[2][3] Despite the town's relatively small size, Ølgod calls itself "Denmark's smallest city" due to its relatively large amount of shops, restaurants, associations, healthcare opportunities etc.

Hjedding Andelsmejeri, situated about 2 kilometres (1.2 mi) south of Ølgod, was the first cooperative dairy in Denmark, founded in 1882.

Now it is a museum where the machines that helped to revolutionise the Danish dairy operation are on display.

The former Ølgod Municipality covered an area of 247 square kilometres (95 sq mi) and had a total population of 11,351 as of 2005.

Ølgod native Maren Madsen Christensen wrote a memoir titled Fra Jyllands Brune Heder til Landet Over Havet (Eng: From Jutland's Brown Heather to the Land Across the Sea) about her time growing up in Denmark and her later life in Yarmouth, Maine.