Everything You Should Know Before Moving to Olds, IA
Considering a move to Olds, IA? With a close-knit population of just 215, Olds offers affordable living, featuring a median home price of $92,000 and rents around $720. Residents enjoy a low crime rate, average commute of 22 minutes, and a relaxed rural lifestyle. The area boasts high rates of homeownership, a friendly community, and easy access to nearby schools and healthcare, making Olds a charming choice for those seeking small-town Iowa life.
Demographics - Olds, IA
Olds, IA is a small town of 215 residents with a predominantly White population and a median age of nearly 46, suggesting a mature, close-knit community. The population density is modest, and there is a nearly balanced gender ratio, making Olds an inviting place for those seeking a calm, rural lifestyle.
Population:
215
Density:
670 per sq mi
Median Age:
45.8
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
97.2%
Black:
0.0%
Asian:
0.5%
Others:
2.3%
Cost Of Living
What is the average cost of living in Olds, IA?
Living in Olds is highly affordable, with a median home value of $92,000 and typical rents around $720. The cost of living index is well below the national average, meaning residents enjoy lower expenses on housing, utilities, and groceries.
Median House Value:
$92,000
Gross Rent:
$720
Monthly Electricity Charges:
$120
Auto Insurance:
$1,000
House Owner Cost With Mortgage:
$850
House Owner Cost Without Mortgage:
$380
State Taxes:
Low:
0.33%
|
High:
8.53%
Cost Of Living Index:
82.5
Grocery:
94.2
Housing:
58.4
Utilities:
91.3
Transportation:
86.0
Health Care:
94.6
Miscellaneous:
89.0
Crime
Is Olds, IA a safe place to live?
Olds experiences low violent and property crime rates, providing a safe environment with a 1 in 595 chance of violent crime. The quiet streets and secure neighborhoods contribute to its appeal for families and retirees.
Violent Crimes Per 100k:
168
Property Crimes Per 100k:
1,420
Crime Index:
1,588
Chance Of Violent Crime:
1 in 595
Chance Of Property Crime:
1 in 70
Weather
What is the weather like in Olds, IA year-round?
Residents in Olds enjoy all four seasons, with warm summers reaching 86°F and cold winters dipping to 12°F. The area receives about 36 inches of rainfall annually and sees sunshine about 60% of the year, supporting a variety of outdoor activities.
Winter
Min:
12°F
Max:
34°F
Spring
Min:
38°F
Max:
64°F
Summer
Min:
62°F
Max:
86°F
Fall
Min:
41°F
Max:
65°F
Average Rainfall Inches:
36.0 inches
Sunny Days Percentage:
60%
Neighbors
Households in Olds typically earn around $54,000, and the community has a low unemployment rate of 3.1%. Most residents commute about 22 minutes to work and benefit from strong high school graduation rates, though few use public transportation due to the town’s rural setting.
Median Income:
$29,500
Household Income:
$54,000
Family Income:
$62,000
Per Capita Income:
$27,300
Income Male:
$36,000
Income Female:
$28,000
Poverty Rate:
11.5%
Non English Speakers:
2.1%
Rent:
$720
Unemployment Rate:
3.1%
Public Transport Usage:
0.0%
Commute Time:
21.8 minutes
Education
High School or Higher:
91.8%
Bachelors or More:
18.7%
Education
How are the schools in Olds, IA?
Olds offers access to quality public education with favorable student-to-teacher ratios, and higher education opportunities are available nearby at Iowa Wesleyan University. The community is served by local schools that support a strong educational foundation for children.
Public Schools
Name:
WACO Elementary School
Street:
200 S. Main St, Olds, IA 52647
Phone:
319-257-7700
Students:
165
Student Teacher Ratio:
13.1
Name:
WACO High School
Street:
706 N Pearl St, Wayland, IA 52654
Phone:
319-256-6200
Students:
180
Student Teacher Ratio:
11.7
Colleges
Name:
Iowa Wesleyan University
City:
Mt Pleasant
State:
IA
Distance:
11 miles
Students:
650
Healthcare
Olds residents have convenient access to healthcare, including the Henry County Health Center nearby, and a high rate of health insurance coverage at nearly 95%. With over two physicians per 1,000 people, healthcare services are readily available.
Major Hospitals
Name:
Henry County Health Center
Address:
407 S White St, Mt Pleasant, IA 52641
Phone:
(319) 385-3141
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
94.9%
Health Care Index:
76.2
Housing Market
What is the housing market like in Olds, IA?
The housing market in Olds is stable and affordable, with a median home price of $92,000 and a high owner-occupancy rate of 89%. Home values have appreciated modestly in the past year, and rental vacancies remain low, reflecting steady demand.
Median Home Price:
$92,000
Average Rent For 2 Bedroom:
$720
Owner Occupied Rate:
89.1%
Rental Vacancy Rate:
7.0%
Home Appreciation Rate (1yr):
4.6%
New Construction Rate:
0.5%
Foreclosure Rate:
0.4%
DMV Information
Vehicle registration and driver services for Olds residents are managed by the Iowa Department of Transportation’s Motor Vehicle Division, with the nearest office located in Ankeny. Essential DMV information and online services are easily accessible through the state’s official website.
State:
Iowa
Department:
Iowa Department of Transportation - Motor Vehicle Division
Address:
6310 SE Convenience Blvd, Ankeny, IA 50021
Phone:
515-244-8725
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.