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ZipNumbers

Iowa · Census place 58980

Olin city, IA

Quick answer

Olin city has 849 residents, ranking #330 of 1026 places in Iowa. Median household income is $67,120, the median home is worth $98,500 and median gross rent runs $775 a month.

Population
849Olin city residents
Median household income
$67,120Past 12 months, inflation adjusted
Median home value
$98,500Owner-occupied units
Median gross rent
$775Rent plus utilities, monthly
Median age
33 yrsAll residents
Homeownership rate
72.3%Owner-occupied households

What the numbers mean in Olin city

Housing cost measured against local earnings.

A household earning the Olin city median would spend about 13.9% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.7% of residents and 72.3% 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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