Zip code 50542: Goldfield, Iowa
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
- 96thU.S. 17.2% · IA 18.1%123rd of 911 in IA
- 93rdU.S. 10% · IA 10.2%330th of 911 in IA
- Median age46.690thU.S. 38.9 · IA 38.6279th of 911 in IA
- Housing vacancy16.4%89thU.S. 10.1% · IA 8.5%143rd of 909 in IA
- Homeownership rate84.5%88thStrengthU.S. 65.2% · IA 71.7%361st of 909 in IA
- 83rdWeaknessU.S. 0.483 · IA 0.44477th of 908 in IA
- Median earnings per worker$58,25073rdU.S. $49,666 · IA $47,712106th of 910 in IA
- Broadband access92.4%52ndU.S. 91% · IA 88.9%240th of 909 in IA
- Per capita income$39,16147thU.S. $44,673 · IA $40,877409th of 911 in IA
- Government workers13.3%47thU.S. 14.5% · IA 14.5%445th of 911 in IA
- Poverty rate9.8%43rdU.S. 12.5% · IA 11.1%369th of 909 in IA
- 40thU.S. 15.1% · IA 11.3%335th of 911 in IA
- 33rdU.S. 35.7% · IA 31.4%314th of 911 in IA
- Uninsured rate4.3%25thU.S. 8.4% · IA 5%393rd of 911 in IA
- Average commute22 min23rdU.S. 26.4 min · IA 19.8 min524th of 902 in IA
- Veterans3.4%19thU.S. 6.2% · IA 6.5%827th of 911 in IA
- 17thStrengthU.S. 51.1% · IA 43.9%331st of 882 in IA
- Residents under 1817.1%15thU.S. 22% · IA 22.9%766th of 911 in IA
- Median household income$55,00014thWeaknessU.S. $80,734 · IA $75,059820th of 896 in IA
- Diversity index18.211thU.S. 61.4 · IA 31.4298th of 911 in IA
- Median home value$138,4008thU.S. $332,700 · IA $208,000582nd of 881 in IA
- 7thU.S. 9.7% · IA 9.2%684th of 911 in IA
- 3rdU.S. 14.1% · IA 5.9%588th of 911 in IA
- Population8591stU.S. 334,922,499 · IA 3,210,507511th of 911 in IA
- Population density13/sq mi1stU.S. 95/sq mi · IA 58/sq mi671st of 911 in IA
- 1stU.S. $1,413 · IA $972705th of 771 in IA
- 1stStrengthU.S. 5.2% · IA 3.6%911th of 911 in IA
- 1stU.S. 3.8% · IA 2.9%910th of 911 in IA
| Measure | 50542 | Wright | IA | U.S. | National percentile | Rank in IA |
|---|---|---|---|---|---|---|
| Residents 65 and older | 28.8% | 22.1% | 18.1% | 17.2% | 123rd of 911 | |
| Self-employed workers | 15.9% | 13.5% | 10.2% | 10% | 330th of 911 | |
| Median age | 46.6 | 39.4 | 38.6 | 38.9 | 279th of 911 | |
| Housing vacancy | 16.4% | 14.7% | 8.5% | 10.1% | 143rd of 909 | |
| Homeownership rateStrength | 84.5% | 77% | 71.7% | 65.2% | 361st of 909 | |
| Income inequality (Gini)Weakness | 0.485 | 0.467 | 0.444 | 0.483 | 77th of 908 | |
| Median earnings per worker | $58,250 | $48,376 | $47,712 | $49,666 | 106th of 910 | |
| Broadband access | 92.4% | 85.8% | 88.9% | 91% | 240th of 909 | |
| Per capita income | $39,161 | $39,059 | $40,877 | $44,673 | 409th of 911 | |
| Government workers | 13.3% | 15% | 14.5% | 14.5% | 445th of 911 | |
| Poverty rate | 9.8% | 16.8% | 11.1% | 12.5% | 369th of 909 | |
| Work from home | 11% | 7.9% | 11.3% | 15.1% | 335th of 911 | |
| Bachelor's degree or higher | 24.7% | 24.9% | 31.4% | 35.7% | 314th of 911 | |
| Uninsured rate | 4.3% | 5.8% | 5% | 8.4% | 393rd of 911 | |
| Average commute | 22 min | 20.2 min | 19.8 min | 26.4 min | 524th of 902 | |
| Veterans | 3.4% | 8.2% | 6.5% | 6.2% | 827th of 911 | |
| Rent-burdened rentersStrength | 40.4% | 41% | 43.9% | 51.1% | 331st of 882 | |
| Residents under 18 | 17.1% | 26% | 22.9% | 22% | 766th of 911 | |
| Median household incomeWeakness | $55,000 | $67,190 | $75,059 | $80,734 | 820th of 896 | |
| Diversity index | 18.2 | 38.9 | 31.4 | 61.4 | 298th of 911 | |
| Median home value | $138,400 | $119,600 | $208,000 | $332,700 | 582nd of 881 | |
| Healthcare workers | 5.9% | 8.8% | 9.2% | 9.7% | 684th of 911 | |
| Foreign-born residents | 0.5% | 6.5% | 5.9% | 14.1% | 588th of 911 | |
| Population | 859 | 12,791 | 3,210,507 | 334,922,499 | 511th of 911 | |
| Population density | 13/sq mi | 22/sq mi | 58/sq mi | 95/sq mi | 671st of 911 | |
| Median gross rent | $607 | $790 | $972 | $1,413 | 705th of 771 | |
| Unemployment rateStrength | 0% | 1.8% | 3.6% | 5.2% | 911th of 911 | |
| Tech workers | 0% | 0.7% | 2.9% | 3.8% | 910th of 911 |
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
Race and ethnicity
- White90%
- Black0%
- Hispanic5%
- Asian0%
- Native American0.1%
- Pacific Islander0%
- Other0.7%
- Multiracial4%
Language spoken at home (households)
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
Median household income
Housing
Median home value
Median gross rent
Types of housing
- 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
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 50542 | U.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+)
- 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
- County
- Wright County
- 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
- Wright County69% of land
- Humboldt County32% of land
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
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 50577 | Renwick, IA | 5.5 mi | $57,500 |
| 50545 | Hardy, IA | 7.1 mi | $31,429 |
| 50533 | Eagle Grove, IA | 9.2 mi | $65,595 |
| 50591 | Thor, IA | 9.3 mi | $75,000 |
| 50525 | Clarion, IA | 10 mi | $67,250 |
| 50526 | Clarion, IA · PO box | 11 mi | — |
| 50558 | Livermore, IA | 12 mi | $68,750 |
| 50447 | Kanawha, IA | 13 mi | $76,019 |
| 50430 | Corwith, IA | 13 mi | $59,265 |
| 50529 | Dakota City, IA | 14 mi | $60,417 |
| 50560 | Lu Verne, IA | 15 mi | $66,042 |
| 50594 | Vincent, IA | 15 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.