Red Oak, IA

Full City Profile · Iowa · Montgomery County County

2.9 /5.0
C+ Fair
5,542 Population 1,410/sq mi density
$52,996 Median Income $30,150 per capita
$91,600 Home Value $138,421 Zillow
$768 Median Rent 32.6% income on rent
51°F Avg Temperature
277 Violent Crime/100K 960 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$52,996 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$91,600 home value, $768/mo rent
F
Safety
1.0 / 5.0
277 violent crimes/100K
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher

Income Overview

Median Household Income
$52,996
29% below
US avg: $75,149
Per Capita Income
$30,150
23% below
US avg: $39,052
Unemployment Rate
3.9%
8% above
US avg: 3.6%
Poverty Rate
12.7%
2% above
US avg: 12.4%

Income Comparison: Red Oak vs. U.S. Average

Each bar shows Red Oak’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$52,996
71%
Per Capita
US: $39,052
$30,150
77%
IRS Avg AGI
US: $72,000
$66,041
92%
Avg Weekly Wage
US: $1,432
$988
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$988
31% below US avg ($1,432)
Mean Commute Time
19 min
31% below US avg (28 min)
Work From Home
10.1%
34% below US avg (15.2%)
Drive Alone
79.4%
8% above US avg (73.2%)
Public Transit
0.5%
90% below US avg (5.0%)
County GDP
$557M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 79.4%
Public Transit 0.5%
Work From Home 10.1%
Other 10%
Average commute time
19 minutes
US avg: 28 min

Business Landscape

Total Establishments
378
Restaurants
24
Healthcare
34
Retail
42
Manufacturing
14

Tax & Financial

IRS Avg Adjusted Gross Income
$66,041
8% below US avg ($72,000)
Avg Property Tax
$3,715
6% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$52,996
Per Capita Income$30,150
IRS Avg Adjusted Gross Income$66,041
Avg Weekly Wage$988
County GDP$557M

Hardship Indicators

Unemployment Rate3.9%
Poverty Rate12.7%
Gini Coefficient0.474
Cost of Living Index87.8

Commute

Mean Commute19 minutes
Drive Alone79.4%
Public Transit0.5%
Work From Home10.1%

Businesses

Total Establishments378
Restaurants24
Healthcare34
Retail42
Manufacturing14

Tax

IRS Avg AGI$66,041
Avg Property Tax$3,715