The median home value in Oelwein, IA is $84,900. This is lower than the county median home value of $118,200. The national median home value is $338,100. The average price of homes sold in Oelwein, IA is $84,900. Approximately 57.93% of Oelwein homes are owned, compared to 27.66% rented, while 14.41% are vacant. Oelwein real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Oelwein real estate agent to arrange a tour today!
Learn More About Oelwein Real EstateOelwein has a population of approximately 5,961 and experiences a population change rate of -10.92%. The population density is 1,232.9 / sq mi.
The median household income for Oelwein is $38,325, with 2,494 households and an average household size of 2.34.
The cost of living index in Oelwein is 78.3%.
The median value of a home in Oelwein is $84,900 with an appreciation rate of 13.3%. 57.9% of housing in the city is owned while 27.7% is rented.
The unemployment rate in Oelwein is 2.60%, and recent job growth is at 2.82%. Future job growth is projected at 38.84%.
The sales tax rate in Oelwein is 7.00%, while the income tax rate is 7.44%.
School expenditures in Oelwein are $14,321, and the school ratio is 13.7:1.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 36.8 inches per year, with 34.6 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 90.6 | 92.57 |
College Degree - 2 year | 9.38 | 11.75 |
College Degree - 4 year | 14.21 | 17.2 |
Graduate Degree | 3.43 | 3.39 |
Expenditures per Student | $14,321 | $14,321 |
Students per Teacher | 13.70 | 13.70 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Fairbank Elementary School | PK - 06 | 222 | 15.3 | 50629 |
Little Husky Learning Center | PK - KG | 185 | 22.6 | 50622 |
Parkside Elementary School | 01 - 01 | 87 | 10.4 | 50662 |
Prairie Grove Elementary School | KG - 08 | 34 | 17 | 50641 |
Rural Elementary School #1 | KG - 08 | 39 | 26 | 50629 |
Rural Elementary School #2 | KG - 08 | 34 | 22.7 | 50629 |
Rural Elementary School #3 | KG - 08 | 29 | 29 | 50629 |
Rural Elementary School #4 | KG - 08 | 31 | 31 | 50629 |
Triumph Elementary School | KG - 08 | 49 | 24.5 | 50641 |
West Central K - 8 School | PK - 08 | 195 | 13.2 | 50655 |
Wings Park Elementary School | 02 - 05 | 366 | 13.2 | 50662 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
North Fayette Elementary Fayette Center | 05 - 06 | 105 | 11.3 | 52142 |
Oelwein Middle School | 06 - 08 | 276 | 15 | 50662 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Northeast IOWA Charter High School | 10 - 12 | 0 | null | 50655 |
Oelwein High School | 09 - 12 | 385 | 14.9 | 50662 |
Wapsie Valley High School | 07 - 12 | 269 | 12.5 | 50629 |
West Central Senior High School | 09 - 12 | 81 | 7.6 | 50655 |