Oaktown, IN

Full City Profile · Indiana · Knox County County

3.3 /5.0
B Good
724 Population 2,681/sq mi density
$30,417 Median Income $25,163 per capita
$67,700 Home Value $183,028 Zillow
$705 Median Rent 32.2% income on rent
56°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$30,417 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$67,700 home value, $705/mo rent
F
Education
1.3 / 5.0
3.2% bachelor's degree or higher

Oaktown, IN

At a Glance

Median Income
$30,417
60% below
$25,163 per capita
Home Value
$67,700
76% below
Zillow: $183,028
Median Rent
$705/mo
39% below
32.2% of income on rent
Bachelor's Degree+
3.2%
91% below
70.2% high school+
Unemployment
1.9%
47% below
3.3% poverty rate
Obesity Rate
39.5%
23% above
21.4% smoking rate
Avg Temperature
56°F

How Oaktown Compares to the U.S. Average

Each bar shows Oaktown's value as a percentage of the national average (100% = U.S. avg)

Income
40%
Home Value
24%
Rent
61%
Poverty
27%
Bachelor's
9%
Unemployment
53%
Thin vertical line = U.S. national average (100%)

Is Oaktown a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oaktown residents earn a median household income of $30,417 , which is 60% below the national average of $75,149. Per capita income is $25,163. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 3.3% of residents live below the poverty line. The area is home to 950 business establishments, including 85 restaurants.

Housing & Cost of Living

The median home value in Oaktown is $67,700 , 76% below the national median of $281,900. Zillow estimates the typical home at $183,028. Median rent is $705/month, with 32.2% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1966.

Education

3.2% of adults in Oaktown hold a bachelor's degree or higher (91% below the national average). 70.2% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Oaktown has an average annual temperature of 56°F (13°C). Winters average 31°F in January while summers reach 77°F in July. Annual precipitation totals 41.7 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

People

Population724
Median Age48.8 yrs
Density2,681/mi²
Male / Female49% / 52%
Foreign Born0.0%
Veterans6.7%

Economy

B+
Median Income$30,417
Per Capita$25,163
Unemployment1.9%
Poverty3.3%
County GDP$2,502M
Avg Weekly Wage$980

Housing

A+
Home Value$67,700
Rent$705
Ownership61.9%
Zillow$183,028
Housing Units360
Rent Burden32.2%

Health

Obesity39.5%
Diabetes12.4%
Smoking21.4%
Heart Disease6.8%
Premature Death10,556/100K

Climate

Avg Temp56°F
Rain41.7 in/yr
AQI38 (Good)
Elevation473 ft

Education

F
Bachelor's+3.2%
High School+70.2%
Graduate+2.6%
School Score5.7/10

Community

2024 VoteR 74% / D 24%
Commute22 min
Broadband91.6%
Internet Speed153 Mbps
EV Stations5
Libraries3

Did You Know?

The median home in Oaktown was built in 1966.
The nearest airport is Lawrenceville-Vincennes International (12 miles).
The Gini coefficient (income inequality) is 0.454 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
26.2% of the population has a disability.
Average internet download speed is 153 Mbps.
The county recorded 6 fatal vehicle crashes.