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Area data

Waterloo, IA — ZIP 50701

Population: 30,232 (Census ACS)

The typical home value in ZIP 50701 (Waterloo, IA) is $187,543 — up 1.4% over the past year. Homes sell for a median $219,000 after a median 9 days on market. Typical rent runs $1,083/month. 6 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with drought, strong wind, tornado the top-rated hazards. Cost of living is 12.2% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$187,543

Typical home value

+1.4%

1-year change

9

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$187,543
1-year appreciation
+1.4%
3-year appreciation
+7.9%
5-year appreciation
+24.8%
10-year appreciation
+49.1%
Peak value since 2000 (Feb 2026)
$188,864
House Price Index (state)
386.7 (+2.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$219,000
Median list price
$219,000
Median price per sqft
$128
1-year sale-price change
-1.6%
Median days on market
9 days
Homes sold (recent period)
120
For-sale inventory
128
Sale-to-list ratio
98.5%
Active listings
101
1-year forecast
+2.1%
Days to pending
34 days
New listings (monthly)
48

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,083/mo
1-year rent change
+4.5%
Studio fair-market rent
$763/mo
1BR fair-market rent
$838/mo
2BR fair-market rent
$1,096/mo
3BR fair-market rent
$1,401/mo
4BR fair-market rent
$1,832/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
87.8 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
6
Elementary schools
4
Middle schools
2
High schools
0
Avg student-teacher ratio
13.3 : 1
Schools include
Lou Henry Elementary School, Fred Becker Elementary School, Hoover Middle School, Kingsley Elementary School, Orange Elementary School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
drought, strong wind, tornado, winter weather, cold wave
Notable hazard ratings (county)
drought: Relatively High · tornado: Relatively High · strong wind: Relatively High · winter weather: Relatively High · hail: Relatively Moderate · cold wave: Relatively Moderate
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
243
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
17.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Waterloo Coal Gasification Plant (5.1 mi — proposed for listing)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
39.4 in
Annual snowfall
33.7 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
195
Days with Moderate air quality
168
Days with Unhealthy air quality
1
Highest AQI recorded (year)
158

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
10.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
25,284
Jobs reachable by transit (45 min)
20,721

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
16
Nearest airport
Flyers Airport (5 mi)
Nearest major airport
Waterloo Regional Airport (ALO) (10 mi)
Hospitals in or near this ZIP
13
Hospitals include
UNITYPOINT HEALTH - MARSHALLTOWN, SARTORI MEMORIAL HOSPITAL, INC, ST LUKES HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-466 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1970
Housing built before 1970
49.4%
Housing built 2000 or later
16.2%
Median annual property tax
$3,099
Mean commute to work
14 min
Households with broadband internet
68.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
61,492
Average weekly wage
$1,153
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
488

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 50701State medianUS median
Typical home value$187,543$211,043$288,527
Median sale price$219,000$220,000$325,000
Median days on market9 days48 days51 days
Typical rent$1,083/mo$1,168/mo$1,809/mo
Median annual property tax$3,099$1,927$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 50701?
$187,543.
What is the median sale price in ZIP 50701?
$219,000.
How long do homes take to sell in ZIP 50701?
Median days on market: 9 days.
What is typical rent in ZIP 50701?
Typical rent: $1,083/month.
What is the natural-hazard risk in ZIP 50701?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: drought, strong wind, tornado, winter weather, cold wave.
Is ZIP 50701 in a flood zone?
Flood zones vary by property within ZIP 50701. 243 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in ZIP 50701?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 50701?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 50701?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 50701?
6 schools (4 elementary, 2 middle) (NCES, 2024-25).
Is ZIP 50701 walkable?
Walkability index: 10.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 50701?
Good. Median AQI: 49. (EPA AQI).
What is the cost of living in ZIP 50701?
Regional Price Parity: 87.8 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents