HomeIowaFayette CountyOelwein
Oelwein, Iowa: commercial real estate data.
Oelwein 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 since FY2020.
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
- 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
Counted by borrower city: approvals to borrowers whose address is in Oelwein, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$264,000
- Largest approval$704,000
- Jobs supported52
- Loans with a final outcome2
- Charged off1
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Oelwein, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Oelwein
Flood risk in Oelwein
- NFIP communityCity of Oelwein
- NFIP community number190126
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/13/24
The City of Oelwein participates in the National Flood Insurance Program as community 190126 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Fayette County, not Oelwein
Fayette County context, not Oelwein figures
- Establishments in Fayette County524
- Covered employment, Fayette County6,964
- Average annual pay, Fayette County$48,847
- Housing units permitted, Fayette County11
Every figure in this section is published for Fayette County as a whole and is not a measurement of Oelwein.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $254,000 since FY2020, across 3 lenders, median approval $75,000, plus 6 504 approvals worth $2.0 m since FY2010. 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Oelwein in the National Flood Insurance Program?
Yes. Oelwein appears in the FEMA Community Status Book as Oelwein, city of, community 190126, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Oelwein figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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