HousingHandbookReference data

U.S. ZIP Code · IA50669

Grundy County · Waterloo-Cedar Falls, IA

Typical home value

$188,755[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+6.8%
10-year / yr
+5.5%

Relative price

vs U.S.
-33.6%
vs metro
-13.8%
vs state
-7.8%
ZIP 50669 location in IA
Location of ZIP 50669 in IA

Price history

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

The typical home in 50669 is worth $188,755 — 13.8% below the Waterloo-Cedar Falls, IA median. Over the past year, values have risen 5.4%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$2,046[3]

#Climate risk

FEMA National Risk Index ratings for Grundy 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 Moderate
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
2,439[3]
Median household income
$81,650[3]

#Migration

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

Net migration
-39[5]
Moved in
285
Moved out
324

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • Gladbrook-Reinbeck Elementary School

    Elementary · Grades PK–6 · Gladbrook-Reinbeck Comm School District

    257 students

  • Gladbrook-Reinbeck Jr. High & High School

    High · Grades 7–12 · Gladbrook-Reinbeck Comm School District

    197 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$954
Loan principal$151,004
Down payment$37,751
Total interest paid$192,597

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$1,282
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
92nd percentile[1]
Rental yield
[2]
Property tax
29th percentile[3]

Frequently asked

How much is a home worth in ZIP code 50669?
The typical home in 50669 is worth $188,755, based on the Zillow Home Value Index.
Are home values rising in 50669?
Home values in 50669 are up 5.4% over the past year, and up 6.8% a year over five years.
What is the property tax rate in 50669?
The effective property tax rate in 50669 is 1.1% — roughly $2,046 a year on a typical home.
Who lives in 50669?
ZIP code 50669 has a population of 2,439 and a median household income of $81,650.

#Comparable ZIPs

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

  • Waterloo, IA

    Typical home
    $186,094
    Gross yield
    6.3%
  • Grundy Center, IA

    Typical home
    $193,504
    Gross yield
  • Tripoli, IA

    Typical home
    $171,490
    Gross yield
  • Sumner, IA

    Typical home
    $206,393
    Gross yield
  • Holland, IA

    Typical home
    $211,499
    Gross yield
  • Beaman, IA

    Typical home
    $212,424
    Gross yield

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