According to statistics, the population in Oelwein, IA amounts to 6,093, which shows decline -2% compared to the previous year. The median age of the city’s residents is 43. The average household income is $42,074, shifting growth 5% from the past year, and the average property value in Oelwein, IA decline 1% to $67,900 throughout the year.
Population | 6,093 |
Median Age | 43.2 |
Poverty Rate | 15% |
Household Income | $42,074 |
Number Of Employees | 2,899 |
Median Property Value | $67,900 |
The average household income in Oelwein, IA grew from $39,922 to $42,074 in the past year. This data is an estimate based upon 2,624 households in Oelwein, IA . The chart below presents how household income is distributed in Oelwein, IA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Oelwein, IA shifted from $67,300 to $67,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Oelwein, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Oelwein, IA properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Oelwein, IA compared to median property taxes around the country. The prevalent amount of property taxes in Oelwein, IA equals $800, which is less than the national average.
Apartment Size | Jul | vs Last Month |
---|---|---|
Studio for sale | $160,000 | N/A |
2 bed for sale | $78,750 | +24.5% |
3 bed for sale | $204,750 | +32% |
4+ bed for sale | $167,450 | +64.8% |
During Jul 2022, the average price for an apartment in/near Oelwein, IA increased by 12.6% to $150,316.
Asking price for 2-bed apartment also increased by 24.5% and a place of this size will now cost you $78,750. A 3-bed apartment goes for $204,750, it increased by 32% lately. We discerned the rise of 4- and more bed apartment price. It increased by 64.8% and made it up to $167,450.
Listing Type | Jul | vs Last Month |
---|---|---|
Houses for sale | $137,380 | -1.3% |
Land for sale | $25,000 | N/A |
Townhouses for sale | $215,000 | N/A |
Price reports demonstrate that house price decreased by 1.3% this month making it up to $137,380. Value of the townhouses didn’t change, the price still starts at $215,000.