Ocheyedan, IA
Population 486 · Iowa
About Ocheyedan, IA
Ocheyedan is a small community located in Iowa with a population of 486 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,875 per year, which is 4% below the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ocheyedan features a median home value of $105,400, which is 57% below the national median of $244,900. This makes Ocheyedan one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 256 total housing units, 84% are owner-occupied (179 units) and 16% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ocheyedan shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ocheyedan have an average one-way commute time of 21.9 minutes.
Education & Demographics
5.3% of Ocheyedan 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, 7.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.1% of the population being foreign-born.
Cost of Living in Ocheyedan, IA
Compared to national averages, Ocheyedan has a median household income of $71,875 (4% below the national median of $75,149). Home values average $105,400, which is 57% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Ocheyedan's income is 6% above the state average of $67,947, and home values are 20% below the state median of $132,237.
Why Live in Ocheyedan, IA?
Ocheyedan offers affordable housing with a median home value of $105,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features a low poverty rate of 10.9%, better than the national average, and short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($71,875) that falls below the national average. However, Ocheyedan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ocheyedan has a population of 486 with a median age of 40.8 years. Compare Ocheyedan with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Economy & Education
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ocheyedan
What is the population of Ocheyedan, IA?
The population of Ocheyedan, IA is 486 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 Ocheyedan?
The median household income in Ocheyedan, IA is $71,875 per year, which is 4% below the national median of $75,149.
What is the median home value in Ocheyedan?
The median home value in Ocheyedan, IA is $105,400, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ocheyedan?
The median monthly rent in Ocheyedan, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ocheyedan?
The unemployment rate in Ocheyedan, IA is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ocheyedan, IA a good place to live?
Ocheyedan offers a moderate cost of living, affordable housing, and a strong job market. With a population of 486 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Ocheyedan, IA?
5.3% of residents in Ocheyedan 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 Ocheyedan?
Key cost-of-living indicators for Ocheyedan, IA: median home value is $105,400 (57% below national), median rent is $0/month, and median household income is $71,875. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ocheyedan?
The poverty rate in Ocheyedan, IA is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ocheyedan, IA?
Ocheyedan's population is 0.0% White, 7.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.2% two or more races. 2.1% of residents are foreign-born.