Iowa · Census place 70140
St. Olaf city, IA
Quick answer
St. Olaf city has 75 residents, ranking #898 of 1026 places in Iowa. Median household income is $88,750, the median home is worth $76,700 and median gross rent runs $775 a month.
- Population
- 75St. Olaf city residents
- Median household income
- $88,750Past 12 months, inflation adjusted
- Median home value
- $76,700Owner-occupied units
- Median gross rent
- $775Rent plus utilities, monthly
- Median age
- 49.7 yrsAll residents
- Homeownership rate
- 75.7%Owner-occupied households
What the numbers mean in St. Olaf city
Housing cost measured against local earnings.
A household earning the St. Olaf city median would spend about 10.5% 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 0.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.8% of residents and 75.7% 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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