ZipCodeLook
50542

Zip code 50542: Goldfield, Iowa

Residential delivery areaWright CountyCentral Time
Population
859
Median household income
$55K
U.S. $81K
Median home value
$138K
U.S. $333K
Median rent
$607/mo
U.S. $1,413
Median age
46.6
U.S. 38.9
Land area
66 sq mi
13 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 50542

50542 is a rural zip code in Goldfield, Iowa (Wright County), covering 66 sq mi of land. About 859 people live here, or 13 per square mile. The median resident is 46.6 years old, compared with 38.9 nationally.

The median household earns $55,000 a year, 32% below the national median of $80,734. 9.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $138,400, or 2.5 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 85% of occupied homes are lived in by their owners, and renters pay a median of $607 a month.

25% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 22 minutes each way, and 11% of workers work from home. The most common jobs among working residents are in production and manufacturing; office and administrative support; and construction and repair. 16% of them are self-employed (U.S.: 10%).

How 50542 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
46.6
Under 18
17.1%
65 and over
28.8%

Race and ethnicity

  • White90%
  • Black0%
  • Hispanic5%
  • Asian0%
  • Native American0.1%
  • Pacific Islander0%
  • Other0.7%
  • Multiracial4%
Diversity index
18.2
U.S. 61.4
Foreign-born
0.5%
U.S. 14.1%
Born in state
84.6%

Language spoken at home (households)

English only
94%
Spanish
5%
Other Indo-European
0.8%
Asian / Pacific
0%
Other
0%

Households

Households
368
Average household size
2.3
Family households
73.4%
Married couples
62%
Living alone
24.2%
Veterans (of adults)
3.4%
Male / female
50% / 50%

Income and poverty

Household income distribution

<$25k
14%
$25–50k
31%
$50–75k
16%
$75–100k
12%
$100–150k
17%
$150–200k
4%
$200k+
7%

Median household income

50542
$55,000
Wright Co.
$67,190
Iowa
$75,059
United States
$80,734
Per capita income
$39,161
U.S. $44,673
Poverty rate
9.8%
U.S. 12.5%
Households earning $150K+
10.1%
U.S. 23%
Income inequality (Gini)
0.485
U.S. 0.483

Housing

Median home value

50542
$138,400
Wright Co.
$119,600
Iowa
$208,000
United States
$332,700

Median gross rent

50542
$607
Wright Co.
$790
Iowa
$972
United States
$1,413

Types of housing

Single-family
87%
2–4 units
8%
5–19 units
5%
20+ units
0%
Mobile home
0%
Boat, RV, van
0%
Housing units
440
Owner-occupied
84.5%
Vacant
16.4%
Median year built
1939 or earlier
Median rooms
6.4
Renters paying 30%+ of income
40.4%
Renters paying 50%+ of income
15.4%
Home value to income
2.5× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
81%
Carpooled
6%
Transit
0%
Walked
2%
Bicycle
0%
Worked from home
11%
Other
0%

Commute time (one way)

<10 min
22%
10–19
42%
20–29
6%
30–44
18%
45–59
4%
60+
8%
Average commute
22 min
U.S. 26.4 min
Unemployment
0%
U.S. 5.2%
In labor force
48.5%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Production
16%
Office and admin
14%
Construction and repair
9%
Transportation and moving
9%
Management
8%
Sales
8%
Healthcare
6%
Education
6%
Legal and social services
5%
Business and finance
5%
Food service
5%
Arts, media and sports
4%
Cleaning and personal care
4%
Engineering and science
2%
Farming, fishing and forestry
0.3%
Computer and math
0%
Police and fire
0%

Industries

Manufacturing
20%
Health care and social assistance
15%
Construction
10%
Retail
9%
Other services
9%
Agriculture and mining
7%
Information
6%
Finance, insurance and real estate
6%
Education
5%
Professional and technical services
5%
Transportation, warehousing and utilities
5%
Wholesale
1%
Restaurants and hotels
1%
Public administration
0.8%
Admin, support and management
0%
Arts and recreation
0%
Median earnings per worker
$58,250
U.S. $49,666
Self-employed
15.9%
U.S. 10%
Government workers
13.3%
U.S. 14.5%
Nonprofit workers
5.1%
U.S. 8.8%

Median earnings by type of work

Type of work50542U.S.
Management, business, science and arts$70,208$74,888
Service$14,821$26,804
Sales and office$37,188$40,476
Construction and maintenance$61,667$49,199
Production and transportation$62,308$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
10%
High school
33%
Some college
20%
Associate's
12%
Bachelor's
19%
Graduate
6%
High school graduate or higher
90.4%
Bachelor's degree or higher
24.7%
Graduate or professional degree
6.1%
Households with broadband
92.4%
Cable, fiber or DSL
63.6%
No internet access
3.5%
Without health insurance
4.3%
Limited-English households
0%

Geography

City (USPS)
Goldfield
State
Iowa
Center point
42.7830° N, 93.9427° W
Land area
66 sq mi
Water area
under 0.1 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

50542 spans 2 counties

Cities and towns within this zip

  • Goldfield2% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 50542

ZipCityDistanceIncome
50577Renwick5.5 mi$57,500
50545Hardy7.1 mi$31,429
50533Eagle Grove9.2 mi$65,595
50591Thor9.3 mi$75,000
50525Clarion10 mi$67,250
50526Clarion · PO box11 mi—
50558Livermore12 mi$68,750
50447Kanawha13 mi$76,019
50430Corwith13 mi$59,265
50529Dakota City14 mi$60,417
50560Lu Verne15 mi$66,042
50594Vincent15 mi$67,000

Questions about 50542

What city is zip code 50542?

50542 is assigned to Goldfield, Iowa. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 50542 in?

50542 is mostly in Wright County, but it extends into 1 other county.

What is the population of 50542?

About 859 people live in 50542, according to the Census Bureau's American Community Survey.

What time zone is 50542 in?

50542 is in Central Time.

What is the median household income in 50542?

The median household income in 50542 is $55,000.

What zip codes are near 50542?

The closest zip codes to 50542 are 50577, 50545, 50533, 50591, 50525.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 50542, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.