At a Glance
Median Income
$76,071
$33,766 per capita
Home Value
$235,800
Zillow: $329,732
Median Rent
$1,028/mo
21.2% of income on rent
Bachelor's Degree+
21.8%
89.7% high school+
Unemployment
3.7%
5.0% poverty rate
Obesity Rate
36.3%
15.8% smoking rate
How Oakboro Compares to the U.S. Average
Each bar shows Oakboro's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Oakboro a Good Place to Live?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Oakboro residents earn a median household income of $76,071 , which is 1% above the national average of $75,149.
Per capita income is $33,766. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 1,703 business establishments, including 130 restaurants.
Housing & Cost of Living
The median home value in Oakboro is $235,800 , 16% below the national median of $281,900.
Zillow estimates the typical home at $329,732. Median rent is $1,028/month, with 21.2% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1985.
Education
21.8% of adults in Oakboro hold a bachelor's degree or higher
(35% below the national average).
89.7% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Oakboro has an average annual temperature of 60°F (16°C).
Winters average 41°F in January while summers reach 79°F in July. Annual precipitation totals 48.3 inches.
Data Overview
People
Population2,453
Median Age38.2 yrs
Density970/mi²
Male / Female49% / 51%
Foreign Born3.8%
Veterans8.7%
Economy
A
Median Income$76,071
Per Capita$33,766
Unemployment3.7%
Poverty5.0%
County GDP$2,785M
Avg Weekly Wage$860
Housing
A+
Home Value$235,800
Rent$1,028
Ownership79.9%
Zillow$329,732
Housing Units929
Rent Burden21.2%
Health
Obesity36.3%
Diabetes10.7%
Smoking15.8%
Heart Disease5.9%
Premature Death10,233/100K
Climate
Avg Temp60°F
Rain48.3 in/yr
Elevation513 ft
Education
C+
Bachelor's+21.8%
High School+89.7%
Graduate+4.8%
School Score5.6/10
Community
2024 VoteR 75% / D 24%
Commute34 min
Broadband95.1%
Internet Speed186 Mbps
EV Stations4
Libraries6
Did You Know?
The median home in Oakboro was built in 1985.
The nearest airport is Concord-Padgett Regional (24 miles).
The Gini coefficient (income inequality) is 0.454 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.6% of the population has a disability.
Average internet download speed is 186 Mbps.
There are 130 restaurants in the area.
The county recorded 4 fatal vehicle crashes.