HousingHandbookReference data

U.S. ZIP Code · IA50109

Polk County · Des Moines-West Des Moines, IA

Typical home value

$380,690[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.4%
5-year / yr
+4.9%
10-year / yr
+5.6%

Relative price

vs U.S.
+34.0%
vs metro
+33.0%
vs state
+86.0%
ZIP 50109 location in IA
Location of ZIP 50109 in IA

Price history

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

The typical home in 50109 is worth $380,690 — 33.0% above the Des Moines-West Des Moines, IA median. Over the past year, values have risen 2.4%. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$5,844[3]

#Climate risk

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

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

#Who lives here

Population
3,309[3]
Median household income
$118,669[3]

#Migration

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

Net migration
+468[5]
Moved in
12,860
Moved out
12,392

Schools

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

Public schools
2
Elementary
2
Middle
0
High
0
  • Woodward-Granger Elementary School

    Elementary · Grades 2–5 · Woodward-Granger Comm School District

    369 students

  • Woodward-Granger Early Learning Center

    Elementary · Grades PK–1 · Woodward-Granger Comm School District

    264 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,925
Loan principal$304,552
Down payment$76,138
Total interest paid$388,440

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 ratio
Monthly cost to own$2,731
Monthly rent

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
36th percentile[1]
Rental yield
[2]
Property tax
79th percentile[3]

Frequently asked

How much is a home worth in ZIP code 50109?
The typical home in 50109 is worth $380,690, based on the Zillow Home Value Index.
Are home values rising in 50109?
Home values in 50109 are up 2.4% over the past year, and up 4.9% a year over five years.
What is the property tax rate in 50109?
The effective property tax rate in 50109 is 1.5% — roughly $5,844 a year on a typical home.
Who lives in 50109?
ZIP code 50109 has a population of 3,309 and a median household income of $118,669.

#Comparable ZIPs

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

  • Alleman, IA

    Typical home
    $388,196
    Gross yield
  • Adel, IA

    Typical home
    $396,070
    Gross yield
    3.5%
  • Earlham, IA

    Typical home
    $365,106
    Gross yield
  • Johnston, IA

    Typical home
    $398,965
    Gross yield
    4.1%
  • St. Charles, IA

    Typical home
    $399,114
    Gross yield
  • Des Moines, IA

    Typical home
    $358,873
    Gross yield
    3.5%

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