Olds is located in southeast Iowa. Olds is part of Henry County. Olds has 0.34 square miles of land area and has no water area. As of 2010-2014, the total Olds population is 247, which has shrunk 0.80% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Olds median household income is $59,375 in 2010-2014 and has grown by 86.27% since 2000. The income growth rate is much higher than the state average rate of 33.56% and is much higher than the national average rate of 27.36%. Olds median house value is $84,400 in 2010-2014 and has grown by 74.74% since 2000. The house value growth rate is higher than the state average rate of 53.09% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Olds is much better than the state average in quality. The Olds area code is 319.