From 1849 to 1856, the community was named Cincinnati, after Cincinnati, Ohio, the hometown of Eola founder Joshua "Sheep" Shaw.
According to the United States Census Bureau, the CDP has a total area of 0.1 square miles (0.2 km²), all of it land.
There were 29 households out of which 3.4% had children under the age of 18 living with them, 20.7% were married couples living together, and 75.9% were non-families. 69.0% of all households were made up of individuals and 13.8% had someone living alone who was 65 years of age or older. The average household size was 1.69 and the average family size was 3.14.
In the CDP the population was spread out with 10.2% under the age of 18, 4.1% from 18 to 24, 26.5% from 25 to 44, 49.0% from 45 to 64, and 10.2% who were 65 years of age or older. The median age was 50 years. For every 100 females there were 122.7 males. For every 100 females age 18 and over, there were 131.6 males.
The median income for a household in the CDP was $12,361, and the median income for a family was $0. Males had a median income of $0 versus $0 for females. The per capita income for the CDP was $9,489. There were no families and 29.8% of the population living below the poverty line, including no under eighteens and none of those over 64.