Housing market/Iowa/ZIP 50055

ACS 2023 · FY2027 SAFMR

ZIP 50055 Collins, Marshall County, Iowa

Marshall County, IA · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,157
Households
443
Median HH income
$84,875
Renter share
13.5%
Median gross rent
$847
Vacancy
2.2%
Pop. change
+28.1%
2BR SAFMR
$1,040
SAFMR / rent
1.228×
2–49 unit stock
18
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50055 · IA — sent to you.

ZIP 50055 · IA

ACS median rent$847
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 50055

  • 1-unit detached41792.1%
  • 1-unit attached71.5%
  • 2–4 units81.8%
  • 5–49 units102.2%
  • Mobile112.4%
TypeUnitsShare
1-unit detached41792.1%
1-unit attached71.5%
2 units (duplex)61.3%
3–4 units20.4%
5–9 units00.0%
10–19 units102.2%
20–49 units00.0%
50+ units00.0%
Mobile112.4%

2–4 unit share 1.8% · 5–49 unit share 2.2% · combined 2–49 4.0%.

Units by bedrooms

Studio
10
1BR
35
2BR
93
3BR
231
4BR
72
5+
12

Rent burden

Rent ≥30% of income30.0%
Rent ≥50% of income6.7%
  • ACS median gross rent $847 (all bedrooms, occupied rentals).
  • Median contract rent $662.
  • Renters paying ≥30% of income 30.0%; ≥50% 6.7%.
  • FY2027 2BR SAFMR $1,040 (1.228× ACS median gross rent).

Population

1,157 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +28.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 42 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 50055 13.5% of occupied households are renters; vacancy is 2.2%; ACS median gross rent is $847; population increased +28.1% between the 2018 and 2023 ACS vintages; the housing stock includes 8 units in 2–4-unit structures and 10 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $847. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Iowa research

ZIP 50055 is a Census / HUD profile for Marshall County, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 50055?

ZIP 50055 (Marshall County, IA) has 1,157 residents, 443 households, a renter share of 13.5%, median household income of $84,875, and ACS 2023 median gross rent of $847. Vacancy is 2.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50055?

ACS counts 6 units in 2-unit buildings, 2 in 3–4 unit buildings, 0 in 5–9, 10 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 18 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50055?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 50055 — Collins, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50055 is Census / HUD research for Marshall County, IA. Jeff Crowe CRE does not list Iowa property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.