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Olds, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Olds, Iowa had a total population of 72, the 907th largest city in Iowa, with a median household income of $49,375, which is 34% lower than the state average. The poverty rate is 9.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Olds Quick Facts

Population 72
Median Household Income $49,375
Median Home Value $116,700
Poverty Rate 9.7%
Unemployment Rate 0.0%
Median Age 47.5 years
Homeownership Rate 46.5%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 10.6%
High School Graduation Rate 100.0%
Diversity Index 15/100
Population 72 907th of 1,017
Median Income $49,375 bottom 20%
Poverty Rate 9.7% 22% lower than national
Median Home Value $116,700 average

How Olds Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7572-4.0%
Median household income$48,500$49,375+1.8%
Median home value$137,500$116,700-15.1%

How Olds Compares

Economy & Housing

Household Income Distribution

Under $25K 11.6%
$25K-$50K 44.2%
$50K-$100K 11.6%
$100K+ 32.6%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
2.3%
$15K-$20K
4.7%
$20K-$25K
4.7%
$25K-$30K
4.7%
$30K-$35K
14.0%
$35K-$40K
0.0%
$40K-$45K
2.3%
$45K-$50K
23.3%
$50K-$60K
0.0%
$60K-$75K
11.6%
$75K-$100K
0.0%
$100K-$125K
9.3%
$125K-$150K
20.9%
$150K-$200K
0.0%
$200K+
2.3%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
78.8% Labor Force Participation

Housing Overview

Owner 46.5%
Renter 53.5%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $773/mo 18.8% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

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

State average: 31 | National average: 61

Education

Olds Rankings in Iowa

#907 Population of 1,017
#842 Median Income of 948
#767 Education of 1,016
#500 Home Value of 947

Other Cities in Henry County

CityPopulationMedian IncomePovertyHome Value
Mount Pleasant 8,951 $61,042 15.7% $160,900
New London 2,338 $77,560 8.4% $139,600
Wayland 1,191 $70,774 9.0% $135,500
Winfield 1,007 $49,063 9.8% $100,000
Salem 349 $51,250 18.1% $85,700
Westwood 130 $110,833 0.0% $290,000
Hillsboro 120 $53,125 15.0% $55,000
Swedesburg 119 $74,861 24.4% N/A
Mount Union 111 $50,500 10.8% $96,100
Rome 79 $39,000 20.3% $65,000

Cities Similar to Olds

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Leando74N/AN/AN/A13.5%
Marysville70N/A$205,0000.0%4.3%
Trenton75N/AN/A0.0%0.0%
Oto68N/A$56,70031.3%17.6%
Masonville68$50,000$65,6001.8%8.8%

A note before these figures: with a population of 72, Olds's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Olds is a small community located in Iowa, within Henry County. The total population is 72. It ranks as the 907th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Olds is 47.5 years. This is 23% higher than the state median of 38.6 years. Only 9.7% of residents are under 18, indicating fewer families with children. 12.5% 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 Olds is $49,375. This is 34% lower than the state median of $75,059. It is also 39% lower than the national median of $80,734. The poverty rate stands at 9.7%. This is 12% lower than the state poverty rate of 11.1%. The survey records no unemployed residents in Olds, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $116,700. Housing costs are 44% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.4x, Olds is one of the most affordable housing markets in the area. 46.5% of occupied housing units are owner-occupied. This homeownership rate is 35% lower than the state average of 71.7%.

Race & Ethnicity

Olds has a predominantly White (non-Hispanic) population, comprising 91.7% of all residents. Black or African American residents account for 8.3%. The Black or African American population is significantly higher than the state average (8.3% vs 3.8%).

Education

10.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Olds, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Olds, Iowa?

Olds, Iowa has a population of 72 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olds, IA?

The median household income in Olds is $49,375, which is 39% lower than the national median of $80,734.

What is the poverty rate in Olds, IA?

The poverty rate in Olds is 9.7%. This means approximately 7 residents live below the federal poverty line.

What is the racial makeup of Olds, Iowa?

Olds's population is 91.7% White, 8.3% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Olds, IA?

The median home value in Olds is $116,700. The home-value-to-income ratio is 2.4x.

How educated is Olds, Iowa?

10.6% of adults (25+) in Olds hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.