Oldtown, ID
Population 572 · Idaho
About Oldtown, ID
Oldtown is a small community located in Idaho with a population of 572 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,088 per year, which is 23% below the national median of $75,149. The median age of 30 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Oldtown features a median home value of $260,700, which is 6% above the national median of $244,900. This positions Oldtown in a moderately priced market relative to the rest of the country. Median monthly rent is $848, 27% below the national average of $1,163/month. Of the 229 total housing units, 46% are owner-occupied (94 units) and 54% are renter-occupied (110 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Oldtown shows an unemployment rate of 14.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.9%, above the national average of 12.4%. Workers in Oldtown have an average one-way commute time of 23.2 minutes.
Education & Demographics
22.9% of Oldtown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.5% White, 2.6% Hispanic or Latino, 0.7% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Oldtown, ID
Compared to national averages, Oldtown has a median household income of $58,088 (23% below the national median of $75,149). Home values average $260,700, which is 6% above the national median. Monthly rent at $848 is 27% below the US average of $1,163. Within Idaho, Oldtown's income is 11% below the state average of $65,190, and home values are 5% below the state median of $274,721.
Why Live in Oldtown, ID?
Oldtown offers rent that’s lower than the national average at $848/month, and short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($58,088) that falls below the national average. However, Oldtown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oldtown has a population of 572 with a median age of 30 years. Compare Oldtown with other cities to see how it stacks up, or explore all cities in Idaho.
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Demographics
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Economy & Education
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Other Cities in Idaho
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oldtown
What is the population of Oldtown, ID?
The population of Oldtown, ID is 572 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Idaho.
What is the median household income in Oldtown?
The median household income in Oldtown, ID is $58,088 per year, which is 23% below the national median of $75,149.
What is the median home value in Oldtown?
The median home value in Oldtown, ID is $260,700, which is 6% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Oldtown?
The median monthly rent in Oldtown, ID is $848, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Oldtown?
The unemployment rate in Oldtown, ID is 14.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oldtown, ID a good place to live?
Oldtown offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 572 and a median age of 30, the city appeals to young professionals and families.
How educated is Oldtown, ID?
22.9% of residents in Oldtown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Oldtown?
Key cost-of-living indicators for Oldtown, ID: median home value is $260,700 (6% above national), median rent is $848/month, and median household income is $58,088. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Oldtown?
The poverty rate in Oldtown, ID is 15.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Oldtown, ID?
Oldtown's population is 4.5% White, 2.6% Hispanic or Latino, 0.7% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.6% of residents are foreign-born.