HomeIowaMontgomery CountyRed Oak city
Red Oak city, Iowa: commercial real estate data.
Red Oak city is a Census city of 5,510 people across 3.93 square miles of land, in Montgomery County. Median household income is $50,109, 59.9 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $2.5 m.
76 sourced place values · tier FULL · 8 sections
Red Oak
What Red Oak is
- Census place typecity
- Land area3.93 sq mi
- Water area0.06 sq mi
- Population per square mile of land1,404
- County holding the largest share of its areaMontgomery 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.
Red Oak
How many people live in Red Oak
- Population5,510
- Median age40.2
- Population under 181,342
- Share under 1824.4 percent
- Population 65 and over1,021
- Share 65 and over18.5 percent
- Households2,441
- Family households1,430
- Share of households that are families58.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Oak
Income and work in Red Oak
- Median household income$50,109
- Per capita income$28,822
- Civilian labor force2,371
- Employed2,302
- Unemployed69 plus or minus 42
- Unemployment rate2.9 percent plus or minus 1.7
- Adults 25 and over3,772
- Adults 25 and over with a high school diploma or higher88.7 percent
- Adults 25 and over with a bachelor degree or higher17.7 percent plus or minus 4.8
- Adults 25 and over with a graduate degree4.5 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Oak
Housing in Red Oak
- Housing units2,671
- Occupied units2,441
- Vacant units230 plus or minus 124
- Vacancy rate8.6 percent plus or minus 4.6
- Owner occupied1,462
- Renter occupied979
- Ownership rate59.9 percent
- Median owner-occupied home value$99,700
- Median gross rent, monthly$812
- Annual rent as a share of median income19.4 percent
- Single family units2,064
- Share single family77.3 percent
- Units in buildings of two or more534 plus or minus 156
- Share in buildings of two or more20.0 percent plus or minus 5.8
- Mobile homes73 plus or minus 46
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Oak
How Red Oak gets to work
- Workers 16 and over who commute2,045
- Commuting under 15 minutes1,252
- Share commuting under 15 minutes61.2 percent
- Commuting 30 minutes or more646 plus or minus 186
- Share commuting 30 minutes or more31.6 percent plus or minus 8.2
- Drove alone75.1 percent
- Carpooled13.3 percent plus or minus 5.7
- Public transport0.0 percent
- Walked0.7 percent plus or minus 1.0
- Worked from home11.0 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Oak
SBA 7(a) lending to Red Oak borrowers
- Approvals4
- Gross approval$2,467,300
- Average approval$616,825
- Median approval$724,300
- Ninetieth percentile approval$1,305,000
- Largest approval$1,305,000
- Jobs supported44
- Jobs per approval11.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term134 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises50.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
A charge-off rate is not published here. only 2 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.
Red Oak
SBA 504 lending to Red Oak borrowers
- Approvals2
- Gross approval$1,565,000
- Average approval$782,500
- Median approval$1,106,000
- Largest approval$1,106,000
- Jobs supported30
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery County, not Red Oak
Montgomery County context, not Red Oak figures
These are Montgomery County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Red Oak measurements.
- Establishments in Montgomery County294
- Employment at those establishments, Montgomery County3,420
- Covered employment, Montgomery County4,087
- Average annual pay, Montgomery County$51,354
- Average weekly wage, Montgomery County$988
- Housing units permitted, Montgomery County13
- Of those, single family, Montgomery County13
- County product, 2024, Montgomery County$557,186,000
- County product change over the prior year, Montgomery County-0.2 percent
- Average income of an arriving household, Montgomery County$50,594
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Red Oak. 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
Red Oak questions, answered from the record.
How many people live in Red Oak, Iowa?
5,510, in 2,441 households. Red Oak city covers 3.93 square miles of land, which is 1,404 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Red Oak in?
Montgomery 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 Red Oak?
$50,109. The median owner-occupied home is valued at $99,700. Median gross rent is $812 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Red Oak businesses?
4 7(a) approvals totalling $2.5 m, across 3 lenders, median approval $724,300, plus 2 504 approvals worth $1.6 m. These count approvals to borrowers whose address is in Red Oak, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Red Oak borrowers get paid back?
No rate is published for Red Oak. only 2 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 Red Oak figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery 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 Red Oak.
Is zoning published for Red Oak?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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