St. Olaf, IA
Population 75 · Iowa
About St. Olaf, IA
St. Olaf is a small community in Iowa with a population of 75 residents. The median household income is $88,750 per year, which is above the national average. The median age in St. Olaf is 49.7 years.
Housing in St. Olaf has a median home value of $76,700 and median monthly rent of $775. Of the 42 total housing units, the majority are owner-occupied, with 28 owner-occupied and 9 renter-occupied units.
The unemployment rate in St. Olaf is 6.1% and the poverty rate is 6.8%. 13.3% of residents hold a bachelor's degree or higher. The average commute time is 17.8 minutes.
Cost of Living in St. Olaf, IA
Compared to national averages, St. Olaf has a median household income of $88,750 (18% above the national median of $75,149). Home values average $76,700, which is 69% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Iowa, St. Olaf's income is 31% above the state average of $67,947, and home values are 42% below the state median of $132,237.
Why Live in St. Olaf, IA?
St. Olaf offers a strong local economy with a median household income of $88,750, well above the national average, and 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 $775/month. Additionally, the city features a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 17.8 minutes.
St. Olaf has a population of 75 with a median age of 49.7 years. Compare St. Olaf 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 St. Olaf
What is the population of St. Olaf, IA?
The population of St. Olaf, IA is 75 according to the latest Census data.
What is the median household income in St. Olaf?
The median household income in St. Olaf, IA is $88,750 per year.
What is the median home value in St. Olaf?
The median home value in St. Olaf, IA is $76,700.
What is the average rent in St. Olaf?
The median monthly rent in St. Olaf, IA is $775.
What is the unemployment rate in St. Olaf?
The unemployment rate in St. Olaf, IA is 6.1%.