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Home values, rents and more in ZIP code 50602 (Allison, IA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$169,000
Iowa: $237,000 · U.S.: $366,000
Home values, past year
+4.3%
Iowa: +3.3% · U.S.: +1.2%
Population
1,254
ACS 2020–24
Median household income
$67,188
Iowa: $75,059 · U.S.: $80,734
ZIP codes around 50602, shaded by typical home value506025063650619506015066550604506255067050433506605061150605
  • Under $160k
  • $160k–$180k
  • $180k–$210k
  • $210k–$230k
  • $230k+
  • No data
ZIP codes around 50602, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 50602 is outlined.

How 50602 compares

The typical home in ZIP code 50602 (Allison, IA) is worth about $169,000, according to the Zillow Home Value Index for September 2026. Home values in 50602 are 28% below the typical value in Iowa ($237,000) and 54% below the U.S. typical value ($366,000).

Over the past year, home values in 50602 rose 4.3%, compared with +3.3% in Iowa and +1.2% nationally.

The median household income is $67,188, against $75,059 in Iowa and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,254 people live in 50602 (American Community Survey 2020–24).

50602 has the 212th-lowest typical home value of the 824 ZIP codes in Iowa with Zillow figures.

Part of: Allison, IA · Butler County, IA · Iowa

More for 50602 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 50602 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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