Living in Oldenburg, Indiana
Cost of living, income, home prices, rent and demographics of Oldenburg · Census data 2020–2024
Oldenburg has 770 residents with a median age of 39.8. The median household income is $79,583 (11% higher than the Indiana median), the median home value is $276,100, the median rent is $681/month.
Oldenburg is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oldenburg at a glance
- Population
- 770
- Median age
- 39.8State: 38.1
- Median household income
- $79,583State: $71,957
- Median home value
- $276,100State: $218,200
- Median rent
- $681/moState: $1,062
- Homeowners
- 70.8%
- Bachelor's degree or higher
- 51.8%
- Average commute
- 22 min
Is Oldenburg a good place to live?
Pros: Median household income 11% higher than the Indiana median; an average commute of 22 minutes; unemployment of 0.9%.
Cons: Home values 27% higher than the state median; a poverty rate of 18.6%.
The weather is best in May–June and August–September.
Cost of living in Oldenburg
Housing is the biggest part of the cost of living. In Oldenburg the median home value is $276,100, 17% lower than the U.S. median. Renters pay a median of $681 per month, which is 29.7% of household income. Homeowners with a mortgage pay $1,585 a month in housing costs.
Oldenburg median household income
The median household income in Oldenburg is $79,583 and the income per person is $39,185. 18.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Oldenburg: homes for sale and rent
- Housing units
- 231
- Owner-occupied
- 70.8%
- Renter-occupied
- 29.2%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.88
Oldenburg demographics
- Population
- 770
- Median age
- 39.8
- Under 18
- 28.1%
- 65 and older
- 31.8%
- Households
- 219
- Foreign-born
- 0%
- Veterans
- 2.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Oldenburg ›
Education in Oldenburg
51.8% of adults 25 and older in Oldenburg have a bachelor's degree or higher (Indiana: 29.5%), and 28.6% have a graduate or professional degree.
Jobs and commute in Oldenburg
- Unemployment rate
- 0.9%State: 4.3%
- Average commute
- 22 minState: 24 min
- Work from home
- 13.7%
- Drive alone
- 80.5%
- Public transit
- 0%
- Walk to work
- 3.7%
- Homes with broadband
- 84%
Oldenburg vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oldenburg | 770 | $79,583 | $276,100 | $681 |
| Batesville | 7,282 | $62,292 | $225,400 | $847 |
| Morris | 587 | $65,296 | $224,100 | — |
| New Point | 201 | $60,000 | $122,500 | $1,219 |
| Lake Santee | 820 | $158,140 | $245,500 | — |
| Sunman | 1,247 | $73,413 | $194,500 | $916 |
| Napoleon | 205 | $63,125 | $162,500 | $603 |
| Laurel | 444 | $27,692 | $72,900 | $956 |
| Brookville | 2,643 | $55,938 | $180,700 | $818 |
More for people moving to Oldenburg
Oldenburg ZIP code ›Weather and climate ›Living in Oldenburg: FAQ
What is the median household income in Oldenburg, IN?
The median household income in Oldenburg is $79,583, 11% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oldenburg?
The median home value in Oldenburg is $276,100, compared with $218,200 in Indiana.
How much is rent in Oldenburg?
The median gross rent in Oldenburg is $681 per month, about 29.7% of household income.
Is Oldenburg, IN a good place to live?
Pluses: median household income 11% higher than the Indiana median; an average commute of 22 minutes; unemployment of 0.9%. Minuses: home values 27% higher than the state median; a poverty rate of 18.6%.
What is the median age in Oldenburg?
The median age in Oldenburg is 39.8 years (Indiana: 38.1).
How long is the commute in Oldenburg?
The average commute to work in Oldenburg is 22 minutes; 13.7% of workers work from home.
What is the unemployment rate in Oldenburg?
The unemployment rate in Oldenburg is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oldenburg?
51.8% of adults in Oldenburg have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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