Oakland Acres, IA
Full City Profile · Iowa · Poweshiek County County
Oakland Acres, IA
At a Glance
How Oakland Acres Compares to the U.S. Average
Each bar shows Oakland Acres's value as a percentage of the national average (100% = U.S. avg)
Is Oakland Acres a Good Place to Live?
Economy & Jobs
Oakland Acres residents earn a median household income of $111,250 , which is 48% above the national average of $75,149. Per capita income is $57,234. The unemployment rate stands at 1.0% (72% below the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 699 business establishments, including 47 restaurants.
Housing & Cost of Living
The median home value in Oakland Acres is $248,800 , 12% below the national median of $281,900. Zillow estimates the typical home at $211,926. Median rent is $1,500/month, with 13.3% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1981.
Education
42.7% of adults in Oakland Acres hold a bachelor's degree or higher (27% above the national average). 96.8% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Oakland Acres has an average annual temperature of 48°F (9°C). Winters average 19°F in January while summers reach 73°F in July. Annual precipitation totals 38.2 inches.