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The total population of Olin is estimated to be 875 with 457 males (52.23%) and 418 females (47.77%). There are 39 less females than males in Olin.
The median household income in Olin was $63,269 in 2021, which marked an an increase of 474(0.75%) from $62,795 in 2020. This income is 84.80% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Olin sees its highest median household income among householders in the age group of 45 to 64 years old, at $69,359. Overall, the median household income for the city of Olin stands at $63,269.
In Olin, the median income for all workers aged 15 years and older, regardless of work hours, was $36,585 for males and $22,294 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,749 for males and $42,336 for females.
In Olin, population is primarily represented by White households, reporting a median income of $59,180.
In 2022, the population of Olin was 661, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Olin's population was 661, an increase of 0.61% compared to a population of 657 in 2020.
The median age in Olin, IA is 32.5, as per 2021 ACS 5-Year Estimates. Of the total population, 18.02% were under the age of 15, 29.42% aged 15 to 29, 42.53% aged 30 to 64, 9.12% aged 65 to 84, and 0.91% were 85 years of age and older.
Racial distribution of Olin population: 86.43% are White, 1.03% are Asian, 0.23% are some other race and 12.31% are multiracial.