Housing market/Iowa/ZIP 50112

ACS 2023 · FY2027 SAFMR

ZIP 50112 Grinnell, Poweshiek County, Iowa

Poweshiek 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
11,776
Households
4,752
Median HH income
$64,707
Renter share
31.2%
Median gross rent
$863
Vacancy
5.3%
Pop. change
-0.0%
2BR SAFMR
$1,010
SAFMR / rent
1.170×
2–49 unit stock
969
LIHTC proj / units
5 / 215
HUD assisted MF
3 / 91

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50112 · IA — sent to you.

ZIP 50112 · IA

ACS median rent$863
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50112

  • 1-unit detached3,50069.7%
  • 1-unit attached3166.3%
  • 2–4 units3507.0%
  • 5–49 units61912.3%
  • 50+ units621.2%
  • Mobile1713.4%
TypeUnitsShare
1-unit detached3,50069.7%
1-unit attached3166.3%
2 units (duplex)1723.4%
3–4 units1783.5%
5–9 units2044.1%
10–19 units2194.4%
20–49 units1963.9%
50+ units621.2%
Mobile1713.4%

2–4 unit share 7.0% · 5–49 unit share 12.3% · combined 2–49 19.3%.

Units by bedrooms

Studio
78
1BR
429
2BR
1,665
3BR
1,692
4BR
928
5+
226

Rent burden

Rent ≥30% of income42.0%
Rent ≥50% of income22.8%
  • ACS median gross rent $863 (all bedrooms, occupied rentals).
  • Median contract rent $676.
  • Renters paying ≥30% of income 42.0%; ≥50% 22.8%.
  • FY2027 2BR SAFMR $1,010 (1.170× ACS median gross rent).

Population

11,776 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.0%.

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

Assisted inventory

  • LIHTC: 5 projects, 215 units.
  • HUD project-based assisted MF: 3 properties, 91 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3 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 50112 31.2% of occupied households are renters; vacancy is 5.3%; ACS median gross rent is $863; population changed -0.0% between the 2018 and 2023 ACS vintages; the housing stock includes 350 units in 2–4-unit structures and 619 units in 5–49-unit structures; 5 LIHTC projects totaling 215 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $863. 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 50112 is a Census / HUD profile for Poweshiek 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 50112?

ZIP 50112 (Poweshiek County, IA) has 11,776 residents, 4,752 households, a renter share of 31.2%, median household income of $64,707, and ACS 2023 median gross rent of $863. Vacancy is 5.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50112?

ACS counts 172 units in 2-unit buildings, 178 in 3–4 unit buildings, 204 in 5–9, 219 in 10–19, and 196 in 20–49. Combined 2–49 unit stock is 969 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50112?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 50112 — Grinnell, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50112 is Census / HUD research for Poweshiek 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.