HousingHandbookReference data

U.S. ZIP Code · IA50314

Polk County · Des Moines-West Des Moines, IA

Typical home value

$164,442[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.6%
5-year / yr
+6.1%
10-year / yr
+9.5%

Relative price

vs U.S.
-42.1%
vs metro
-42.5%
vs state
-19.6%
ZIP 50314 location in IA
Location of ZIP 50314 in IA

Price history

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

The typical home in 50314 is worth $164,442 — 42.5% below the Des Moines-West Des Moines, IA median. Over the past year, values have risen 2.6%. Homes here rent for a typical $956 a month — a 7.0% 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
$956[2]
Gross yield
7.0%[2]
Cap rate
4.2%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$2,373[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
10,438[3]
Median household income
$39,950[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
4
Elementary
3
Middle
0
High
0
  • Moulton Elementary School

    Elementary · Grades PK–5 · Des Moines Independent Comm School District

    450 students

  • Edmunds Elementary School

    Elementary · Grades K–5 · Des Moines Independent Comm School District

    286 students

  • King Elementary School

    Elementary · Grades K–5 · Des Moines Independent Comm School District

    273 students

  • Jessie Franklin Taylor

    Prekindergarten · Grades PK · Des Moines Independent Comm School District

    194 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 yield7.0%
Net yield (after ~40% expenses)4.2%
Annual rent$11,475

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$832
Loan principal$131,553
Down payment$32,888
Total interest paid$167,789

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 ratio1.22
Monthly cost to own$1,166
Monthly rent$956

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
77th percentile[1]
Rental yield
90th percentile[2]
Property tax
67th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 50314?
The typical home in 50314 is worth $164,442, based on the Zillow Home Value Index.
Are home values rising in 50314?
Home values in 50314 are up 2.6% over the past year, and up 6.1% a year over five years.
What is the typical rent in 50314?
A typical home in 50314 rents for about $956 a month, a gross rental yield of 7.0%.
What is the property tax rate in 50314?
The effective property tax rate in 50314 is 1.4% — roughly $2,373 a year on a typical home.
Who lives in 50314?
ZIP code 50314 has a population of 10,438 and a median household income of $39,950.

#Comparable ZIPs

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

  • Des Moines, IA

    Typical home
    $165,023
    Gross yield
    9.7%
  • Jamaica, IA

    Typical home
    $169,182
    Gross yield
  • Perry, IA

    Typical home
    $171,110
    Gross yield
    6.2%
  • Bagley, IA

    Typical home
    $156,888
    Gross yield
  • Coon Rapids, IA

    Typical home
    $177,312
    Gross yield
  • Des Moines, IA

    Typical home
    $187,804
    Gross yield
    8.2%

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

Compare ZIPs

Pit ZIP 50314 against any other ZIP — full side-by-side table.

Compare 50314

#Jump to section