HomeIowaFayette CountyOelwein city
Oelwein city, Iowa: commercial real estate data.
Oelwein city is a Census city of 5,834 people across 4.81 square miles of land, in Fayette County. Median household income is $46,653, 76.6 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $254,000.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Oelwein
What Oelwein is
- Census place typecity
- Land area4.81 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,212
- County holding the largest share of its areaFayette County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oelwein
How many people live in Oelwein
- Population5,834
- Median age42.4
- Population under 181,315
- Share under 1822.5 percent
- Population 65 and over1,348
- Share 65 and over23.1 percent
- Households2,610
- Family households1,368
- Share of households that are families52.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oelwein
Income and work in Oelwein
- Median household income$46,653 plus or minus $10,232
- Per capita income$30,388
- Civilian labor force2,453
- Employed2,266
- Unemployed187 plus or minus 63
- Unemployment rate7.6 percent plus or minus 2.5
- Adults 25 and over4,184
- Adults 25 and over with a high school diploma or higher90.5 percent
- Adults 25 and over with a bachelor degree or higher17.5 percent plus or minus 3.7
- Adults 25 and over with a graduate degree7.1 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oelwein
Housing in Oelwein
- Housing units2,884
- Occupied units2,610
- Vacant units274 plus or minus 115
- Vacancy rate9.5 percent plus or minus 3.9
- Owner occupied1,998
- Renter occupied612 plus or minus 160
- Ownership rate76.6 percent
- Median owner-occupied home value$96,300
- Median gross rent, monthly$847
- Annual rent as a share of median income21.8 percent plus or minus 5.8
- Single family units2,399
- Share single family83.2 percent
- Units in buildings of two or more377 plus or minus 143
- Share in buildings of two or more13.1 percent plus or minus 4.9
- Mobile homes108 plus or minus 55
- Median year structure built1950
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oelwein
How Oelwein gets to work
- Workers 16 and over who commute2,172
- Commuting under 15 minutes1,181
- Share commuting under 15 minutes54.4 percent
- Commuting 30 minutes or more567 plus or minus 172
- Share commuting 30 minutes or more26.1 percent plus or minus 7.6
- Drove alone77.9 percent
- Carpooled10.6 percent plus or minus 4.6
- Public transport0.0 percent
- Walked5.1 percent plus or minus 3.4
- Worked from home5.3 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oelwein
SBA loans in Oelwein (7(a))
- Approvals3
- Gross approval$254,000
- Average approval$84,667
- Median approval$75,000
- Ninetieth percentile approval$149,000
- Largest approval$149,000
- Jobs supported42
- Jobs per approval14.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises33.3 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Oelwein
SBA loans in Oelwein (504)
- Approvals6
- Gross approval$2,003,000
- Average approval$333,833
- Median approval$374,000
- Largest approval$704,000
- Jobs supported52
- Loans with a final outcome2
- Charged off1
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fayette County, not Oelwein
Fayette County context, not Oelwein figures
These are Fayette County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Oelwein measurements.
- Establishments in Fayette County524
- Employment at those establishments, Fayette County5,706
- Covered employment, Fayette County6,964
- Average annual pay, Fayette County$48,847
- Average weekly wage, Fayette County$939
- Housing units permitted, Fayette County11
- Of those, single family, Fayette County9
- County product, 2024, Fayette County$1,074,991,000
- County product change over the prior year, Fayette County6.7 percent
- Average income of an arriving household, Fayette County$48,126
Every figure in this section is published for Fayette County as a whole and is not a measurement of Oelwein. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Oelwein questions, answered from the record.
How many people live in Oelwein, Iowa?
5,834, in 2,610 households. Oelwein city covers 4.81 square miles of land, which is 1,212 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Oelwein in?
Fayette County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Oelwein?
$46,653. The median owner-occupied home is valued at $96,300. Median gross rent is $847 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Oelwein businesses?
3 7(a) approvals totalling $254,000, across 3 lenders, median approval $75,000, plus 6 504 approvals worth $2.0 m. These count approvals to borrowers whose address is in Oelwein, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Oelwein borrowers get paid back?
No rate is published for Oelwein. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Oelwein figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fayette County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Oelwein.
Is zoning published for Oelwein?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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