Oakville, IA
Population 168 · Iowa
About Oakville, IA
Oakville is a small community located in Iowa with a population of 168 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,750 per year, which is 28% below the national median of $75,149. The median age of 52 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oakville features a median home value of $76,700, which is 69% below the national median of $244,900. This makes Oakville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $900, 23% below the national average of $1,163/month. Of the 75 total housing units, 86% are owner-occupied (64 units) and 14% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakville shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 26.8%, above the national average of 12.4%. Workers in Oakville have an average one-way commute time of 27.6 minutes.
Education & Demographics
2.4% of Oakville 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 0.0% White, 6.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Oakville, IA
Compared to national averages, Oakville has a median household income of $53,750 (28% below the national median of $75,149). Home values average $76,700, which is 69% below the national median. Monthly rent at $900 is 23% below the US average of $1,163. Within Iowa, Oakville's income is 21% below the state average of $67,947, and home values are 42% below the state median of $132,237.
Why Live in Oakville, IA?
Oakville offers affordable housing with a median home value of $76,700, below the US average of $244,900, and rent that’s lower than the national average at $900/month, and a strong job market with an unemployment rate of just 2.5%.
Potential considerations include median household income ($53,750) that falls below the national average. However, Oakville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakville has a population of 168 with a median age of 52 years. Compare Oakville with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Oakville
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Geneva | 168 | $65,000 | $62,000 | Compare |
| West Chester | 168 | $49,750 | $73,800 | Compare |
| Rembrandt | 167 | $56,528 | $84,200 | Compare |
| Weston | 167 | $0 | $0 | Compare |
| Davis City | 170 | $37,417 | $45,500 | Compare |
| Alta Vista | 171 | $53,750 | $68,600 | Compare |
| Gravity | 171 | $51,071 | $48,600 | Compare |
| Linn Grove | 165 | $67,500 | $57,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakville With Other Cities
Frequently Asked Questions about Oakville
What is the population of Oakville, IA?
The population of Oakville, IA is 168 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 Oakville?
The median household income in Oakville, IA is $53,750 per year, which is 28% below the national median of $75,149.
What is the median home value in Oakville?
The median home value in Oakville, IA is $76,700, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakville?
The median monthly rent in Oakville, IA is $900, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Oakville?
The unemployment rate in Oakville, IA is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakville, IA a good place to live?
Oakville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 168 and a median age of 52, the city appeals to established professionals and retirees.
How educated is Oakville, IA?
2.4% of residents in Oakville 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 Oakville?
Key cost-of-living indicators for Oakville, IA: median home value is $76,700 (69% below national), median rent is $900/month, and median household income is $53,750. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakville?
The poverty rate in Oakville, IA is 26.8%, 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 Oakville, IA?
Oakville's population is 0.0% White, 6.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.