A small town located in Iowa, Red Oak has a population of slightly more than 5,000. Retirees account for a greater percentage of the population (21%) here than nationally (14%), while young professionals figure less prominently in the demographics. The majority of residents own their homes in Red Oak, and 38% of residents rent. With a relatively low average rent of $695 per month in the town, renting remains an affordable option, particularly compared to other cities in Iowa. Each month, renters in Red Oak will pay around $115 less compared to the state average.
Red Oak has an average commute time of about 17 minutes, shorter than the state average of about 20 minutes. Driving a car or truck is the most common means of commuting to work, chosen by 38% of workers, while public transportation is not extensively used. A small percentage of residents (2%) commute to work on foot, though the number exceeds the national average.
Many Red Oak residents work in one of three industries: manufacturing, retail, and healthcare. Combined, these industries make up 26% of the workforce in the town. Meanwhile, in terms of job function, many of the town's workers are in sales, as 8% of the town's population reports this as their field of work, the highest number of any career path. Red Oak workers take home an average annual income of just over $46K, less than those elsewhere in Iowa. Red Oak's average income also trails the national average of $73,345. Red Oak has a relatively high percentage of residents over the age of 25 who have earned an Associate's degree (7%) compared to the national average (5%). Further, 8% have a Bachelor's degree and 2% possess a Master's degree or Doctorate.
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