Oelwein at a Glance
Population
5,934
Median Home Value
$97,000
Nat'l avg: $281,900
Median Rent
$790
Nat'l avg: $1,163
Median Income
$41,629
Nat'l avg: $74,580
Violent Crime
1.9 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Oelwein
Dive deeper into Oelwein with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Oelwein ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Oelwein
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Oelwein
Young Professionals
Best neighborhoods for career starters in Oelwein
Retiree Neighborhoods
Best neighborhoods for retirees in Oelwein
Living In Guide
Complete guide to life in Oelwein — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Oelwein with detailed data
About Oelwein
Oelwein, Iowa, is a refreshing departure from the ordinary, offering a lifestyle centered around affordability and community. Nestled in the heart of Iowa, this town of nearly 6,000 residents boasts a remarkably low median home value of just $97,000. That's a steal compared to the national average! You'll find a slower pace of life here, where neighbors know each other and the cost of living allows for a more relaxed existence. While the median household income of $41,629 reflects the area's affordability, it also highlights the potential for significant savings on housing, allowing residents to allocate resources to other aspects of their lives. From an investment perspective, Oelwein presents a compelling opportunity. The housing market is stable, and the extremely low home prices make it accessible for first-time homebuyers or those looking to downsize and enjoy a simpler way of life. While specific employment data isn't readily available, the town offers a safe and welcoming environment. Oelwein is ideally suited for those seeking a tight-knit community, a low cost of living, and a chance to escape the hustle and bustle of city life.