)

50542:	$7,240
State:	$8,846

(% of AGI for various income ranges: 2.2% for AGIs $25k-50k, 2.1% for AGIs $50k-75k, 2.3% for AGIs $75k-100k, 4.9% for AGIs $100k-200k)

Earned income credit: $1,957 (reported on 15.9% of returns)

Here:	$1,957
State:	$2,098

(% of AGI for various income ranges: 4.9% for AGIs below $25k, 1.2% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 75.0%

Here:	75%
State:	65%

(% for various income ranges: 62.5% for AGIs below $25k, 72.7% for AGIs $25k-50k, 83.3% for AGIs $50k-75k, 83.3% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 50542, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $36,549 (Individual Income Tax Returns)

Here:	$36,549
State:	$43,875

Salary/wage: $30,022 (reported on 82.1% of returns)

Here:	$30,022
State:	$38,265

(% of AGI for various income ranges: 110.6% for AGIs below $10k, 65.3% for AGIs $10k-25k, 76.2% for AGIs $25k-50k, 73.5% for AGIs $50k-75k, 65.6% for AGIs $75k-100k, 39.4% for AGIs over 100k)

Taxable interest for individuals: $1,332 (reported on 44.0% of returns)

This zip code:	$1,332
Iowa:	$1,768

(% of AGI for various income ranges: 2.1% for AGIs below $10k, 4.1% for AGIs $10k-25k, 1.1% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 1.5% for AGIs $75k-100k, 1.0% for AGIs over 100k)

Taxable dividends: $1,569 (reported on 25.7% of returns)

Here:	$1,569
State:	$2,510

(% of AGI for various income ranges: 0.7% for AGIs below $10k, 1.3% for AGIs $10k-25k, 0.5% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 3.6% for AGIs $75k-100k)

Net capital gain/loss: +$2,425 (reported on 19.2% of returns)

Here:	+$2,425
State:	+$6,139

(% of AGI for various income ranges: 0.2% for AGIs $10k-25k, -0.4% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 8.0% for AGIs $75k-100k)

Profit/loss from business: +$854 (reported on 18.1% of returns)

Here:	+$854
State:	+$8,574

(% of AGI for various income ranges: 3.3% for AGIs below $10k, 2.7% for AGIs $10k-25k, 0.0% for AGIs $25k-50k, -1.0% for AGIs $50k-75k, 1.5% for AGIs $75k-100k)

IRA payment deduction: $2,385 (reported on 2.9% of returns)

50542:	$2,385
Iowa:	$2,970

Total itemized deductions: $17,019 (27% of AGI, reported on 23.5% of returns)

Here:	$17,019
State:	$16,976

Here:	26.9% of AGI
State:	20.8% of AGI

(% of AGI for various income ranges: 20.3% for AGIs $10k-25k, 7.2% for AGIs $25k-50k, 8.1% for AGIs $50k-75k, 11.6% for AGIs $75k-100k, 15.4% for AGIs over 100k)

Charity contributions deductions: $2,688 (4% of AGI, reported on 20.6% of returns)

Here:	$2,688
State:	$3,089

Here:	4.1% of AGI
State:	3.6% of AGI

(% of AGI for various income ranges: 1.9% for AGIs $10k-25k, 1.1% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 2.1% for AGIs over 100k)

Total tax: $4,431 (reported on 75.4% of returns)

50542:	$4,431
State:	$6,177

(% of AGI for various income ranges: 3.1% for AGIs below $10k, 4.2% for AGIs $10k-25k, 6.2% for AGIs $25k-50k, 8.9% for AGIs $50k-75k, 13.4% for AGIs $75k-100k, 15.3% for AGIs over 100k)

Earned income credit: $1,477 (reported on 14.4% of returns)

Here:	$1,477
State:	$1,540

Percentage of individuals using paid preparers for their 2004 taxes: 79.2%

Here:	79%
State:	70%

(% for various income ranges: 68.1% for AGIs below $10k, 79.2% for AGIs $10k-25k, 81.2% for AGIs $25k-50k, 86.8% for AGIs $50k-75k, 90.0% for AGIs $75k-100k, 73.3% for AGIs over 100k)

Nearest zip codes: 50577, 50533, 50545, 50591, 50430, 50525.
Goldfield Zip Code Map

No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 25
Household did not receive Food Stamps/SNAP in the past 12 months: 393

Women who did not have a birth in the past 12 months: 204 (117 now married, 86 unmarried)

Housing units in zip code 50542 with a mortgage: 175 (4 second mortgage, 4 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $911
Median monthly owner costs for units without a mortgage: $433

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 50542 household income distribution in 2022

• 6Less than $10,000
• 17$10,000 to $14,999
• 7$15,000 to $19,999
• 23$20,000 to $24,999
• 9$25,000 to $29,999
• 31$30,000 to $34,999
• 31$35,000 to $39,999
• 36$40,000 to $44,999
• 16$45,000 to $49,999
• 31$50,000 to $59,999
• 56$60,000 to $74,999
• 31$75,000 to $99,999
• 29$100,000 to $124,999
• 41$125,000 to $149,999
• 37$150,000 to $199,999
• 12$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 50542

• 5Less than $10,000
• 1$10,000 to $14,999
• 5$20,000 to $24,999
• 18$25,000 to $29,999
• 23$35,000 to $39,999
• 14$40,000 to $49,999
• 15$50,000 to $59,999
• 9$60,000 to $69,999
• 41$70,000 to $79,999
• 18$80,000 to $89,999
• 13$90,000 to $99,999
• 38$100,000 to $124,999
• 13$125,000 to $149,999
• 42$150,000 to $174,999
• 25$175,000 to $199,999
• 22$200,000 to $249,999
• 27$250,000 to $299,999
• 11$300,000 to $399,999
• 2$750,000 to $999,999

• Rent paid by renters in 2022 in zip code 50542

• 1$150 to $199
• 2$200 to $249
• 5$400 to $449
• 4$550 to $599
• 5$600 to $649
• 7$700 to $749
• 1$750 to $799
• 16$800 to $899
• 6No cash rent

Median gross rent in 2022: $801.

Median price asked for vacant for-sale houses and condos in 2022: $179,598.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $103,657
• Hispanic or Latino householders: $49,835

Estimated median house or condo value in 2022: $109,195 Lower value quartile - upper value quartile: $63,156 - $189,790

Mean price in 2022:

Detached houses: $133,499

Here:	$133,499
State:	$245,224

Housing units in structures:

• One, detached: 442
• 3 or 4: 19
• 5 to 9: 9
• 10 to 19: 5

Unemployment: 4.0%

• Means of transportation to work in zip code 50542

• 84.2%403Drove a car alone
• 4.8%23Carpooled
• 1.0%5Motorcycle
• 1.0%5Walked
• 7.1%34Worked at home

• Travel time to work (commute) in zip code 50542

• 70Less than 5 minutes
• 375 to 9 minutes
• 11910 to 14 minutes
• 10115 to 19 minutes
• 1320 to 24 minutes
• 1125 to 29 minutes
• 1330 to 34 minutes
• 2735 to 39 minutes
• 1640 to 44 minutes
• 845 to 59 minutes
• 760 to 89 minutes
• 1890 or more minutes

Percentage of zip code residents living and working in this county: 77.0%

Household type by relationship:

Households: 952

• Male householders: 243 (45 living alone), Female householders: 175 (52 living alone)

• 263 spouses (263 opposite-sex spouses), 32 unmarried partners, (32 opposite-sex unmarried partners), 220 children (205 natural, 9 adopted, 5 stepchildren), 5 grandchildren, 1 brothers or sisters, 6 parents, 0 foster children, 9 other relatives, 6 non-relatives

Size of family households: 188 2-persons, 30 3-persons, 23 4-persons, 27 5-persons, 15 6-persons

Size of nonfamily households: 97 1-person, 38 2-persons

138 married couples with children.
0 single-parent households ().

98.2% of residents of 50542 zip code speak English at home.
1.5% of residents speak Spanish at home (93% very well, 7% well).
0.3% of residents speak other Indo-European language at home (100% very well).

Facilities with environmental interests located in this zip code:

• CENTRAL IOWA RENEWABLE ENERGY (415 NORTH LOCUST in GOLDFIELD, IA)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: INDUSTRIAL ORGANIC CHEMICALS
  

• NORTH CENTRAL FS INC (900 N MAIN ST in GOLDFIELD, IA)

  (Resource Conservation and Recovery Act (tracking hazardous waste))
  

• CENTRAL IOWA RENEWABLE ENERGY (INTERSECT OF HWY 3 & DAVIS AVE in GOLDFIELD, IA)

  AIR SYNTHETIC MINOR (AIRS/AFS)
  Business SIC classification: FLOUR AND OTHER GRAIN MILL PRODUCTS; INDUSTRIAL ORGANIC CHEMICALS
  

• DAVES AG CENTER (RR in GOLDFIELD, IA)

  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  

Housing units lacking complete plumbing facilities: 4.8%
Housing units lacking complete kitchen facilities: 1.7%

Population in 1990: 1,148.

Place of birth for U.S.-born residents:

• This state: 780
• Midwest: 96
• South: 15
• West: 48

74% of the 50542 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 65% lived in this county.
   Out of people who lived in different counties, 50% lived in Iowa.

98% of the 50542 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 6% moved from this county.
   Out of people who lived in different houses, 71% moved from different county within same state.
   Out of people who lived in different houses, 18% moved from different state.
   Out of people who lived in different houses, 12% moved from abroad.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 8
Students in private schools in grades 9 to 12 (high school): Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Wholesale Trade: Grain and Field Bean Merchant Wholesalers (20-49 employees: 1 establishment)
• Wholesale Trade: Other Electronic Parts and Equipment Merchant Wholesalers (10-19: 1)
• Information: Wired Telecommunications Carriers (10-19: 1)
• Construction: Commercial and Institutional Building Construction (5-9: 1, 1-4: 1)
• Other Services (except Public Administration): General Automotive Repair (5-9: 1)
• Professional, Scientific, and Technical Services: Veterinary Services (5-9: 1)
• Other Services (except Public Administration): Religious Organizations (1-4: 3)
• Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (1-4: 2)

Most common first names in zip code 50542 among deceased individuals
Name	Count	Lived (average)
George	12	74.7 years
John	9	82.3 years
Donald	7	70.9 years
Ruth	6	76.5 years
Harold	6	73.3 years
William	6	80.0 years
Esther	5	78.6 years
Fred	5	80.6 years
Margaret	5	79.0 years
Mabel	5	87.2 years

Most common last names in zip code 50542 among deceased individuals
Last name	Count	Lived (average)
Nelson	14	80.5 years
Rasmussen	14	84.4 years
Hansen	11	84.1 years
Mccutcheon	10	75.1 years
Reichter	8	79.9 years
Whyte	8	83.8 years
Hanson	7	80.7 years
Larson	6	80.2 years
Anderson	6	81.4 years
Jones	6	80.9 years