HousingHandbookReference data

U.S. ZIP Code · IA50036

Boone County · Ames, IA

Typical home value

$210,615[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.3%
5-year / yr
+5.2%
10-year / yr
+5.6%

Relative price

vs U.S.
-25.9%
vs metro
-23.6%
vs state
+2.9%
ZIP 50036 location in IA
Location of ZIP 50036 in IA

Price history

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

The typical home in 50036 is worth $210,615 — 23.6% below the Ames, IA median. Over the past year, values have risen 3.3%. Homes here rent for a typical $1,053 a month — a 6.0% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent
$1,053[2]
Gross yield
6.0%[2]
Cap rate
3.6%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$2,936[3]

#Climate risk

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

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

#Who lives here

Population
16,154[3]
Median household income
$79,255[3]

#Migration

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

Net migration
-19[5]
Moved in
705
Moved out
724

Schools

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

Public schools
4
Elementary
2
Middle
1
High
1
  • Boone High School

    High · Grades 9–12 · Boone Comm School District

    720 students

  • Boone Middle School

    Middle · Grades 5–8 · Boone Comm School District

    585 students

  • Franklin Elementary School

    Elementary · Grades 2–4 · Boone Comm School District

    338 students

  • United Community School

    Elementary · Grades PK–6 · United Comm School District

    331 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 yield6.0%
Net yield (after ~40% expenses)3.6%
Annual rent$12,630

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$1,065
Loan principal$168,492
Down payment$42,123
Total interest paid$214,902

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 ratio1.41
Monthly cost to own$1,484
Monthly rent$1,053

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
35th percentile[1]
Rental yield
100th percentile[2]
Property tax
82nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 50036?
The typical home in 50036 is worth $210,615, based on the Zillow Home Value Index.
Are home values rising in 50036?
Home values in 50036 are up 3.3% over the past year, and up 5.2% a year over five years.
What is the typical rent in 50036?
A typical home in 50036 rents for about $1,053 a month, a gross rental yield of 6.0%.
What is the property tax rate in 50036?
The effective property tax rate in 50036 is 1.4% — roughly $2,936 a year on a typical home.
Who lives in 50036?
ZIP code 50036 has a population of 16,154 and a median household income of $79,255.

#Comparable ZIPs

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

  • Pilot Mound, IA

    Typical home
    $182,195
    Gross yield
  • Ogden, IA

    Typical home
    $239,397
    Gross yield
  • McCallsburg, IA

    Typical home
    $242,093
    Gross yield
  • Nevada, IA

    Typical home
    $246,339
    Gross yield
  • Colo, IA

    Typical home
    $254,817
    Gross yield
  • Roland, IA

    Typical home
    $256,972
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 50036 against any other ZIP — full side-by-side table.

Compare 50036

#Jump to section