City

Oelwein, IA

1 ZIP code  ·  Fayette County  ·  Iowa

👥6,497Population
💰$49,145Median HH Income▼ 36% below avg
🎂46.1Median Age
🏠$108,200Median Home Value▼ 61% below avg
🎓27.6%College Grads▼ 29% below avg
📊6.9%Unemployment▲ 42% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.7% Female 51.3% ♀

Race & Ethnicity

White: 90.4%Hispanic: 2.5%Black: 0.1%Asian: 0.7%Other: 5.4%Race
White90.4%
Hispanic2.5%
Black0.1%
Asian0.7%
Other5.4%

Age Breakdown

Under 5
6%
5–17
14%
18–24
5%
25–44
24%
45–64
28%
65+
9%

Key Indicators

Median Age46.1 yrs
Avg HH Size2.24
Below Poverty15.9% ▲ 59% above avg
College Grads27.6% ▼ 29% below avg
Unemployment6.9% ▲ 42% above avg
No HS Diploma13 (0.3%)
HS Graduate2,065 (45.8%)
Some College664 (14.7%)
Associates520 (11.5%)
Bachelors482 (10.7%)
Graduate Degree760 (16.9%)

Education

No HS: 0.3%HS Grad: 45.8%Some College: 14.7%Associates: 11.5%Bachelors: 10.7%Graduate: 16.9%Edu
No HS0.3%
HS Grad45.8%
Some College14.7%
Associates11.5%
Bachelors10.7%
Graduate16.9%
Housing & Income

Housing Tenure

Owner: 78.5%Renter: 21.5%Tenure
Owner78.5%
Renter21.5%

Home Value Distribution

Under $50k
15%
$50k–$100k
32%
$100k–$150k
16%
$150k–$200k
16%
$200k–$300k
15%
$300k–$500k
5%
Over $500k
1%

Financials

Median HH Income$49,145 ▼ 36% below avg
Median Home Value$108,200 ▼ 61% below avg
Home/Income Ratio2.2x (nat avg ~3.5x)
Median Rent$760/mo
Total Housing Units3,260
Vacant Units423

Income Distribution

Under $25k
26%
$25k–$50k
23%
$50k–$75k
18%
$75k–$100k
13%
$100k–$150k
12%
$150k–$200k
2%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
88%
Public Transit
0%
Walked
4%
Work From Home
8%

Commute Time

Under 15 min
58%
15–30 min
16%
30–45 min
13%
Over 45 min
14%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
13%
1960s–1970s
9%
1980s–1990s
5%
2000+
65%
About Oelwein, IA

Oelwein is a city in Iowa, located in Fayette County. The city spans 1 ZIP code and is home to approximately 6,497 residents. It is a mature city, with a median age of 46.1 years.

Economically, Oelwein is a working-class community. The median household income of $49,145 is below the national average. Approximately 15.9% of residents live below the poverty line. The unemployment rate is 6.9%, above the national average.

The real estate market in Oelwein is one of the more affordable housing markets in the country. Median home values stand at $108,200, which is well below the national average. Renters typically pay around $760 per month. Homeownership is high at 78.5%, typical of suburban and family-oriented communities.

The population of Oelwein is moderately educated. 27.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.44%).

Oelwein, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Oelwein
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50662 6,497 $49,145 $108,200 $760 6.9% 27.6% 78.5%