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Red Oak, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Red Oak, Iowa had a total population of 5,510, the 75th largest city in Iowa, with a median household income of $50,109, which is 33% lower than the state average. The poverty rate is 21.9%.

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

Key Takeaways

Red Oak Quick Facts

Population 5,510
Median Household Income $50,109
Median Home Value $99,700
Poverty Rate 21.9%
Unemployment Rate 2.9%
Median Age 40.2 years
Homeownership Rate 59.9%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 17.7%
High School Graduation Rate 88.7%
Diversity Index 21/100
Population 5,510 75th of 1,017
Median Income $50,109 bottom 20%
Poverty Rate 21.9% 76% higher than national
Median Home Value $99,700 below average

How Red Oak 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
Population5,5425,510-0.6%
Median household income$52,996$50,109-5.4%
Median home value$91,600$99,700+8.8%

How Red Oak Compares

Economy & Housing

Household Income Distribution

Under $25K 27.7%
$25K-$50K 22.2%
$50K-$100K 28.3%
$100K+ 21.8%
Detailed income brackets
Under $10K
6.6%
$10K-$15K
10.4%
$15K-$20K
5.1%
$20K-$25K
5.5%
$25K-$30K
6.8%
$30K-$35K
3.8%
$35K-$40K
2.7%
$40K-$45K
4.4%
$45K-$50K
4.5%
$50K-$60K
8.2%
$60K-$75K
6.8%
$75K-$100K
13.4%
$100K-$125K
8.8%
$125K-$150K
3.5%
$150K-$200K
8.2%
$200K+
1.4%

Employment

2.9% Unemployment Rate State: 3.6%|National: 5.2%
54.9% Labor Force Participation

Housing Overview

Owner 59.9%
Renter 40.1%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $812/mo 19.4% of median household income annually

People & Demographics

Diversity Index

21out 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

Red Oak Rankings in Iowa

#75 Population of 1,017
#834 Median Income of 948
#499 Education of 1,016
#620 Home Value of 947

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Villisca 1,048 $60,465 13.5% $77,000
Stanton 522 $66,667 9.4% $113,400
Elliott 420 $50,625 25.1% $68,000
Coburg 36 $33,750 36.1% N/A
Grant 35 $68,125 14.3% $40,000

Cities Similar to Red Oak

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Centerville5,372$46,563$103,00016.7%21.3%
Clarinda5,353$46,348$114,20013.8%12.1%
Algona5,377$56,040$160,80025.5%6.9%
Iowa Falls5,038$50,417$123,80022.9%10.7%
Oelwein5,834$46,653$96,30017.5%18.5%

Population Overview

Red Oak is a small city located in Iowa, within Montgomery County. The total population is 5,510. It ranks as the 75th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Red Oak is 40.2 years. This is 4% higher than the state median of 38.6 years. 10.1% 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 Red Oak is $50,109. This is 33% lower than the state median of $75,059. It is also 38% lower than the national median of $80,734. The poverty rate stands at 21.9%. This is 98% higher than the state poverty rate of 11.1%. 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 2.9%. This is 19% lower than the state rate of 3.6%. The median home value is $99,700. Housing costs are 52% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.0x, Red Oak is one of the most affordable housing markets in the area. 59.9% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 71.7%.

Race & Ethnicity

Red Oak has a predominantly White (non-Hispanic) population, comprising 88.7% of all residents. Black or African American residents account for 3.0%. The Hispanic or Latino population (0.6%) is well below the state average of 7.3%.

Education

17.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.

Data Sources & Methodology

All demographic data for Red Oak, 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 Red Oak, Iowa?

Red Oak, Iowa has a population of 5,510 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Red Oak, IA?

The median household income in Red Oak is $50,109, which is 38% lower than the national median of $80,734.

What is the poverty rate in Red Oak, IA?

The poverty rate in Red Oak is 21.9%. This means approximately 1,157 residents live below the federal poverty line.

What is the racial makeup of Red Oak, Iowa?

Red Oak's population is 88.7% White, 3.0% Black, 0.6% Hispanic/Latino, and 2.0% Asian.

What is the median home value in Red Oak, IA?

The median home value in Red Oak is $99,700. The home-value-to-income ratio is 2.0x.

How educated is Red Oak, Iowa?

17.7% of adults (25+) in Red Oak hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.