ZCTA5 50516

ZIP 50516

ZIP Code Tabulation Area. Census demographic and economic indicators for 50516, drawn from the American Community Survey 5-year estimates.

Data updated 2026-07-29

708
Population
$69,844
Median income
$116,800
Median home

What ZIP 50516 actually tells you, and what it doesn't

The 50516 ZIP Code Tabulation Area reports a population of 708 with a median household income of $69,844, a median home value of $116,800, and median rent of $709 per month. The median age is 43.6 years, poverty rate 3.4%, unemployment 3.3%, and 23.4% of adults hold a bachelor's degree or higher. These six numbers, income, home value, rent, age, poverty, education, are the Census Bureau's most-requested per-ZCTA fields and together sketch the economic and life-stage profile of the area more reliably than any single one on its own.

A critical caveat: ZIP Code Tabulation Areas are not the ZIP codes the USPS uses for mail delivery. ZCTAs are Census geographies built to approximate the most common ZIP in each block; they can cover a slightly different footprint, omit point-address ZIPs assigned to high-volume mail recipients, and change boundaries between decennial censuses. For demographic reporting this distinction rarely matters, but for address-level applications, insurance quoting, school-zone lookups, municipal service boundaries, the ZCTA should be treated as an approximation, not as the authoritative USPS boundary.

The numbers on this page come from the American Community Survey 5-year estimates, which average data collected over 60 months. That smoothing is why ACS is durable for ZIPs with small populations but also why it lags real-time shifts, a rapidly gentrifying 50516 will show median income catching up to street-level reality two to three years after the fact. For short-horizon decisions, read these as structural context; for long-horizon decisions (buying, schooling, retirement siting), they are the stronger signal precisely because they are not noisy.

Population
708
Median Income
$69,844
Home Value
$116,800
Median Rent
$709

Demographics & Economics

Demographic and economic indicators for ZIP code 50516
Indicator Value Source
Population 708 ACS 2022
Median Household Income $69,844 ACS 2022
Median Home Value $116,800 ACS 2022
Median Rent $709/mo ACS 2022
Median Age 43.6 ACS 2022
Poverty Rate 3.4% ACS 2022
Unemployment Rate 3.3% ACS 2022
Bachelor's Degree+ 23.4% ACS 2022

Nearby ZIP Codes 8

Data Sources

Data from the Census Bureau American Community Survey (2022 5-year estimates) by ZIP Code Tabulation Area (ZCTA). Geographic boundaries from the U.S. Census Bureau TIGER/Line shapefiles.