12.7% of Olds, IA residents had an income below the poverty level in 2022, which was 13.5% greater than the poverty level of 11.0% across the entire state of Iowa. The renting rate among poor residents was 100.0%. For comparison, it was 25.0% among residents with income above the poverty level.
Poverty rates in Olds, IA
Residents with income below the poverty level in 2022:
Olds:
12.7%
Whole state:
11.0%
Residents with income below 50% of the poverty level in 2022:
Olds:
10.0%
Whole state:
5.4%
Renting rate in this city among poor and not poor residents:
Residents below poverty level:
100.0%
Residents above poverty level:
25.0%
Poverty by age in Olds, IA
Breakdown by age of poor male residents in Olds,IA (percentage below poverty level)
0.0%Under 5 years
0.0%5 years
29.4%6 to 11 years
0.0%12 to 14 years
8.3%18 to 24 years
0.0%25 to 34 years
0.0%35 to 44 years
0.0%45 to 54 years
7.1%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Breakdown by age of poor female residents in Olds,IA (percentage below poverty level)
0.0%Under 5 years
0.0%6 to 11 years
100.0%15 years
0.0%18 to 24 years
27.0%25 to 34 years
9.0%35 to 44 years
0.0%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Breakdown by age of very poor residents in Olds,IA (% below half of poverty level)
0.0%Under 6 years
30.0%6 to 11 years
30.0%12 to 17 years
10.0%18 to 24 years
9.5%25 to 34 years
8.3%35 to 44 years
0.0%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Poverty by race and place of birth in Olds, IA
Breakdown of poor residents within races in Olds, IA (%)
5.0%White
100.0%Black
0.0%Hispanic
Breakdown of poor residents within races in Olds, IA (absolute numbers)
6White
15Black
13.2%Below poverty level
86.8%Above poverty level
Poverty in families in Olds, IA
Children below poverty level:
Olds, Iowa:
22.9%
State:
11.9%
Poverty rate among high school graduates:
Olds:
9.2%
Iowa:
7.9%
16.7%Worked full-time, year-round
50.0%Worked part-time
33.3%Did not work
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