Living in St. Olaf, Iowa
Cost of living, income, home prices, rent and demographics of St. Olaf · Census data 2020–2024
St. Olaf has 76 residents with a median age of 51.5. The median household income is $98,125 (31% higher than the Iowa median), the median home value is $84,000, the median rent is $775/month.
St. Olaf is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
St. Olaf at a glance
- Population
- 76
- Median age
- 51.5State: 38.6
- Median household income
- $98,125State: $75,059
- Median home value
- $84,000State: $208,000
- Median rent
- $775/moState: $972
- Homeowners
- 76.9%
- Bachelor's degree or higher
- 12.5%
- Average commute
- 19 min
Is St. Olaf a good place to live?
Pros: Median household income 31% higher than the Iowa median; home values 60% lower than the state median; an average commute of 19 minutes; a poverty rate of 8.1%.
Cons: Unemployment of 5.7%.
The weather is best in June to September.
Cost of living in St. Olaf
Housing is the biggest part of the cost of living. In St. Olaf the median home value is $84,000, 75% lower than the U.S. median. Renters pay a median of $775 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,156 a month in housing costs.
St. Olaf median household income
The median household income in St. Olaf is $98,125 and the income per person is $45,601. 8.1% of residents live below the poverty line (Iowa: 11.1%).
Housing in St. Olaf: homes for sale and rent
- Housing units
- 46
- Owner-occupied
- 76.9%
- Renter-occupied
- 23.1%
- Vacant
- 15.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.95
St. Olaf demographics
- Population
- 76
- Median age
- 51.5
- Under 18
- 9.2%
- 65 and older
- 17.1%
- Households
- 39
- Foreign-born
- 0%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of St. Olaf ›
Education in St. Olaf
12.5% of adults 25 and older in St. Olaf have a bachelor's degree or higher (Iowa: 31.4%), and 7.8% have a graduate or professional degree.
Jobs and commute in St. Olaf
- Unemployment rate
- 5.7%State: 3.6%
- Average commute
- 19 minState: 20 min
- Work from home
- 0%
- Drive alone
- 90%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.9%
St. Olaf vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| St. Olaf | 76 | $98,125 | $84,000 | $775 |
| Farmersburg | 375 | $51,667 | $78,000 | $716 |
| Elkader | 1,293 | $62,857 | $143,200 | $859 |
| Monona | 1,531 | $74,286 | $140,800 | $1,070 |
| Garnavillo | 816 | $75,357 | $123,100 | $922 |
| Luana | 317 | $76,750 | $152,700 | $800 |
| Volga | 216 | $54,063 | $80,700 | — |
| McGregor | 719 | $57,361 | $161,100 | $615 |
| Elgin | 735 | $54,688 | $98,800 | $538 |
More for people moving to St. Olaf
St. Olaf ZIP code ›Weather and climate ›Living in St. Olaf: FAQ
What is the median household income in St. Olaf, IA?
The median household income in St. Olaf is $98,125, 31% higher 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 St. Olaf?
The median home value in St. Olaf is $84,000, compared with $208,000 in Iowa.
How much is rent in St. Olaf?
The median gross rent in St. Olaf is $775 per month, about 31.3% of household income.
Is St. Olaf, IA a good place to live?
Pluses: median household income 31% higher than the Iowa median; home values 60% lower than the state median; an average commute of 19 minutes; a poverty rate of 8.1%. Minuses: unemployment of 5.7%.
What is the median age in St. Olaf?
The median age in St. Olaf is 51.5 years (Iowa: 38.6).
How long is the commute in St. Olaf?
The average commute to work in St. Olaf is 19 minutes; 0% of workers work from home.
What is the unemployment rate in St. Olaf?
The unemployment rate in St. Olaf is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is St. Olaf?
12.5% of adults in St. Olaf 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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