Ollie, IA
Population 224 · Iowa
About Ollie, IA
Ollie is a small community located in Iowa with a population of 224 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,875 per year, which is 24% below the national median of $75,149. The median age of 30.5 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 Ollie features a median home value of $88,600, which is 64% below the national median of $244,900. This makes Ollie 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 108 total housing units, 97% are owner-occupied (70 units) and 3% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ollie shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 17.0%, above the national average of 12.4%. Workers in Ollie have an average one-way commute time of 34.7 minutes.
Education & Demographics
4.1% of Ollie 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, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ollie, IA
Compared to national averages, Ollie has a median household income of $56,875 (24% below the national median of $75,149). Home values average $88,600, which is 64% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Ollie's income is 16% below the state average of $67,947, and home values are 33% below the state median of $132,237.
Why Live in Ollie, IA?
Ollie offers affordable housing with a median home value of $88,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($56,875) that falls below the national average. However, Ollie’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ollie has a population of 224 with a median age of 30.5 years. Compare Ollie with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Ollie
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stockport | 224 | $55,938 | $70,000 | Compare |
| Bertram | 222 | $100,000 | $273,300 | Compare |
| Maurice | 222 | $72,083 | $160,800 | Compare |
| Laurel | 221 | $59,167 | $104,300 | Compare |
| Montpelier | 228 | $69,186 | $253,500 | Compare |
| Williamson | 228 | $53,438 | $47,500 | Compare |
| Crystal Lake | 229 | $82,500 | $86,000 | Compare |
| Parnell | 229 | $56,667 | $118,800 | 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 Ollie With Other Cities
Frequently Asked Questions about Ollie
What is the population of Ollie, IA?
The population of Ollie, IA is 224 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 Ollie?
The median household income in Ollie, IA is $56,875 per year, which is 24% below the national median of $75,149.
What is the median home value in Ollie?
The median home value in Ollie, IA is $88,600, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ollie?
The median monthly rent in Ollie, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ollie?
The unemployment rate in Ollie, IA is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ollie, IA a good place to live?
Ollie offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 224 and a median age of 30.5, the city appeals to young professionals and families.
How educated is Ollie, IA?
4.1% of residents in Ollie 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 Ollie?
Key cost-of-living indicators for Ollie, IA: median home value is $88,600 (64% below national), median rent is $0/month, and median household income is $56,875. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ollie?
The poverty rate in Ollie, IA is 17.0%, 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 Ollie, IA?
Ollie's population is 0.0% White, 0.4% 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.