At a Glance
Median Income
$48,500
$38,328 per capita
Home Value
$137,500
Zillow: $148,044
Median Rent
$770/mo
23.0% of income on rent
Bachelor's Degree+
9.1%
90.9% high school+
Unemployment
0.0%
9.5% poverty rate
Obesity Rate
38.8%
15.8% smoking rate
How Olds Compares to the U.S. Average
Each bar shows Olds's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Olds a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Olds residents earn a median household income of $48,500 , which is 35% below the national average of $75,149.
Per capita income is $38,328. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 9.5% of residents live below the poverty line. The area is home to 281 business establishments, including 12 restaurants.
Housing & Cost of Living
The median home value in Olds is $137,500 , 51% below the national median of $281,900.
Zillow estimates the typical home at $148,044. Median rent is $770/month, with 23.0% 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 1956.
Education
9.1% of adults in Olds hold a bachelor's degree or higher
(73% below the national average).
90.9% have completed high school. Local schools score 4.9/10 in standardized testing.
Climate & Weather
Olds has an average annual temperature of 50°F (10°C).
Winters average 22°F in January while summers reach 74°F in July. Annual precipitation totals 38.4 inches.
Data Overview
People
Population75
Median Age49.3 yrs
Density221/mi²
Male / Female52% / 48%
Foreign Born0.0%
Veterans7.0%
Economy
B+
Median Income$48,500
Per Capita$38,328
Unemployment0.0%
Poverty9.5%
County GDP$930M
Avg Weekly Wage$1,007
Housing
A+
Home Value$137,500
Rent$770
Ownership43.5%
Zillow$148,044
Housing Units80
Rent Burden23.0%
Health
Obesity38.8%
Diabetes9.9%
Smoking15.8%
Heart Disease5.4%
Premature Death6,584/100K
Climate
Avg Temp50°F
Rain38.4 in/yr
Elevation731 ft
Education
D
Bachelor's+9.1%
High School+90.9%
Graduate+18.3%
School Score4.9/10
Community
2024 VoteR 70% / D 29%
Commute25 min
Broadband93.5%
Internet Speed48 Mbps
EV Stations3
Libraries4
Did You Know?
The median home in Olds was built in 1956.
The nearest airport is Southeast Iowa Regional (33 miles).
The Gini coefficient (income inequality) is 0.426 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
16.0% of the population has a disability.
The county recorded 1 fatal vehicle crashes.