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ZIP Code 50586

Learn about the people, housing, costs and businesses in 50586

Median Home$120,674
Median Rent$819/month
Population576
Leading IndustriesConstruction · Agriculture & Mining · Transportation19% construction
Home Value Growth+9.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableAffordable Market$121k median home · lower cost than 88% of the country
ZIP Code
50586

Frequently Asked Questions

What are today's mortgage rates in ZIP code 50586?

As of today, the 30-year fixed mortgage rate for ZIP code 50586 is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 50586
What is the median home price in ZIP code 50586?

The median home value in ZIP code 50586 is $121k. The median monthly rent is $819. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 50586?

Home values in ZIP code 50586 have increased 9.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 50586?

Based on a typical all-in ownership cost of $720/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 50586 is $63k/year.

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What industries drive the economy in ZIP code 50586?

The largest employment sectors in ZIP code 50586 are agriculture and mining (19%) and construction (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.