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CITY · 2020 ACS

Olds

Iowa · 192 residents · 0.341 sq mi
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The short version

Olds has roughly average household income, with a median household income of $68,438. Population has fallen 23% since 2000, a loss of 57 residents. Median home value has more than doubled since 2000, reaching $102,500. With a median age of 45.6, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 45.6
US median: 38.8
Average education
28% hold a bachelor's degree
US average: 33%
Less affordable
home values up 36%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
192
−23%since 2000
from 249 in 2000
1990 – 2025
Population density
563 / sq mi
−23%since 2000
from 730 / sq mi in 2000
US average: 280
Median age
45.6
+47%since 2000
from 31.1 in 2000
US average: 38.8
Population, 1990 – 2024
541071612142671990201020202024Olds
202472
1990201020202024
Section 02

Income & economy

Median household income
$68,438
+43%inflation adjusted, since 2000
from $31,875 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,446
+114%since 2000
from $13,760 in 2000
US average: $35,364
Households earning $100K+
43.7%
+21.2 ptssince 2009
from 22.5% in 2009
US average: 43.9%
Poverty rate
9.0%
+0.1 ptssince 2000
from 9.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade25%
US avg: 10%
Finance & insurance11.4%
US avg: 5.5%
Information9.1%
US avg: 11.1%
Education & health services9.1%
US avg: 0.8%
Other services4.5%
US avg: 6.6%
Agriculture, forestry, fishing2.3%
US avg: 1.7%
Construction2.3%
US avg: 1.2%
Wholesale trade2.3%
US avg: 6.7%
Professional, scientific, technical2.3%
US avg: 4.7%
Public administration2.3%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$102,500
+36%inflation adjusted, since 2000
from $50,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$638
Unchangedinflation adjusted, since 2000
from $423 in 2000
US average: $1,124
Owner-occupied
71.1%
+3.4 ptssince 2000
from 67.6% in 2000
28.9% rent
Afford Score
1.5
−5%since 2000
from 1.6 in 2000
1990 – 2024
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)
2020
White, non-Hispanic87%(167)
Black3.6%(7)
Hispanic / Latino4.7%(9)
Asian0.5%(1)
Other0.6%(1)
Diversity Score22.8%(44)
Diversity Score
23
+224%since 2000
from 7 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
28.1%
+16.4 ptssince 2000
from 11.6% in 2000
US average: 32.9%
High school or higher
95.6%
+4.9 ptssince 2000
from 90.7% in 2000
US average: 88.5%
Graduate degree
23.7%
+19.8 ptssince 2000
from 3.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.4 min
+25%since 2000
from 18.7 min in 2000
US average: 26.9
Drive alone to work
96.6%
+20.9 ptssince 2009
from 75.7% in 2009
US average: 75.1%
No vehicle available
2.8%
+2.8 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−2.6 ptssince 2011
from 2.6% in 2011
US average: 5.4%
Labor force participation
73.3%
−3.7 ptssince 2011
from 77.0% in 2011
US average: 63.4%
Management & professional
50.0%
+11.3 ptssince 2009
from 38.7% in 2009
US average: 39.3%
Section 08

People & community

Male
56.0%
+8.1 ptssince 2009
from 48.0% in 2009
Female
44.0%
−8.1 ptssince 2009
from 52.0% in 2009
Foreign born
5.4%
+4.4 ptssince 2009
from 1.0% in 2009
US average: 13.5%
Uninsured
1.2%
−94.1 ptssince 2013
from 95.3% in 2013
US average: 8.8%
Drill deeper

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Compare Olds to nearby cities

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OLDS VS
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OLDS VS
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OLDS VS
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Frequently asked

How many people live in Olds, Iowa?

Olds, Iowa has about 192 residents according to the 2020 American Community Survey.

What is the median household income in Olds, Iowa?

The typical household in Olds, Iowa earns about $68,438 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 $102,500, and the typical rent is about $638 a month.

How educated are people in Olds, Iowa?

About 28.1% 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 9.0% 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 27 residents, a change of about -12 percent over that period.

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

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