Housing market/Iowa/ZIP 50459

ACS 2023 · FY2027 SAFMR

ZIP 50459 Northwood, Worth County, Iowa

Worth 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
3,027
Households
1,246
Median HH income
$76,053
Renter share
16.0%
Median gross rent
$690
Vacancy
7.1%
Pop. change
+0.4%
2BR SAFMR
$990
SAFMR / rent
1.435×
2–49 unit stock
129
LIHTC proj / units
1 / 28
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50459 · IA — sent to you.

ZIP 50459 · IA

ACS median rent$690
2BR SAFMR$990
90% floor$891
110% ceiling$1,089

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50459

  • 1-unit detached1,19989.4%
  • 1-unit attached90.7%
  • 2–4 units624.6%
  • 5–49 units675.0%
  • Mobile40.3%
TypeUnitsShare
1-unit detached1,19989.4%
1-unit attached90.7%
2 units (duplex)00.0%
3–4 units624.6%
5–9 units151.1%
10–19 units251.9%
20–49 units272.0%
50+ units00.0%
Mobile40.3%

2–4 unit share 4.6% · 5–49 unit share 5.0% · combined 2–49 9.6%.

Units by bedrooms

Studio
32
1BR
115
2BR
275
3BR
612
4BR
267
5+
40

Rent burden

Rent ≥30% of income30.6%
Rent ≥50% of income15.6%
  • ACS median gross rent $690 (all bedrooms, occupied rentals).
  • Median contract rent $489.
  • Renters paying ≥30% of income 30.6%; ≥50% 15.6%.
  • FY2027 2BR SAFMR $990 (1.435× ACS median gross rent).

Population

3,027 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.4%.

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

Assisted inventory

  • LIHTC: 1 projects, 28 units.
  • 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 0 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 50459 16.0% of occupied households are renters; vacancy is 7.1%; ACS median gross rent is $690; population increased +0.4% between the 2018 and 2023 ACS vintages; the housing stock includes 62 units in 2–4-unit structures and 67 units in 5–49-unit structures; 1 LIHTC projects totaling 28 units; FY2027 2BR SAFMR is $990 versus ACS median gross rent of $690. 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 50459 is a Census / HUD profile for Worth 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 50459?

ZIP 50459 (Worth County, IA) has 3,027 residents, 1,246 households, a renter share of 16.0%, median household income of $76,053, and ACS 2023 median gross rent of $690. Vacancy is 7.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50459?

ACS counts 0 units in 2-unit buildings, 62 in 3–4 unit buildings, 15 in 5–9, 25 in 10–19, and 27 in 20–49. Combined 2–49 unit stock is 129 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50459?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $990. See the full schedule and 90–110% payment-standard band on the ZIP 50459 — Northwood, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50459 is Census / HUD research for Worth 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.