ZIP Code 50056 is associated with the city of Colo in Iowa (Story County) in the U.S. An estimated 22.5% in this Iowa region have a bachelor's degree or higher, and the per capita income is approximately $33,230. The median household income is at $74,345, while an estimated 4% of the population in this ZIP is living below the poverty line. The median age in ZIP Code 50056 is approximately 38.5 years, and 18.0% of the region's residents are aged 62 years and older. The current population estimate is 1,474.
6:27 am
8:04 pm
Fair
The median household income in ZIP Code 50056 is $74,345, while the region's mean household income is $90,064. Breaking income down further, per capita income in the region is $33,230. The per capita income in ZIP Code 50056 of $33,230 is approximately 3.28% more than the per capita income in Iowa overall of $32,176. An estimated 4.1% of the population is living below the poverty line in this region. This rate is approximately 56.84% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.6% of the population in 50056 earn $50,000 to $74,999 per year, while an estimated 18.4% earn $100,000 to $149,999 per year, and 1.4% of 50056 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 1.4% |
| $10,000 to $14,999 per year | 2.3% |
| $15,000 to $24,999 per year | 5.4% |
| $25,000 to $34,999 per year | 7.4% |
| $35,000 to $49,999 per year | 12.8% |
| $50,000 to $74,999 per year | 21.6% |
| $75,000 to $99,999 per year | 16.0% |
| $100,000 to $149,999 per year | 18.4% |
| $150,000 to $199,999 per year | 6.8% |
| $200,000 or more per year | 7.7% |
In ZIP Code 50056, 94.9% of the population graduated high school, while 22.5% have a bachelor's degree or higher. In this region, 0.9% achieved an education level less than 9th grade, while 5.6% hold a graduate or professional degree. Approximately 36.3% in this Story County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.9% |
| 9th to 12th grade, no diploma | 4.2% |
| High school graduate (includes equivalency) | 36.3% |
| Some college, no degree | 21.0% |
| Associate's degree | 15.2% |
| Bachelor's degree | 16.8% |
| Graduate or professional degree | 5.6% |
Looking at race in the population that makes up ZIP Code 50056, 99.3% is one race, while 0.7% are two or more races. Approximately 3.1% of 50056 residents are hispanic or Latino (of any race). The most common race in 50056 (race alone or in combination with one or more other races), is White (99.7%), followed by Black or African American (0.7%) .
| Industry | Percent |
|---|---|
| White | 99.7% |
| Black or African American | 0.7% |
| American Indian and Alaska Native | 0.0% |
| Asian | 0.1% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.2% |
Residents of ZIP Code 50056 are older than average. The median age of 38.5 years in ZIP Code 50056 is approximately 1.05% higher than the overall median age in the U.S. of 38.1 years. About 71.2% of residents are aged 18 years and older, and 18.0% of residents are 62 years and over. Approximately 16.1% of the population in 50056 falls in the age group 35 to 44 years, while an estimated 12.1% are aged 45 to 54 years. On the low end of the scale, 2.2% of 50056 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.0% |
| 5 to 9 years | 9.1% |
| 10 to 14 years | 9.5% |
| 15 to 19 years | 5.0% |
| 20 to 24 years | 5.2% |
| 25 to 34 years | 9.5% |
| 35 to 44 years | 16.1% |
| 45 to 54 years | 12.1% |
| 55 to 59 years | 4.8% |
| 60 to 64 years | 7.2% |
| 65 to 74 years | 9.5% |
| 75 to 84 years | 3.9% |
| 85 years and over | 2.2% |
Regarding the age of homes in ZIP Code 50056, an estimated 40.3% of homes were built in 1939 or earlier. Additionally, 21.1% of homes in the region were built between 1970 and 1979, while an estimated 0.0% of homes were built in 2014 or later in this Story County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.0% |
| Built between 2010 and 2013 | 1.1% |
| Built between 2000 and 2009 | 7.4% |
| Built between 1990 and 1999 | 12.5% |
| Built between 1980 and 1989 | 4.0% |
| Built between 1970 and 1979 | 21.1% |
| Built between 1960 and 1969 | 5.8% |
| Built between 1950 and 1959 | 5.1% |
| Built between 1940 and 1949 | 2.6% |
| Built in 1939 or earlier | 40.3% |
In 50056, 71.1% of the population is in the labor force. Recent estimates place 8.4% as working from home, while the total labor force in the region has a mean travel to time to work of 22.9 minutes. Approximately 24.6% of the employed population 16 years and over in 50056 work in educational services, and health care and social assistance, while an estimated 16.5% work in manufacturing. On the lower end of the scale, just 1.3% of 50056 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 4.1% |
| Construction | 8.9% |
| Manufacturing | 16.5% |
| Wholesale trade | 4.3% |
| Retail trade | 12.0% |
| Transportation and warehousing, and utilities | 2.7% |
| Information | 1.3% |
| Finance and insurance, and real estate and rental and leasing | 5.3% |
| Professional, scientific, management, and administrative | 6.9% |
| Educational services, and health care and social assistance | 24.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 2.3% |
| Other services, except public administration | 4.1% |
| Public administration | 7.0% |
In ZIP Code 50056, 98.8% of the population lists "English only" as the language spoken in home, while 0.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.0% of homes, and other Indo-European languages are spoken in 0.1% of homes. Lastly, 0.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Story County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.8% |
| Spanish | 0.9% |
| Other Indo-European languages | 0.0% |
| Asian and Pacific Islander languages | 0.1% |
| Other languages | 0.2% |
Regarding solar power potential, ZIP Code 50056 has an average daily solar radiation level of 4.91 kWh/m2/day. This is approximately 19.17% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.49% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 50056 | 12.99¢/kWh | 9.01¢/kWh | 5.78¢/kWh |
| Iowa | 14.23¢/kWh | 10.7¢/kWh | 6.63¢/kWh |
| United States | 17.47¢/kWh | 12.96¢/kWh | 8.3¢/kWh |
| Month | ZIP Code 50056 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.56 | 1.9 | 5.84 |
| Feb | 3.92 | 3 | 6.31 |
| Mar | 5.12 | 3.65 | 7.02 |
| Apr | 5.46 | 5.13 | 7.3 |
| May | 5.62 | 5.17 | 7.13 |
| Jun | 5.74 | 5.72 | 6.95 |
| Jul | 6.01 | 6.22 | 6.51 |
| Aug | 6.07 | 6.08 | 6.65 |
| Sep | 5.84 | 5.15 | 7.02 |
| Oct | 4.81 | 3.32 | 6.92 |
| Nov | 3.82 | 2.33 | 5.99 |
| Dec | 2.88 | 1.78 | 5.46 |