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The total population of St. Olaf is estimated to be 107 with 57 males (53.27%) and 50 females (46.73%). There are 7 less females than males in St. Olaf.
The median household income in St. Olaf was $72,691 in 2021, which marked an an increase of 453(0.63%) from $72,238 in 2020. This income is 97.43% 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, St. Olaf sees its highest median household income among householders in the age group of 45 to 64 years old, at $95,931. Overall, the median household income for the city of St. Olaf stands at $72,691.
In St. Olaf, the median income for all workers aged 15 years and older, regardless of work hours, was $48,641 for males and $32,427 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,053 for males and $44,926 for females.
In St. Olaf, population is primarily represented by White households, reporting a median income of $72,691.
In 2022, the population of St. Olaf was 102, a 0.97% decrease year-by-year from 2021. Previously, in 2021, St. Olaf's population was 103, a decline of 0.00% compared to a population of 103 in 2020.
The median age in St. Olaf, IA is 35.2, as per 2021 ACS 5-Year Estimates. Of the total population, 30.37% were under the age of 15, 12.59% aged 15 to 29, 48.15% aged 30 to 64, 8.89% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of St. Olaf population: 85.93% are White, 5.19% are Black or African American and 8.89% are multiracial.