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CITY

Olds

Iowa · 165 residents (2025 est.) · 0.341 sq mi
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The short version

Olds has notably lower household income than the US average, with a median household income of $49,375. Population has fallen 71% since 2000, a loss of 177 residents. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $116,700. With a median age of 47.5, the population is older than the US median of 38.9. Households here earn about 34% less than the Iowa median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.5
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Less affordable
home values up 28%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
72
−71%since 2000
from 249 in 2000
1990 – 2025
Population density
211 / sq mi
−71%since 2000
from 730 / sq mi in 2000
US average: 281
Median age
47.5
+53%since 2000
from 31.1 in 2000
US average: 38.9

PEP 2025 EST:165 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
541071612142671990201020202024Olds
202472
1990201020202024
Section 02

Income & economy

Median household income
$49,375
−15%inflation adjusted, since 2000
from $31,875 in 2000
US average: $82,259
1990 – 2024
Per capita income
$41,225
+200%since 2000
from $13,760 in 2000
US average: $44,673
Households earning $100K+
32.6%
+10.1 ptssince 2009
from 22.5% in 2009
US average: 53.3%
Poverty rate
9.7%
+0.7 ptssince 2000
from 9.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.355
−6%since 2010
from 0.376 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade21.2%
US avg: 9.9%
Wholesale trade19.2%
US avg: 6.9%
Information9.6%
US avg: 10.8%
Finance & insurance7.7%
US avg: 5.9%
Professional, scientific, technical7.7%
US avg: 5.1%
Other services5.8%
US avg: 6.7%
Public administration5.8%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$116,700
+28%inflation adjusted, since 2000
from $50,000 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$773
Unchangedinflation adjusted, since 2000
from $423 in 2000
US average: $1,442
Owner-occupied
46.5%
−21.1 ptssince 2000
from 67.6% in 2000
53.5% rent
Vacancy rate
8.5%
+1.2 ptssince 2009
from 7.3% in 2009
US average: 10.0%
Owner cost-burdened
15.0%
−8.5 ptssince 2009
from 23.5% in 2009
US average: 22.9%
Renter cost-burdened
4.3%
−19.5 ptssince 2009
from 23.8% in 2009
US average: 47.4%
Afford Score
2.4
+51%since 2000
from 1.6 in 2000
1990 – 2024
Gentrification Score
17
RELATED:See current rent listings in Olds on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.8%(236)
Black0.8%(2)
Hispanic / Latino2%(5)
Asian0%(0)
Other0%
Diversity Score7%(18)
2024
White, non-Hispanic91.7%(66)
Black8.3%(6)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score19.1%(14)
Diversity Score
19
+171%since 2000
from 7 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
10.6%
−1.0 ptssince 2000
from 11.6% in 2000
US average: 35.6%
High school or higher
100.0%
+9.3 ptssince 2000
from 90.7% in 2000
US average: 89.6%
Graduate degree
4.3%
+0.4 ptssince 2000
from 3.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.7 min
+37%since 2000
from 18.7 min in 2000
US average: 26.5
Drive alone to work
95.9%
+20.2 ptssince 2009
from 75.7% in 2009
US average: 68.9%
Carpooled to work
2.0%
−14.2 ptssince 2009
from 16.2% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
0.0%
−5.4 ptssince 2009
from 5.4% in 2009
US average: 15.0%
Walked to work
2.0%
+2.0 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
−0.9 ptssince 2009
from 0.9% in 2009
US average: 0.4%
No vehicle available
14.0%
+14.0 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−2.6 ptssince 2011
from 2.6% in 2011
US average: 5.2%
Labor force participation
78.8%
+1.8 ptssince 2011
from 77.0% in 2011
US average: 63.5%
Self-employed
1.9%
−15.2 ptssince 2009
from 17.1% in 2009
US average: 13.1%
Management & professional
17.3%
−21.4 ptssince 2009
from 38.7% in 2009
US average: 42.5%
Section 08

People & community

Male
54.2%
+6.2 ptssince 2009
from 48.0% in 2009
Female
45.8%
−6.2 ptssince 2009
from 52.0% in 2009
Foreign born
0.0%
−1.0 ptssince 2009
from 1.0% in 2009
US average: 14.1%
Veterans
7.7%
−42.3 ptssince 2009
from 50.0% in 2009
US average: 6.2%
With a disability
15.3%
+2.5 ptssince 2012
from 12.8% in 2012
US average: 13.3%
Uninsured
13.9%
−81.4 ptssince 2013
from 95.3% in 2013
US average: 8.4%
Broadband at home
90.7%
+20.0 ptssince 2017
from 70.7% in 2017
US average: 91.0%
English only at home
100.0%
+1.1 ptssince 2016
from 98.9% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Olds, Iowa?

Olds, Iowa has about 72 residents according to the 2024 American Community Survey.

What is the median household income in Olds, Iowa?

The typical household in Olds, Iowa earns about $49,375 a year. Half of households make more than that, and half make less.

Is Olds, Iowa expensive?

In Olds, Iowa, the median home is worth about $116,700, and the typical rent is about $773 a month.

How educated are people in Olds, Iowa?

About 10.6% of adults age 25 and over in Olds, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Olds, Iowa?

About 9.7% of people in Olds, Iowa live below the federal poverty line.

Has Olds, Iowa grown since 1990?

Yes, Olds, Iowa has shrunk since 1990. The population has lost about 147 residents, a change of about -67 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Olds, Iowa: demographics, income & housing data · CensusEasy