Housing market/Iowa/ZIP 50635

ACS 2023 · FY2027 SAFMR

ZIP 50635 Gladbrook, Tama County, Iowa

Tama 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
1,470
Households
657
Median HH income
$72,981
Renter share
19.2%
Median gross rent
$893
Vacancy
11.2%
Pop. change
-12.7%
2BR SAFMR
$940
SAFMR / rent
1.053×
2–49 unit stock
31
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50635 · IA — sent to you.

ZIP 50635 · IA

ACS median rent$893
2BR SAFMR$940
90% floor$846
110% ceiling$1,034

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50635

  • 1-unit detached70294.9%
  • 1-unit attached40.5%
  • 2–4 units20.3%
  • 5–49 units293.9%
  • Mobile30.4%
TypeUnitsShare
1-unit detached70294.9%
1-unit attached40.5%
2 units (duplex)10.1%
3–4 units10.1%
5–9 units192.6%
10–19 units70.9%
20–49 units30.4%
50+ units00.0%
Mobile30.4%

2–4 unit share 0.3% · 5–49 unit share 3.9% · combined 2–49 4.2%.

Units by bedrooms

Studio
0
1BR
48
2BR
104
3BR
366
4BR
171
5+
51

Rent burden

Rent ≥30% of income28.6%
Rent ≥50% of income19.1%
  • ACS median gross rent $893 (all bedrooms, occupied rentals).
  • Median contract rent $530.
  • Renters paying ≥30% of income 28.6%; ≥50% 19.1%.
  • FY2027 2BR SAFMR $940 (1.053× ACS median gross rent).

Population

1,470 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -12.7%.

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 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 50635 19.2% of occupied households are renters; vacancy is 11.2%; ACS median gross rent is $893; population changed -12.7% between the 2018 and 2023 ACS vintages; the housing stock includes 2 units in 2–4-unit structures and 29 units in 5–49-unit structures; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $893. 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 50635 is a Census / HUD profile for Tama 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 50635?

ZIP 50635 (Tama County, IA) has 1,470 residents, 657 households, a renter share of 19.2%, median household income of $72,981, and ACS 2023 median gross rent of $893. Vacancy is 11.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50635?

ACS counts 1 units in 2-unit buildings, 1 in 3–4 unit buildings, 19 in 5–9, 7 in 10–19, and 3 in 20–49. Combined 2–49 unit stock is 31 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50635?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 50635 — Gladbrook, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50635 is Census / HUD research for Tama 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.