Owasa, IA
Population 17 · Iowa
About Owasa, IA
Owasa is a small community located in Iowa with a population of 17 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,625 per year, which is 46% below the national median of $75,149. The median age of 68.5 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 Owasa features a median home value of $0, which is 100% below the national median of $244,900. This makes Owasa 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 13 total housing units, 100% are owner-occupied (13 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Owasa shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Owasa have an average one-way commute time of 13.8 minutes, one of the shorter commutes in the region.
Education & Demographics
17.6% of Owasa 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, 0.0% 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 Owasa, IA
Compared to national averages, Owasa has a median household income of $40,625 (46% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Owasa's income is 40% below the state average of $67,947, and home values are 100% below the state median of $132,237.
Why Live in Owasa, IA?
Owasa offers affordable housing with a median home value of $0, 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 0.0%. Additionally, the city features a low poverty rate of 5.9%, better than the national average, and short commute times averaging just 13.8 minutes.
Potential considerations include median household income ($40,625) that falls below the national average. However, Owasa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Owasa has a population of 17 with a median age of 68.5 years. Compare Owasa 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 Owasa
What is the population of Owasa, IA?
The population of Owasa, IA is 17 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 Owasa?
The median household income in Owasa, IA is $40,625 per year, which is 46% below the national median of $75,149.
What is the median home value in Owasa?
The median home value in Owasa, IA is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Owasa?
The median monthly rent in Owasa, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Owasa?
The unemployment rate in Owasa, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Owasa, IA a good place to live?
Owasa offers a moderate cost of living, affordable housing, and a strong job market. With a population of 17 and a median age of 68.5, the city appeals to established professionals and retirees.
How educated is Owasa, IA?
17.6% of residents in Owasa 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 Owasa?
Key cost-of-living indicators for Owasa, IA: median home value is $0 (100% below national), median rent is $0/month, and median household income is $40,625. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Owasa?
The poverty rate in Owasa, IA is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Owasa, IA?
Owasa'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.