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Oldenburg town, Indiana Demographics & Population 2026

As of 2026, Oldenburg town, Indiana has a total population of 746, the 425th largest city in Indiana, with a median household income of $77,692, which is 11% higher than the state average. The poverty rate is 21.2%.

Key Takeaways

Oldenburg town Quick Facts

Population 746
Median Household Income $77,692
Median Home Value $254,000
Poverty Rate 21.2%
Unemployment Rate 0.9%
Median Age 39.5 years
Homeownership Rate 71.0%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 51.8%
High School Graduation Rate 95.8%
Diversity Index 3/100
Population 746 425th of 967
Median Income $77,692 top 30%
Poverty Rate 21.2% 70% higher national
Median Home Value $254,000 top 20%

How Oldenburg town Compares

Economy & Housing

Employment

0.9% Unemployment Rate State: 4.3% | National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 71.0%
Renter 29.0%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Oldenburg town Rankings in Indiana

#425 Population of 967
#210 Median Income of 967
#42 Education of 967
#92 Home Value of 967

Cities Similar to Oldenburg town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mount Summit town742N/A$211,00018.5%8.8%
Medaryville town749$82,632$73,7001.4%5.4%
Fillmore town760$83,306$102,90012.2%4.5%
Lake Eliza CDP725$85,286$168,0004.3%9.2%
Waldron CDP729$88,333$114,70017.5%11.2%

Population Overview

Oldenburg town is a small community located in Indiana. The total population is 746. It ranks as the 425th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Oldenburg town is 39.5 years. This is 4% higher than the state median of 38.0 years. With 28.3% of the population under 18, Oldenburg town has a notably young demographic profile, suggesting a family-oriented community. 19.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Oldenburg town is $77,692. This is 11% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 1% lower. The poverty rate stands at 21.2%. This is 74% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.9%. This is 80% lower than the state rate of 4.3%. The median home value is $254,000. Housing costs are 26% higher than the state median of $201,600. The home-value-to-income ratio is 3.3x. 71.0% of occupied housing units are owner-occupied.

Race & Ethnicity

Oldenburg town has a predominantly White (non-Hispanic) population, comprising 98.4% of all residents.

Education

51.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Oldenburg town in the top 10% of all cities in the state for educational attainment. This is 80% higher than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.8%. Notably, 29.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Oldenburg town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Oldenburg town, Indiana?

Oldenburg town, Indiana has a population of 746 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oldenburg town, IN?

The median household income in Oldenburg town is $77,692, which is 1% lower the national median of $78,538.

What is the poverty rate in Oldenburg town, IN?

The poverty rate in Oldenburg town is 21.2%. This means approximately 158 residents live below the federal poverty line.

What is the racial makeup of Oldenburg town, Indiana?

Oldenburg town's population is 98.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Oldenburg town, IN?

The median home value in Oldenburg town is $254,000. The home-value-to-income ratio is 3.3x.

How educated is Oldenburg town, Indiana?

51.8% of adults (25+) in Oldenburg town hold a bachelor's degree or higher, and 29.1% hold a graduate or professional degree.