Living in Oakville, Iowa

Cost of living, income, home prices, rent and demographics of Oakville · Census data 2020–2024

Oakville has 204 residents with a median age of 47.6. The median household income is $63,750 (15% lower than the Iowa median), the median home value is $77,500, the median rent is $850/month.

Oakville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Oakville at a glance

Population
204
Median age
47.6State: 38.6
Median household income
$63,750State: $75,059
Median home value
$77,500State: $208,000
Median rent
$850/moState: $972
Homeowners
89.4%
Bachelor's degree or higher
2.2%
Average commute
26 min

Is Oakville a good place to live?

Pros: Home values 63% lower than the state median; unemployment of 3.3%.

Cons: Median household income 15% lower than the Iowa median; an average commute of 26 minutes; a poverty rate of 22.1%.

The weather is best in May–June and August–September.

Cost of living in Oakville

Housing is the biggest part of the cost of living. In Oakville the median home value is $77,500, 77% lower than the U.S. median. Renters pay a median of $850 per month, which is 16.7% of household income. Homeowners with a mortgage pay $1,148 a month in housing costs.

Median home value

Oakville$77,500
Iowa$208,000
United States$332,700

Median monthly rent

Oakville$850
Iowa$972
United States$1,413

Oakville median household income

The median household income in Oakville is $63,750 and the income per person is $25,340. 22.1% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Oakville$63,750
Iowa$75,059
United States$80,734

Housing in Oakville: homes for sale and rent

Housing units
86
Owner-occupied
89.4%
Renter-occupied
10.6%
Vacant
1.2%Includes seasonal homes
Median year built
1966
Average household size
2.40

Oakville demographics

Population
204
Median age
47.6
Under 18
26%
65 and older
12.3%
Households
85
Foreign-born
0.5%
Veterans
12.6%Adults 18+

Race and ethnicity

White89.7%
Hispanic or Latino2.5%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Oakville ›

Education in Oakville

2.2% of adults 25 and older in Oakville have a bachelor's degree or higher (Iowa: 31.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Oakville2.2%
Iowa31.4%
United States35.7%

Jobs and commute in Oakville

Unemployment rate
3.3%State: 3.6%
Average commute
26 minState: 20 min
Work from home
4.5%
Drive alone
76.4%
Public transit
0%
Walk to work
5.6%
Homes with broadband
84.7%

Oakville vs nearby towns

TownPopulationMedian incomeHome valueRent
Oakville204$63,750$77,500$850
New Boston648$60,662$95,400$484
Keithsburg490$44,625$65,900$607
Mediapolis1,928$75,543$179,700$1,040
Wapello1,765$72,708$143,900$711
Morning Sun802$56,350$102,200$869
Joy387$56,250$76,100$965
Oquawka1,059$53,929$92,000$445
Seaton228$60,625$109,200$1,097

More for people moving to Oakville

Oakville ZIP code ›Weather and climate ›

Living in Oakville: FAQ

What is the median household income in Oakville, IA?

The median household income in Oakville is $63,750, 15% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oakville?

The median home value in Oakville is $77,500, compared with $208,000 in Iowa.

How much is rent in Oakville?

The median gross rent in Oakville is $850 per month, about 16.7% of household income.

Is Oakville, IA a good place to live?

Pluses: home values 63% lower than the state median; unemployment of 3.3%. Minuses: median household income 15% lower than the Iowa median; an average commute of 26 minutes; a poverty rate of 22.1%.

What is the median age in Oakville?

The median age in Oakville is 47.6 years (Iowa: 38.6).

How long is the commute in Oakville?

The average commute to work in Oakville is 26 minutes; 4.5% of workers work from home.

What is the unemployment rate in Oakville?

The unemployment rate in Oakville is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oakville?

2.2% of adults in Oakville 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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