Oakwood, OH

Full City Profile · Ohio · Montgomery County County

5.0 /5.0
A+ Excellent
9,480 Population 4,309/sq mi density
$158,968 Median Income $72,372 per capita
$350,100 Home Value $161,945 Zillow
$1,320 Median Rent 20.7% income on rent
53°F Avg Temperature
A+
Overall
5.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$158,968 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$350,100 home value, $1,320/mo rent
A+
Education
5.0 / 5.0
75.1% bachelor's degree or higher

Oakwood, OH

At a Glance

Median Income
$158,968
112% above
$72,372 per capita
Home Value
$350,100
24% above
Zillow: $161,945
Median Rent
$1,320/mo
13% above
20.7% of income on rent
Bachelor's Degree+
75.1%
123% above
98.3% high school+
Unemployment
2.5%
31% below
2.1% poverty rate
Obesity Rate
41.6%
30% above
17.7% smoking rate
Avg Temperature
53°F

How Oakwood Compares to the U.S. Average

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

Income
212%
Home Value
124%
Rent
113%
Poverty
17%
Bachelor's
223%
Unemployment
69%
Thin vertical line = U.S. national average (100%)

Is Oakwood a Good Place to Live?

A+
5.0 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oakwood residents earn a median household income of $158,968 , which is 112% above the national average of $75,149. Per capita income is $72,372. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.1% of residents live below the poverty line. The area is home to 13,276 business establishments, including 1,139 restaurants.

Housing & Cost of Living

The median home value in Oakwood is $350,100 , 24% above the national median of $281,900. Zillow estimates the typical home at $161,945. Median rent is $1,320/month, with 20.7% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1938.

Education

75.1% of adults in Oakwood hold a bachelor's degree or higher (123% above the national average). 98.3% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Oakwood has an average annual temperature of 53°F (12°C). Winters average 28°F in January while summers reach 76°F in July. Annual precipitation totals 41.6 inches. Air quality is rated Good with a median AQI of 47.

Data Overview

People

Population9,480
Median Age38.9 yrs
Density4,309/mi²
Male / Female47% / 53%
Foreign Born4.3%
Veterans7.6%

Economy

A+
Median Income$158,968
Per Capita$72,372
Unemployment2.5%
Poverty2.1%
County GDP$40,097M
Avg Weekly Wage$1,182

Housing

A+
Home Value$350,100
Rent$1,320
Ownership79.7%
Zillow$161,945
Housing Units3,864
Rent Burden20.7%

Health

Obesity41.6%
Diabetes11.6%
Smoking17.7%
Heart Disease6.4%
Premature Death12,141/100K

Climate

Avg Temp53°F
Rain41.6 in/yr
AQI47 (Good)
Elevation981 ft

Education

A+
Bachelor's+75.1%
High School+98.3%
Graduate+41.3%
School Score5.4/10

Community

2024 VoteR 49% / D 50%
Commute21 min
Broadband98.2%
Internet Speed151 Mbps
EV Stations8
Libraries27

Did You Know?

Oakwood was founded in 1908.
The median home in Oakwood was built in 1938.
15.8% work from home.
The nearest airport is James M Cox Dayton International (13 miles).
The Gini coefficient (income inequality) is 0.459 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
8.7% of the population has a disability.
Average internet download speed is 151 Mbps.
There are 1,139 restaurants in the area.
The county recorded 62 fatal vehicle crashes.