Is Oelwein, Iowa a Good Place To Live? - Living In Oelwein, IA

Is Oelwein, Iowa a good place to live?
Oelwein is a city in Iowa state in USA with a population of 5896 residents.. The poverty rate of Oelwein is 15%, which is 7% higher than national average. The typical household in Oelwein earns $38320 a year, compared to the national median of $67,500. Nearly 59.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Oelwein, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oelwein remained 0.7%, which is 85% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oelwein, only 16% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Oelwein is 76, which is 24% lower than national average. Median home value in Oelwein is $87800 , which is 62% lower than national average. While median income in Oelwein remained $38320, which is 43% lower than national average.
Population
5896
Unemployment
0.7%
85% NAT AVG.
Poverty
15%
7% NAT AVG.
Overall Score
6
Median Home Cost
$87800
62% NAT AVG.
Median Income
$38320
43% NAT AVG.
Median Rent
$641
45% NAT AVG.
Cost Of Living
76
24% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 143
People Earning < $10,000
1 in 10
People Earning < $50,000
59.4%
People with <= High School
1 in 1.9
People With Any Degree
1 in 4
Pros & Cons Overview

Jobs80%

Housing40%

Affordability80%

Safety60%

Amenities80%

Diversity50%

Education60%

Commute90%