HousingHandbookReference data

U.S. ZIP Code · IA50014

Story County · Ames, IA

Typical home value

$313,054[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.1%
5-year / yr
+4.2%
10-year / yr
+4.3%

Relative price

vs U.S.
+10.2%
vs metro
+13.5%
vs state
+53.0%
ZIP 50014 location in IA
Location of ZIP 50014 in IA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 50014 is worth $313,054 — 13.5% above the Ames, IA median. Over the past year, values have risen 3.1%. Homes here rent for a typical $1,045 a month — a 4.0% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,045[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$4,220[3]

#Climate risk

FEMA National Risk Index ratings for Story County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively High
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
32,958[3]
Median household income
$60,731[3]

#Migration

Household moves in and out of Story County over a year, from IRS tax-return data.

Net migration
-444[5]
Moved in
3,311
Moved out
3,755

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
1
High
0
  • Ames Middle School

    Middle · Grades 6–8 · Ames Comm School District

    1,032 students

  • Edwards Elementary School

    Elementary · Grades K–5 · Ames Comm School District

    439 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$12,540

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,583
Loan principal$250,443
Down payment$62,611
Total interest paid$319,427

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.10
Monthly cost to own$2,196
Monthly rent$1,045

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
6th percentile[1]
Rental yield
33rd percentile[2]
Property tax
65th percentile[3]

Frequently asked

How much is a home worth in ZIP code 50014?
The typical home in 50014 is worth $313,054, based on the Zillow Home Value Index.
Are home values rising in 50014?
Home values in 50014 are up 3.1% over the past year, and up 4.2% a year over five years.
What is the typical rent in 50014?
A typical home in 50014 rents for about $1,045 a month, a gross rental yield of 4.0%.
What is the property tax rate in 50014?
The effective property tax rate in 50014 is 1.3% — roughly $4,220 a year on a typical home.
Who lives in 50014?
ZIP code 50014 has a population of 32,958 and a median household income of $60,731.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Cambridge, IA

    Typical home
    $324,387
    Gross yield
  • Ames, IA

    Typical home
    $293,990
    Gross yield
    4.4%
  • Gilbert, IA

    Typical home
    $332,204
    Gross yield
  • Madrid, IA

    Typical home
    $287,674
    Gross yield
  • Woodward, IA

    Typical home
    $287,246
    Gross yield
  • Kelley, IA

    Typical home
    $343,163
    Gross yield

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