Red Oak, IA Profile: Facts & Data

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Red Oak, Iowa - Basic Facts

The City of Red Oak had a population of 5,488 as of July 1, 2019. Red Oak ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Red Oak is located at latitude 41.0097 and longitude -95.2255 in Montgomery County. The formal boundaries for the City of Red Oak encompass a land area of 3.95 sq. miles and a water area of 0.06 sq. miles. Montgomery County is in the Central time zone (GMT -6). The elevation is 1,050 feet.

The City of Red Oak (GNIS ID: 2396337) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Red Oak is located within Township of Red Oak, a minor civil division (MCD) of Montgomery County.

Alternate Unofficial Names for Red Oak: Red Oak Junction.

Jump to... (On This Page!)
  1. Red Oak 2019 Demographic Data
  2. Growth Rates for Red Oak (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Iowa Research Tools (Easy Tools & Current Data)
  3. Iowa Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Red Oak, IA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Red Oak, IA Housing Affordability Index is 201
State of Iowa Housing Affordability Index is 164
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Red Oak, IA Wealth Index is 42
State of Iowa Wealth Index is 86
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Iowa COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 5,488 (100%)
Population in Households 5,377 (98.0%)
Population in Families 4,057 (73.9%)
Population in Group Quarters1 111 ( 2.0%)
Population Density 1,391
Diversity Index2 21
 

INCOME

Median Household Income $37,742
Average Household Income $50,096
Per Capita Income $21,627
Wealth Index4 42

HOUSING

Total Housing Units 2,847 (100%)
Owner Occupied HU 1,400 (49.2%)
Renter Occupied HU 982 (34.5%)
Vacant Housing Units 465 (16.3%)
Median Home Value $81,394
Housing Affordability Index3 201
 

HOUSEHOLDS

Total Households 2,382
Average Household Size 2.26
Family Households 1,408
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.49% -0.53%
Households -0.44% -0.55%
Families -0.5% -0.68%
Median Household Income   1.77%
Per Capita Income   2.13%

Red Oak, IA - Peer Comparisons by Rank and Percentile

The table below compares Red Oak to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 68 93rd
Population Density # 122 88th
Diversity Index # 171 83rd
Median Household Income # 992 2nd
Per Capita Income # 977 3rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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