Olin, IA

Census Place

2024 Population

830

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2024 Median Age

32.6

1.21% 1-year decrease

2024 Poverty Rate

20%

35.5% 1-year increase

2024 Median Household Income

$51,932

22.6% 1-year decline

2024 Median Property Value

$108,500

Population & Diversity

Olin, IA is home to a population of 830 people, from which 100% are citizens.

As of 2024, 0.241% of Olin, IA residents were born outside of the country (2 people).

In 2024, there were 6.35 times more White (Non-Hispanic) residents (635 people) in Olin, IA than any other race or ethnicity. There were 100 Two Races Including Other (Non-Hispanic) and 76 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Olin, IA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Olin, IA was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Olin, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Olin, IA

White (Non-Hispanic)
635 ± 161
Two Races Including Other (Non-Hispanic)
100 ± 132
Black or African American (Non-Hispanic)
76 ± 97

0.602%

Hispanic Population

5 people

0.602% of the people in Olin, IA are hispanic (5 people).

The following chart shows the 8 races represented in Olin, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
44,333 ± 5,134 people
India
11,889 ± 2,672 people
Guatemala
8,189 ± 2,219 people

In 2024, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 44,333 Iowa residents, followed by India with 11,889 and Guatemala with 8,189.

Foreign-Born Population

0.241%

2024 Foreign-Born Population

2 people

0.236%

2023 Foreign-Born Population

2 people

As of 2024, 0.241% of Olin, IA residents (2 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Olin, IA was 0.236%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Olin, IA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
9 ± 11
Vietnam
9 ± 16
Korea
2 ± 10

Olin, IA has a large population of military personnel who served in Gulf War (2001-), 1 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Olin, IA.

Economy

The economy of Olin, IA employs 389 people. In 2024, the largest industries in Olin, IA were Administrative & Support & Waste Management Services (81 people), Construction (72 people), and Retail Trade (52 people), and the highest paying industries were Professional, Scientific, & Technical Services ($103,750), Finance & Insurance ($67,500), and Finance & Insurance, & Real Estate & Rental & Leasing ($67,500).

Employment

Occupations

389

2024 Value

± 98

−6.49%

1 Year decline

± 36.8%

From 2023 to 2024, employment in Olin, IA declined at a rate of −6.49%, from 416 employees to 389 employees.

The most common job groups, by number of people living in Olin, IA, are Construction & Extraction Occupations (49 people), Installation, Maintenance, & Repair Occupations (43 people), and Sales & Related Occupations (40 people). This chart illustrates the share breakdown of the primary jobs held by residents of Olin, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Iowa.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

389

2024 Value

± 98

−6.49%

1 Year decline

± 36.8%

From 2023 to 2024, employment in Olin, IA declined at a rate of −6.49%, from 416 employees to 389 employees.

The most common employment sectors for those who live in Olin, IA, are Administrative & Support & Waste Management Services (81 people), Construction (72 people), and Retail Trade (52 people). This chart shows the share breakdown of the primary industries for residents of Olin, IA, though some of these residents may live in Olin, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$40,000

Median earning men ± $13,620

$31,683

Median earning women ± $3,655

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($55,417), Construction ($41,625), and Educational Services, & Health Care & Social Assistance ($39,167).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($67,500), Transportation & Warehousing, & Utilities ($57,188), and Wholesale Trade ($54,167).

Housing & Living

The median property value in Olin, IA was $108,500 in 2024, which is 0.326 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $98,500 to $108,500, a 10.2% increase. The homeownership rate in Olin, IA is 66.6%, which is higher than the national average of 65.2%.

People in Olin, IA have an average commute time of 38.2 minutes, and they drove alone to work. Car ownership in Olin, IA is lower than the national average, with an average of 1 car per household.

Housing

Property

$108,500

Median Property Value 2024

±$20,402

$191

Median Property Taxes

±$46

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Olin, IA the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Olin, IA compared to it's parent and neighbor geographies.

Rent vs Own

66.6%

Homeownership

2024

55.2%

Homeowners with Mortgage

2024

In 2024, 66.6% of the housing units in Olin, IA were occupied by their owner. This percentage declined from the previous year's rate of 72.3%.

This chart shows the percentage of owner in Olin, IA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$51,932

Median Household Income

± $18,764

287

Number of Households

± 69

In 2024, the median household income of the 287 households in Olin, IA declined from $51,932 from the previous year's value of $67,120.

The following chart displays the households in Olin, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Olin, IA is from Iowa.

0.435

2024 Wage GINI in Iowa

0.441

2023 Wage GINI in Iowa

In 2024, the income inequality in Iowa was 0.435 according to the GINI calculation of the wage distribution. Income inequality had a 1.29% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Iowa was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (64.5%)
Carpooled (27.1%)
Worked At Home (6.58%)

In 2024, 64.5% of workers in Olin, IA drove alone to work, followed by those who carpooled to work (27.1%) and those who worked at home (6.58%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

38.2 minutes

Average Travel Time

Using averages, employees in Olin, IA have a longer commute time (38.2 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Olin, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Olin, IA compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Olin, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Olin, IA have 1 car.

Poverty

Poverty & Diversity

20% of the population for whom poverty status is determined in Olin, IA (165 out of 827 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 18 - 24, followed by Males 35 - 44 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Olin, IA is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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