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Oldenburg, IN

Full City Profile · Indiana · Franklin County County

3.9 /5.0
B+ Good
746 Population 1,735/sq mi density
$77,692 Median Income $38,878 per capita
$254,000 Home Value $299,863 Zillow
$650 Median Rent 27.8% income on rent
54°F Avg Temperature 293 sunny days/yr
263 Violent Crime/100K 644 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$77,692 median income, 0.5% unemployment
A+
Affordability
4.8 / 5.0
$254,000 home value, $650/mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
A+
Education
5.0 / 5.0
51.8% bachelor's degree or higher

Oldenburg, IN

At a Glance

Median Income
$77,692
3% above
$38,878 per capita
Home Value
$254,000
10% below
Zillow: $299,863
Median Rent
$650/mo
44% below
27.8% of income on rent
Violent Crime
263/100K
31% below
644/100K property
Bachelor's Degree+
51.8%
54% above
95.7% high school+
Unemployment
0.5%
86% below
3.1% poverty rate
Obesity Rate
39.5%
23% above
14.7% smoking rate
Avg Temperature
54°F
293 sunny days/yr

How Oldenburg Compares to the U.S. Average

Each bar shows Oldenburg's value as a percentage of the national average (100% = U.S. avg)

Income
103%
Home Value
90%
Rent
56%
Poverty
25%
Bachelor's
154%
Unemployment
14%
Crime
69%
Thin vertical line = U.S. national average (100%)

Is Oldenburg a Good Place to Live?

B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oldenburg residents earn a median household income of $77,692 , which is 3% above the national average of $75,149. Per capita income is $38,878. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 3.1% of residents live below the poverty line. The area is home to 366 business establishments, including 48 restaurants.

Housing & Cost of Living

The median home value in Oldenburg is $254,000 , 10% below the national median of $281,900. Zillow estimates the typical home at $299,863. Median rent is $650/month, with 27.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1964.

Safety & Crime

Oldenburg reports 263 violent crimes per 100,000 residents , which is 31% below the national average of 380/100K. Property crime is 644/100K.

Education

51.8% of adults in Oldenburg hold a bachelor's degree or higher (54% above the national average). 95.7% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Oldenburg has an average annual temperature of 54°F (12°C). Winters average 29°F in January while summers reach 75°F in July. The area gets 293 sunny days per year. Annual precipitation totals 43.8 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population746
Median Age39.5 yrs
Density1,735/mi²
Male / Female41% / 60%
Foreign Born13.6%
Veterans2.4%

Economy

A+
Median Income$77,692
Per Capita$38,878
Unemployment0.5%
Poverty3.1%
County GDP$773M
Avg Weekly Wage$858

Housing

A+
Home Value$254,000
Rent$650
Ownership71.0%
Zillow$299,863
Housing Units235
Rent Burden27.8%

Crime

F
Violent263/100K
Property644/100K

Health

Obesity39.5%
Diabetes9.7%
Smoking14.7%
Heart Disease4.9%
Premature Death8,835/100K

Climate

Avg Temp54°F
Sunny Days293/yr
Rain43.8 in/yr
AQI41 (Good)
Elevation877 ft

Education

A+
Bachelor's+51.8%
High School+95.7%
Graduate+27.5%
School Score5.7/10

Community

2024 VoteR 82% / D 17%
Commute24 min
Broadband85.1%
Internet Speed64 Mbps
EV Stations2
Libraries2

Did You Know?

Oldenburg was founded in 1837.
The median home in Oldenburg was built in 1964.
The nearest airport is Cincinnati/Northern Kentucky International (35 miles).
The Gini coefficient (income inequality) is 0.407 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
20.6% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 3 fatal vehicle crashes.