HousingHandbookReference data

U.S. ZIP Code · IA50138

Marion County

Typical home value

$207,996[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.5%
5-year / yr
+4.5%
10-year / yr
+6.7%

Relative price

vs U.S.
-26.8%
vs metro
vs state
+1.7%
ZIP 50138 location in IA
Location of ZIP 50138 in IA

Price history

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

The typical home in 50138 is worth $207,996. Over the past year, values have risen 1.5%. Homes here rent for a typical $881 a month — a 5.1% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent
$881[2]
Gross yield
5.1%[2]
Cap rate
3.1%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$2,215[3]

#Climate risk

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

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

#Who lives here

Population
11,117[3]
Median household income
$74,693[3]

#Migration

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

Net migration
+14[5]
Moved in
862
Moved out
848

Schools

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

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

    High · Grades 9–12 · Knoxville Comm School District

    503 students

  • West Elementary

    Elementary · Grades PK–2 · Knoxville Comm School District

    490 students

  • Northstar Elementary School

    Elementary · Grades 3–5 · Knoxville Comm School District

    342 students

  • Knoxville Middle School

    Middle · Grades 6–8 · Knoxville Comm School District

    324 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 yield5.1%
Net yield (after ~40% expenses)3.1%
Annual rent$10,577

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$1,052
Loan principal$166,397
Down payment$41,599
Total interest paid$212,230

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 ratio1.60
Monthly cost to own$1,409
Monthly rent$881

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 50138?
The typical home in 50138 is worth $207,996, based on the Zillow Home Value Index.
Are home values rising in 50138?
Home values in 50138 are up 1.5% over the past year, and up 4.5% a year over five years.
What is the typical rent in 50138?
A typical home in 50138 rents for about $881 a month, a gross rental yield of 5.1%.
What is the property tax rate in 50138?
The effective property tax rate in 50138 is 1.1% — roughly $2,215 a year on a typical home.
Who lives in 50138?
ZIP code 50138 has a population of 11,117 and a median household income of $74,693.

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