U.S. ZIP Code · IA51301
Clay County
Appreciation
- 1-year
- +6.9%
- 5-year / yr
- +5.8%
- 10-year / yr
- +4.9%
Relative price
- vs U.S.
- -30.9%
- vs metro
- —
- vs state
- -4.1%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 51301 is worth $196,149. Over the past year, values have risen 6.9%. The effective property tax rate is 0.9%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Clay 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 Low
- Heat wave
- Very Low
- Hurricane
- Not Applicable
- Tornado
- Relatively Low
- Earthquake
- Very Low
- Winter weather
- Relatively Moderate
#Who lives here
#Migration
Household moves in and out of Clay County over a year, from IRS tax-return data.
- Net migration
- +9[5]
- Moved in
- 430
- Moved out
- 421
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 5
- Elementary
- 3
- Middle
- 1
- High
- 1
Spencer High School
High · Grades 9–12 · Spencer Comm School District
718 students
Spencer Middle School
Middle · Grades 6–8 · Spencer Comm School District
502 students
Lincoln Elementary School
Elementary · Grades 3–5 · Spencer Comm School District
462 students
Fairview Park Elementary
Elementary · Grades 1–2 · Spencer Comm School District
262 students
Johnson Elementary
Elementary · Grades PK–K · Spencer Comm School District
217 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 51301?
- The typical home in 51301 is worth $196,149, based on the Zillow Home Value Index.
- Are home values rising in 51301?
- Home values in 51301 are up 6.9% over the past year, and up 5.8% a year over five years.
- What is the property tax rate in 51301?
- The effective property tax rate in 51301 is 0.9% — roughly $1,857 a year on a typical home.
- Who lives in 51301?
- ZIP code 51301 has a population of 12,638 and a median household income of $63,402.
Compare ZIPs
Pit ZIP 51301 against any other ZIP — full side-by-side table.
#Jump to section