Median Income
$48,500
35% lower than US avg
Home Value
$137,500
51% lower than US avg
Bachelor's+
9.1%
73% lower than US avg
Median Rent
$770
34% lower than US avg
Obesity Rate
38.8%
21% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
9.5%
23% lower than US avg
How Olds Compares to the U.S. Average (100% = U.S. avg)
People
Population75
Median Age49.3 yrs
Density221/mi²
Male / Female52% / 48%
Largest GroupWhite 95%
Veterans71.0%
Economy
B+
Median Income$48,500
Per Capita$38,328
Unemployment0.0%
Poverty9.5%
County GDP$930M
Commute25 min
Housing
A+
Home Value$137,500
Rent$770
Ownership43.5%
Zillow$134,645
Rent Burden23.0%
Health
Obesity38.8%
UninsuredN/A
Depression21.3%
Heart Disease5.4%
Climate
Avg Temp49°F
AQI43 (Good)
Rain37.9 in/yr
Elevation731 ft
Education
D
Bachelor's+9.1%
High School+90.9%
School Score5.73
Community
2024 VoteR 70% / D 29%
Commute25 min
Broadband46.0%
Libraries4
Is Olds a Good Place to Live?
Based on current data, Olds receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes, high obesity rates. Olds offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Olds is $48,500, 35% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. 9.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in Olds is $137,500, 51% below the national median — offering relatively affordable homeownership. Renters pay a median of $770 per month, below the national average — a plus for affordability. At just 2.8x median income, home prices are very affordable relative to local earnings.
Education
9.1% of residents hold a bachelor's degree, below the national average of 33.7%. 90.9% have completed high school. Area schools have an average test score of 5.7/10.
Climate & Weather
Olds experiences four distinct seasons with an average temperature of 49°F. Winters average 21°F in January while summers reach 74°F in July. Annual precipitation totals 37.9 inches, including 25.2 inches of snow. Air quality is rated Good with a median AQI of 43.
Olds has a population of 75 with a density of 221 people per square mile. The median age is 49.3 years, 27% older than the national median of 38.9. The city is predominantly White (94.7%), with 5.3% Black.
Population
49.3yrs
Median Age
27% above US avg
Language Spoken at Home
| English Only | 95.9% |
| 22% above US avg |
| Spanish | 4.1% |
| 69% below US avg |
The median household income in Olds is $48,500, which is 35% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 9.5% of residents live below the poverty line. Workers commute an average of 25 minutes.
Income
| Median HH Income | $48,500 |
| 35% below US avg |
| Per Capita Income | $38,328 |
| Avg Weekly Wage | $1,007 |
| IRS Avg AGI | $67,697 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 9.5% |
| 23% below US avg |
| Establishments (County) | 281 |
| County GDP | $930M |
Business (County)
| Restaurants | 12 |
| Healthcare | 22 |
| Retail | 24 |
| Manufacturing | 12 |
Tax & Cost of Living
| Property Tax (IRS) | $2,750 |
| 21% below US avg |
| Effective Tax Rate | 2.00% |
Commute & Transportation
| Commute Time | 25.4 min |
| Drive Alone | 100.0% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Olds is $137,500, 51% below the national average. Monthly rent averages $770 (34% below US avg). 43.5% of homes are owner-occupied. Zillow estimates the typical home value at $134,645.
Home Values
| Census Median | $137,500 |
| 51% below US avg |
| Zillow ZHVI | $134,645 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $770 |
| 34% below US avg |
| Rent Burden | 23.0% |
HUD Fair Market Rent
| Studio | $738 |
| 1 Bedroom | $788 |
| 2 Bedrooms | $989 |
| 3 Bedrooms | $1,282 |
| 4 Bedrooms | $1,420 |
Ownership & Property
| Homeownership | 43.5% |
| Owner-Occupied | 43.5% |
Property Tax
| Avg Tax (IRS) | $2,750 |
| 21% below US avg |
| Effective Rate | 2.00% |
In Olds, 38.8% of adults are obese (above the 32.1% national rate). 21.3% report depression. 23.3% are physically inactive.
Health Metrics: Olds vs U.S. Average (%)
Chronic Conditions
| Obesity | 38.8% |
| 21% above US avg |
| Diabetes | 9.9% |
| Heart Disease | 5.4% |
| High Blood Pressure | 31.7% |
| Asthma | 9.9% |
| COPD | 6.0% |
| Stroke | 2.8% |
Behaviors & Mental Health
| |
| Binge Drinking | 22.9% |
| Physical Inactivity | 23.3% |
| Depression | 21.3% |
| Mental Distress | 17.5% |
| Physical Distress | 11.9% |
Healthcare Access
| Insurance Rate | 92.0% |
| |
| Checkup Rate | 74.7% |
| Premature Death | 6,584/100K |
Food & Exercise
| Food Environment | 9.0/10 |
| Exercise Access | 59.0% |
| Healthcare Facilities | 22 |
Crime Rates: Olds vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 1 |
Safety Score
Olds has an average annual temperature of 49°F (10°C). Winters average 21°F in January while summers reach 74°F in July. Annual precipitation is 37.9 inches. Air quality is rated Good with a median AQI of 43.
Temperature
21°F Jan (-6°C)
74°F Jul (23°C)
| Annual Average | 49.3°F |
| 9% below US avg |
| January Average | 21°F (-6°C) |
| July Average | 74°F (23°C) |
Precipitation & Snow
| Annual Rainfall | 37.9 inches |
| 0% below US avg |
| Snowfall | 25.2 inches/yr |
Air Quality
| AQI Median | 43.0 |
| Rating | Good |
Geography
| Elevation | 731 ft (223 m) |
| Area | 0.3 sq mi (0.9 km²) |
| Population Density | 221/sq mi |
| Coordinates | 41.1343°N, 91.5440°W |
| Timezone | America/Chicago |
| County FIPS | 19115 |