What percentage of people rent in Red Oak, IA?

40.1% (±6.6 points) of the occupied homes in Red Oak, IA are rented (2020–2024 American Community Survey).

That is 979 renting households against 1,462 that own their home.

In Red Oak, the share of households that rent went from 35.6% in 2015–2019 to 40.1% in 2020–2024 (+4.5 percentage points), not a measurable change.

Figures last updated on .

Households that rent
40.1% (±6.6 points)
Renting households
979 (±162)
Median renter income
$25,504 (±$7,650)

Who rents and who owns in Red Oak

Tenure, estimate (90% margin of error)
Red OakMontgomery CountyIowaUnited States
Renter-occupied share40.1% (±6.6 points)30.9% (±4.2 points)28.3% (±0.3 points)34.8%
Renting households979 (±162)1,415 (±194)372,311 (±3,635)45,017,354
Owning households1,462 (±188)3,170 (±220)943,396 (±5,414)84,210,142
Average renter household size2.3 (±0.3)2.1 (±0.2)2.0 (±0.0)2.3
Average owner household size2.1 (±0.2)2.2 (±0.1)2.5 (±0.0)2.6
Median renter household income$25,504 (±$7,650)$33,850 (±$11,252)$43,297 (±$758)$52,966
Median owner household income$66,875 (±$10,005)$79,872 (±$7,038)$91,638 (±$512)$100,009

In Red Oak, the renter share is higher than in Montgomery County (30.9%).

It is also higher than in Iowa (28.3%).

It is not measurably different from the national figure (34.8%).

In Montgomery County, Red Oak ranks 1 of 6 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 38 of 943.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Red Oak has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent35.6% (±5.4 points)40.1% (±6.6 points)+4.5 percentage pointsNot a measurable change
Median gross rent$642 (±$33)$812 (±$69)+26.5%No measurable change after inflation
Median household income$43,085 (±$4,874)$50,109 (±$7,799)+16.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Red Oak

Nearest places with a published estimate, compared with Red Oak
PlaceDistanceHouseholds that rentCompared with this place
Red Oak—40.1% (±6.6 points)—
Stanton6.7 mi18.3% (±7.5 points)Lower
Coburg6.9 mi23.5% (±27.8 points)Not measurably different
Emerson9.3 mi17.5% (±9.3 points)Lower
Elliott9.9 mi26.3% (±10.1 points)Lower
Essex13 mi20.9% (±8.6 points)Lower
Henderson14 mi6.0% (±8.6 points)Lower
Villisca14 mi27.3% (±9.7 points)Lower
Hastings14 mi7.0% (±6.6 points)Lower

Nearby places with a measurably lower figure: Stanton, IA (18.3%), Emerson, IA (17.5%), Elliott, IA (26.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Montgomery County, place by place

RankPlaceHouseholds that rent
1Red Oak40.1% (±6.6 points)
2Villisca27.3% (±9.7 points)
3Elliott26.3% (±10.1 points)
4Coburg23.5% (±27.8 points)
5Stanton18.3% (±7.5 points)
6Grant4.8% (±9.3 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Red Oak

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Questions about Red Oak

How many renters are there in Red Oak?

Red Oak has an estimated 979 (±162) renting households, 40.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Red Oak?

In Red Oak, the share of households that rent went from 35.6% in 2015–2019 to 40.1% in 2020–2024 (+4.5 percentage points), not a measurable change.

How big are renting households in Red Oak?

A renting household in Red Oak has 2.3 people on average, against 2.1 in an owned home.

How much do renters earn in Red Oak?

The median renting household in Red Oak, IA has an income of $25,504 (±$7,650) a year, against $66,875 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Red Oak city, Iowa (place:66135, in state:19).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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