Oakland Acres, IA
Population 187 · Iowa
About Oakland Acres, IA
Oakland Acres is a small community located in Iowa with a population of 187 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,250 per year, which is 48% above the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakland Acres features a median home value of $248,800, which is 2% above the national median of $244,900. This positions Oakland Acres in a moderately priced market relative to the rest of the country. Median monthly rent is $1,500, 29% above the national average of $1,163/month. Of the 81 total housing units, 95% are owner-occupied (73 units) and 5% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakland Acres shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakland Acres have an average one-way commute time of 18.4 minutes, one of the shorter commutes in the region.
Education & Demographics
42.7% of Oakland Acres residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Oakland Acres Ranks in Iowa
Cost of Living in Oakland Acres, IA
Compared to national averages, Oakland Acres has a median household income of $111,250 (48% above the national median of $75,149). Home values average $248,800, which is 2% above the national median. Monthly rent at $1,500 is 29% above the US average of $1,163. Within Iowa, Oakland Acres's income is 64% above the state average of $67,947, and home values are 88% above the state median of $132,237.
Why Live in Oakland Acres, IA?
Oakland Acres offers a strong local economy with a median household income of $111,250, well above the national average, and a strong job market with an unemployment rate of just 1.0%, and a well-educated community where 42.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.4%, better than the national average, and short commute times averaging just 18.4 minutes.
Oakland Acres has a population of 187 with a median age of 41.2 years. Compare Oakland Acres with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oakland Acres
What is the population of Oakland Acres, IA?
The population of Oakland Acres, IA is 187 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Oakland Acres?
The median household income in Oakland Acres, IA is $111,250 per year, which is 48% above the national median of $75,149.
What is the median home value in Oakland Acres?
The median home value in Oakland Acres, IA is $248,800, which is 2% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakland Acres?
The median monthly rent in Oakland Acres, IA is $1,500, which is 29% above the national average of $1,163/month.
What is the unemployment rate in Oakland Acres?
The unemployment rate in Oakland Acres, IA is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakland Acres, IA a good place to live?
Oakland Acres offers above-average incomes, a competitive housing market, and a strong job market. With a population of 187 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Oakland Acres, IA?
42.7% of residents in Oakland Acres aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oakland Acres?
Key cost-of-living indicators for Oakland Acres, IA: median home value is $248,800 (2% above national), median rent is $1,500/month, and median household income is $111,250. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakland Acres?
The poverty rate in Oakland Acres, IA is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakland Acres, IA?
Oakland Acres's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.