Iowa · Census place 58890
Olds city, IA
Quick answer
Olds city has 75 residents, ranking #896 of 1026 places in Iowa. Median household income is $48,500, the median home is worth $137,500 and median gross rent runs $770 a month.
- Population
- 75Olds city residents
- Median household income
- $48,500Past 12 months, inflation adjusted
- Median home value
- $137,500Owner-occupied units
- Median gross rent
- $770Rent plus utilities, monthly
- Median age
- 49.3 yrsAll residents
- Homeownership rate
- 43.5%Owner-occupied households
What the numbers mean in Olds city
Housing cost measured against local earnings.
A household earning the Olds city median would spend about 19.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 43.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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