Median Income
$62,738
household / year
Median Home Value
$91,200
owner-occupied
Median Rent
$725
gross / month
Cost of Living
90
national avg = 100

Is Olin, IA a Good Place to Live?

Olin is a small town of 875 in Iowa, with a median household income of $62,738 and a 14.1% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Olin stands out for an affordable cost of living, below-average home prices, solid school ratings (A-).

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Olin is right for you depends on your priorities — the full breakdown is below.

All Olin city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.0

Olin's overall cost of living index is 90.0, where 100 represents the US national average. Living in Olin costs roughly 10% less than the average American city.

Metric Olin, IA National Avg
Median Home Value $91,200 $244,900
Median Monthly Rent $725 $1,163
Homeownership Rate 73.3% 65.9%
Median Household Income $62,738 $74,755

Crime & Safety

Very Safe

Olin's violent crime rate is 106.4 per 100,000 residents — 72% lower than the national average of ~380 per 100,000.

Violent Crime
106.4 /100k
Property Crime
382.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Olin is served primarily by Olin Consolidated School District. The student-to-teacher ratio is 6.7:1 (better than the national average of ~16:1).

Metric Olin, IA National Avg
School District Olin Consolidated School District
Elementary Schools 1
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio 6.7:1 16:1
Bachelor's Degree or Higher 4.8% 35.4%
High School Diploma or Higher 93.2% 91.1%

Weather & Climate

Olin sees average highs of 28.5°F in January and 82.5°F in July, with 40.0 inches of annual precipitation and 39.8 inches of snow per year.

MetricOlin, IA
Average High — January28.5°F
Average High — July82.5°F
Annual Precipitation40.0"
Annual Snowfall39.8"

Demographics

MetricOlin, IANational Avg
Population875
Median Age32.638.9
Unemployment Rate14.1%3.7%
Avg Commute Time33.3 min26 min
White (non-Hispanic)85.1%59.3%
Black or African American0.0%13.6%
Hispanic or Latino13.8%18.9%
Asian1.0%6.3%
Under 1819.8%22.2%
65 and over10.2%16.8%

Nearby Cities

ZIP Codes in Olin

Olin, IA is covered by 1 ZIP code:

Olin vs Other Cities

Frequently Asked Questions

Olin's cost of living index is 90, where 100 is the national average. That makes Olin roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $91,200 and median rent is $725/month.
Olin's violent crime rate is 106.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 382.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Olin are operated by Olin Consolidated School District. The district has 1 elementary, several middle, and several high schools. The student-to-teacher ratio is 6.7:1. 4.8% of adults 25+ hold a bachelor's degree or higher.
Olin, IA has a population of 875, a median household income of $62,738, and an unemployment rate of 14.1%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Olin averages 28.5°F in January and 82.5°F in July. Annual rainfall is 40.0 inches with about 39.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Olin, IA is covered by 1 ZIP code: 52320.
The population of Olin, Iowa is 875 with a median age of 32.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Olin: cost of living index 90 (100 = US average), median home $91,200, median household income $62,738, crime index 24 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Olin side by side with your current city to see the trade-offs.