Housing market/Iowa/ZIP 50060

ACS 2023 · FY2027 SAFMR

ZIP 50060 Corydon, Wayne County, Iowa

Wayne 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
2,385
Households
951
Median HH income
$56,779
Renter share
27.3%
Median gross rent
$725
Vacancy
15.5%
Pop. change
-9.1%
2BR SAFMR
$980
SAFMR / rent
1.352×
2–49 unit stock
165
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 50060 · IA — sent to you.

ZIP 50060 · IA

ACS median rent$725
2BR SAFMR$980
90% floor$882
110% ceiling$1,078

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50060

  • 1-unit detached89579.5%
  • 2–4 units16014.2%
  • 5–49 units50.4%
  • 50+ units30.3%
  • Mobile635.6%
TypeUnitsShare
1-unit detached89579.5%
1-unit attached00.0%
2 units (duplex)807.1%
3–4 units807.1%
5–9 units40.4%
10–19 units00.0%
20–49 units10.1%
50+ units30.3%
Mobile635.6%

2–4 unit share 14.2% · 5–49 unit share 0.4% · combined 2–49 14.7%.

Units by bedrooms

Studio
15
1BR
165
2BR
297
3BR
493
4BR
112
5+
44

Rent burden

Rent ≥30% of income40.8%
Rent ≥50% of income18.9%
  • ACS median gross rent $725 (all bedrooms, occupied rentals).
  • Median contract rent $458.
  • Renters paying ≥30% of income 40.8%; ≥50% 18.9%.
  • FY2027 2BR SAFMR $980 (1.352× ACS median gross rent).

Population

2,385 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.1%.

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 50060 27.3% of occupied households are renters; vacancy is 15.5%; ACS median gross rent is $725; population changed -9.1% between the 2018 and 2023 ACS vintages; the housing stock includes 160 units in 2–4-unit structures and 5 units in 5–49-unit structures; FY2027 2BR SAFMR is $980 versus ACS median gross rent of $725. 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 50060 is a Census / HUD profile for Wayne 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 50060?

ZIP 50060 (Wayne County, IA) has 2,385 residents, 951 households, a renter share of 27.3%, median household income of $56,779, and ACS 2023 median gross rent of $725. Vacancy is 15.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50060?

ACS counts 80 units in 2-unit buildings, 80 in 3–4 unit buildings, 4 in 5–9, 0 in 10–19, and 1 in 20–49. Combined 2–49 unit stock is 165 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50060?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $980. See the full schedule and 90–110% payment-standard band on the ZIP 50060 — Corydon, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50060 is Census / HUD research for Wayne 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.