Living in Olin, Iowa
Cost of living, income, home prices, rent and demographics of Olin · Census data 2020–2024
Olin has 830 residents with a median age of 32.6. The median household income is $51,932 (31% lower than the Iowa median), the median home value is $108,500, the median rent is $788/month.
Olin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Olin at a glance
- Population
- 830
- Median age
- 32.6State: 38.6
- Median household income
- $51,932State: $75,059
- Median home value
- $108,500State: $208,000
- Median rent
- $788/moState: $972
- Homeowners
- 66.6%
- Bachelor's degree or higher
- 7.4%
- Average commute
- 38 min
Is Olin a good place to live?
Pros: Home values 48% lower than the state median.
Cons: Median household income 31% lower than the Iowa median; an average commute of 38 minutes; unemployment of 21.4%; a poverty rate of 20%.
The weather is best in June to September.
Cost of living in Olin
Housing is the biggest part of the cost of living. In Olin the median home value is $108,500, 67% lower than the U.S. median. Renters pay a median of $788 per month, which is 28.5% of household income. Homeowners with a mortgage pay $1,141 a month in housing costs.
Olin median household income
The median household income in Olin is $51,932 and the income per person is $23,200. 20% of residents live below the poverty line (Iowa: 11.1%).
Housing in Olin: homes for sale and rent
- Housing units
- 332
- Owner-occupied
- 66.6%
- Renter-occupied
- 33.4%
- Vacant
- 13.6%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.89
Olin demographics
- Population
- 830
- Median age
- 32.6
- Under 18
- 15.2%
- 65 and older
- 10.8%
- Households
- 287
- Foreign-born
- 0.2%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Olin ›
Education in Olin
7.4% of adults 25 and older in Olin have a bachelor's degree or higher (Iowa: 31.4%), and 1.1% have a graduate or professional degree.
Jobs and commute in Olin
- Unemployment rate
- 21.4%State: 3.6%
- Average commute
- 38 minState: 20 min
- Work from home
- 6.6%
- Drive alone
- 64.5%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 77%
Olin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olin | 830 | $51,932 | $108,500 | $788 |
| Stanwood | 533 | $63,264 | $145,000 | $945 |
| Wyoming | 525 | $73,000 | $105,700 | $930 |
| Center Junction | 126 | $26,528 | $58,900 | — |
| Mechanicsville | 964 | $70,000 | $161,400 | — |
| Clarence | 1,166 | $56,250 | $154,300 | $888 |
| Oxford Junction | 461 | $37,969 | $72,500 | $768 |
| Onslow | 284 | $65,313 | $100,000 | $1,250 |
| Anamosa | 5,629 | $60,650 | $172,600 | $966 |
More for people moving to Olin
Olin ZIP code ›Weather and climate ›Living in Olin: FAQ
What is the median household income in Olin, IA?
The median household income in Olin is $51,932, 31% 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 Olin?
The median home value in Olin is $108,500, compared with $208,000 in Iowa.
How much is rent in Olin?
The median gross rent in Olin is $788 per month, about 28.5% of household income.
Is Olin, IA a good place to live?
Pluses: home values 48% lower than the state median. Minuses: median household income 31% lower than the Iowa median; an average commute of 38 minutes; unemployment of 21.4%; a poverty rate of 20%.
What is the median age in Olin?
The median age in Olin is 32.6 years (Iowa: 38.6).
How long is the commute in Olin?
The average commute to work in Olin is 38 minutes; 6.6% of workers work from home.
What is the unemployment rate in Olin?
The unemployment rate in Olin is 21.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olin?
7.4% of adults in Olin 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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