ZIP Code 50620 is associated with the city of Colwell in Iowa (Floyd County) in the U.S. About 0.0% of residents in ZIP Code 50620 are aged 62 years and older, and the region has a median age of 52.5 years. An estimated 0.0% in this Iowa region have a bachelor's degree or higher, and the per capita income is approximately $25,575. Approximately 30% of the population lives below the poverty line, while the median househould income sits at $61,042. The current population estimate is 40.
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Moderate
The median household income in ZIP Code 50620 is $61,042, while the region's mean household income is $52,653. Breaking income down further, per capita income in the region is $25,575. The per capita income in ZIP Code 50620 of $25,575 is approximately 20.52% less than the per capita income in the U.S. overall of $32,176. An estimated 30.0% of the population is living below the poverty line in this region. This rate is approximately215.79% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 42.1% of the population in 50620 earn $50,000 to $74,999 per year, while an estimated 10.5% earn $10,000 to $14,999 per year, and 0.0% of 50620 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 5.3% |
| $10,000 to $14,999 per year | 10.5% |
| $15,000 to $24,999 per year | 10.5% |
| $25,000 to $34,999 per year | 5.3% |
| $35,000 to $49,999 per year | 5.3% |
| $50,000 to $74,999 per year | 42.1% |
| $75,000 to $99,999 per year | 10.5% |
| $100,000 to $149,999 per year | 10.5% |
| $150,000 to $199,999 per year | 0.0% |
| $200,000 or more per year | 0.0% |
In ZIP Code 50620, 97.1% of the population graduated high school, while 0.0% have a bachelor's degree or higher. In this region, 0.0% achieved an education level less than 9th grade, while 0.0% hold a graduate or professional degree. Approximately 57.1% in this Floyd County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.0% |
| 9th to 12th grade, no diploma | 2.9% |
| High school graduate (includes equivalency) | 57.1% |
| Some college, no degree | 37.1% |
| Associate's degree | 2.9% |
| Bachelor's degree | 0.0% |
| Graduate or professional degree | 0.0% |
Looking at race in the population that makes up ZIP Code 50620, 100.0% is one race, while 0.0% are two or more races. Approximately 2.5% of 50620 residents are hispanic or Latino (of any race). The most common race in 50620 (race alone or in combination with one or more other races), is White (100.0%), followed by Black or African American (0.0%) .
| Industry | Percent |
|---|---|
| White | 100.0% |
| Black or African American | 0.0% |
| American Indian and Alaska Native | 0.0% |
| Asian | 0.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.0% |
Residents of ZIP Code 50620 are older than average. The median age of 52.5 years in ZIP Code 50620 is approximately 37.8% higher than the overall median age in the U.S. of 38.1 years. About 90.0% of residents are aged 18 years and older, and 0.0% of residents are 62 years and over. Approximately 50.0% of the population in 50620 falls in the age group 45 to 54 years, while an estimated 17.5% are aged 55 to 59 years. On the low end of the scale, 0.0% of 50620 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 2.5% |
| 5 to 9 years | 0.0% |
| 10 to 14 years | 7.5% |
| 15 to 19 years | 2.5% |
| 20 to 24 years | 0.0% |
| 25 to 34 years | 12.5% |
| 35 to 44 years | 5.0% |
| 45 to 54 years | 50.0% |
| 55 to 59 years | 17.5% |
| 60 to 64 years | 2.5% |
| 65 to 74 years | 0.0% |
| 75 to 84 years | 0.0% |
| 85 years and over | 0.0% |
Regarding the age of homes in ZIP Code 50620, an estimated 36.8% of homes were built between 1950 and 1959. Additionally, 26.3% of homes in the region were built in 1939 or earlier, while an estimated 0.0% of homes were built between 1980 and 1989 in this Floyd County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.0% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 0.0% |
| Built between 1990 and 1999 | 5.3% |
| Built between 1980 and 1989 | 0.0% |
| Built between 1970 and 1979 | 21.1% |
| Built between 1960 and 1969 | 5.3% |
| Built between 1950 and 1959 | 36.8% |
| Built between 1940 and 1949 | 5.3% |
| Built in 1939 or earlier | 26.3% |
In 50620, 86.1% of the population is in the labor force. Recent estimates place 0.0% as working from home, while the total labor force in the region has a mean travel to time to work of 23.4 minutes. Approximately 41.9% of the employed population 16 years and over in 50620 work in educational services, and health care and social assistance, while an estimated 38.7% work in manufacturing. On the lower end of the scale, just 0.0% of 50620 workers 16 years and over work in public administration.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 3.2% |
| Construction | 0.0% |
| Manufacturing | 38.7% |
| Wholesale trade | 0.0% |
| Retail trade | 6.5% |
| Transportation and warehousing, and utilities | 0.0% |
| Information | 0.0% |
| Finance and insurance, and real estate and rental and leasing | 0.0% |
| Professional, scientific, management, and administrative | 0.0% |
| Educational services, and health care and social assistance | 41.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.7% |
| Other services, except public administration | 0.0% |
| Public administration | 0.0% |
In ZIP Code 50620, 100.0% of the population lists "English only" as the language spoken in home, while 0.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.0% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Floyd County region.
| Language Spoken | Percent |
|---|---|
| English only | 100.0% |
| Spanish | 0.0% |
| Other Indo-European languages | 0.0% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.0% |
Regarding solar power potential, ZIP Code 50620 has an average daily solar radiation level of 4.85 kWh/m2/day. This is approximately 17.72% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.4% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 50620 | 12.99¢/kWh | 9.01¢/kWh | 5.78¢/kWh |
| Iowa | 12.55¢/kWh | 9.86¢/kWh | 6.15¢/kWh |
| United States | 17.11¢/kWh | 13.27¢/kWh | 8.26¢/kWh |
| Month | ZIP Code 50620 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.5 | 1.9 | 5.84 |
| Feb | 3.95 | 3 | 6.31 |
| Mar | 4.78 | 3.65 | 7.02 |
| Apr | 5.22 | 5.13 | 7.3 |
| May | 5.62 | 5.17 | 7.13 |
| Jun | 5.94 | 5.72 | 6.95 |
| Jul | 6.28 | 6.22 | 6.51 |
| Aug | 5.9 | 6.08 | 6.65 |
| Sep | 5.79 | 5.15 | 7.02 |
| Oct | 4.47 | 3.32 | 6.92 |
| Nov | 3.76 | 2.33 | 5.99 |
| Dec | 2.95 | 1.78 | 5.46 |