The Town FilesOldenburg, Indiana
Town in Franklin County · population 647 (2020 Census)
- Median home
- $276,100
- Household income
- $79,583
- Jan low / Jul high
- 21° / 87°
- Snow a year
- 17 in
- Tornadoes ≤10 mi since 1950
- 10
- Median age
- 39.8
Oldenburg is a town of 647 people in Franklin County, Indiana. The median home is worth $276,100, above the typical Indiana town ($150,400). It ranks better for retirees than 91% of Indiana towns, more upscale than 88% of Indiana towns, better for cycling than 88% of Indiana towns.
How Oldenburg ranks
Percentile among Indiana towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Indiana towns.
Homes and cost of living
The median home in Oldenburg is worth $276,100, above the typical Indiana town ($150,400). Homes cost about 3.5 times the median household income of $79,583, which is more affordable than 8% of Indiana towns. Median rent is $681 a month. 70.8% of households own their home.
| Housing | Oldenburg | Typical Indiana town |
|---|---|---|
| Median home value | $276,100 | $150,400 |
| Median rent | $681 | $888 |
| Median household income | $79,583 | $61,953 |
| Home value ÷ income | 3.5× | 2.5× |
| Homeownership | 70.8% | 73.4% |
| Median year built | 1964 | 1966 |
| Seasonal / vacation homes | 0.9% | — |
Who lives in Oldenburg
| People | Oldenburg | Typical Indiana town |
|---|---|---|
| Median age | 39.8 | 38.9 |
| Age 65 and over | 31.8% | 17.1% |
| Under 18 | 28.1% | — |
| Bachelor's degree or higher | 51.8% | 17.4% |
| Below the poverty line | 18.6% | 11.6% |
| Veterans | 2.3% | — |
| Born outside the U.S. | 0.0% | — |
| Work from home | 13.7% | 6.2% |
| Average commute | 21.9 min | 24.7 min |
| Homes with broadband | 84.0% | 89.2% |
Weather in Oldenburg
July highs average 87.1°F and January lows 20.5°F. About 43.8 inches of rain and melted snow fall a year, with 17.1 inches of snow (typical Indiana town: 21.1 in). Expect about 32 days a year at 90°F or hotter and 119 nights at or below freezing.
Tornadoes, storms and disasters
10 tornadoes have passed within 10 miles of Oldenburg since 1950, compared with 23 for the typical Indiana town. 2 rated (E)F2 or stronger. The strongest, an F4, struck on April 3, 1974 about 4.1 miles from the town center and killed 2. Tornadoes within 10 miles have caused 4 deaths and 18 injuries since 1950. The most recent was on May 16, 2025.
Hail of 1 inch or larger has been reported within 10 miles 13 times; the largest was 2.75 inches on August 25, 2018.
Severe weather in Franklin County since 1996
Franklin County has been included in 24 federal disaster or emergency declarations since 1953, most often for flood, tornado, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| August 25, 2026 | Flood | DR-4933: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| August 15, 2026 | Flood | EM-3651: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| January 24, 2026 | Winter Storm | EM-3641: Severe Winter Storm |
| July 22, 2025 | Flood | DR-4882: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| April 3, 2020 | Biological | DR-4515: Covid-19 Pandemic |
Jobs and pay in Franklin County
Franklin County had 4,084 jobs in 2024, paying an average of $44,624 a year. Unemployment was 3.1% in 2023; in Oldenburg itself the ACS puts it at 0.9%.
Towns near Oldenburg
- Batesville, IN2.9 mi · 7,202 people · home $225,400
- Lake Santee, IN7.4 mi · 889 people · home $245,500
- Sunman, IN9.2 mi · 914 people · home $194,500
- Brookville, IN11.9 mi · 2,622 people · home $180,700
- St. Leon, IN13.0 mi · 660 people · home $280,800
- Osgood, IN15.3 mi · 1,587 people · home $149,800
- Milan, IN15.4 mi · 1,823 people · home $157,400
- Greensburg, IN15.9 mi · 12,312 people · home $191,400
Oldenburg questions
Is Oldenburg, Indiana a good place to retire?
On The Town Files lifestyle rankings, Oldenburg scores better for retirees than 91% of Indiana towns and quieter than 54%. 31.8% of residents are 65 or older (median age 39.8).
How much does a house cost in Oldenburg?
The median owner-occupied home in Oldenburg is valued at $276,100 (Census ACS 2020–2024), against a median household income of $79,583, so homes cost about 3.5 times income. Median rent is $681 a month.
What is the weather like in Oldenburg?
July highs average 87.1°F and January lows 20.5°F (NOAA 1991–2020 normals). It gets about 43.8 inches of precipitation a year and 17.1 inches of snow.
Does Oldenburg get tornadoes?
10 tornadoes have passed within 10 miles of Oldenburg since 1950 (NOAA Storm Events); the strongest was a F4 on April 3, 1974. The typical Indiana town has had 23.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)