ZIP Code 50848 — Gravity city, IA Demographics & Data

ZIP code 50848 covers Gravity, IA in Taylor County with a population of about 251.

At a glance, the area shows median age of 42.1 versus a U.S. median of about 38.9.

It sits in telephone area code 712; U.S. House district IA-3; the DES MOINES - AMES media market.

Median household income in ZIP 50848 is about $54,500 — about 27% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 15.5%; unemployment rate near 0.0%; 11.8% of adults with a bachelor’s degree or higher (about 21.9 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Agriculture, Food services, and Education; about 4.3% of workers reporting work-from-home (about 10.9 points below the U.S. share (15.2%)); a mean commute of about 134.0 minutes (U.S. average near 26.8).

Median home value is about $73,100 — about 79% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $475 (about 59% below the U.S. median rent ($1,163)), and owner-occupancy near 75.0% (about 9.6 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 50848 in Gravity, IA, a household would need roughly $20,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $470. That sits below the local median household income ($54,500), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Gravity city, IA as Very Low (composite score 38.5), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (36.5) and flood (20.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Gravity city, IA show little to no average snow and around 38.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 14 for ZIP 50848 (Gravity city, IA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.