Olin, IA

Full City Profile · Iowa · Cedar County County

3.2 /5.0
B Good
849 Population 832/sq mi density
$67,120 Median Income $24,802 per capita
$98,500 Home Value $198,694 Zillow
$775 Median Rent 18.5% income on rent
48°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$67,120 median income, 14.8% unemployment
A+
Affordability
5.0 / 5.0
$98,500 home value, $775/mo rent
F
Education
1.4 / 5.0
5.1% bachelor's degree or higher

Olin, IA

At a Glance

Median Income
$67,120
11% below
$24,802 per capita
Home Value
$98,500
65% below
Zillow: $198,694
Median Rent
$775/mo
33% below
18.5% of income on rent
Bachelor's Degree+
5.1%
85% below
93.1% high school+
Unemployment
14.8%
311% above
4.6% poverty rate
Obesity Rate
40.7%
27% above
19.1% smoking rate
Avg Temperature
48°F

How Olin Compares to the U.S. Average

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

Income
89%
Home Value
35%
Rent
67%
Poverty
37%
Bachelor's
15%
Unemployment
411%
Thin vertical line = U.S. national average (100%)

Is Olin a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Olin residents earn a median household income of $67,120 , which is 11% below the national average of $75,149. Per capita income is $24,802. The unemployment rate stands at 14.8% (311% above the U.S. rate of 3.6%). 4.6% of residents live below the poverty line. The area is home to 588 business establishments, including 27 restaurants.

Housing & Cost of Living

The median home value in Olin is $98,500 , 65% below the national median of $281,900. Zillow estimates the typical home at $198,694. Median rent is $775/month, with 18.5% 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 1938.

Education

5.1% of adults in Olin hold a bachelor's degree or higher (85% below the national average). 93.1% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Olin has an average annual temperature of 48°F (9°C). Winters average 20°F in January while summers reach 72°F in July. Annual precipitation totals 39.3 inches.

Data Overview

People

Population849
Median Age33.0 yrs
Density832/mi²
Male / Female54% / 46%
Foreign Born0.2%
Veterans8.9%

Economy

B
Median Income$67,120
Per Capita$24,802
Unemployment14.8%
Poverty4.6%
County GDP$811M
Avg Weekly Wage$947

Housing

A+
Home Value$98,500
Rent$775
Ownership72.3%
Zillow$198,694
Housing Units317
Rent Burden18.5%

Health

Obesity40.7%
Diabetes10.1%
Smoking19.1%
Heart Disease6.2%
Premature Death6,019/100K

Climate

Avg Temp48°F
Rain39.3 in/yr
Elevation758 ft

Education

F
Bachelor's+5.1%
High School+93.1%
Graduate+0.4%
School Score5.7/10

Community

2024 VoteR 60% / D 38%
Commute35 min
Broadband75.4%
Internet Speed78 Mbps
EV Stations1
Libraries8

Did You Know?

The median home in Olin was built in 1938.
The nearest airport is Monticello Regional (15 miles).
The Gini coefficient (income inequality) is 0.381 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
18.7% of the population has a disability.
The county recorded 2 fatal vehicle crashes.