At a Glance
Median Income
$72,273
$29,742 per capita
Home Value
$112,500
Zillow: $141,502
Median Rent
$1,261/mo
51.0% of income on rent
Violent Crime
508/100K
3,836/100K property
Bachelor's Degree+
21.4%
95.3% high school+
Unemployment
3.0%
6.2% poverty rate
Obesity Rate
31.9%
21.8% smoking rate
Avg Temperature
51°F
275 sunny days/yr
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)
Thin vertical line = U.S. national average (100%)
Is Oakwood a Good Place to Live?
B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Oakwood residents earn a median household income of $72,273 , which is 4% below the national average of $75,149.
Per capita income is $29,742. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 6.2% of residents live below the poverty line. The area is home to 6,253 business establishments, including 557 restaurants.
Housing & Cost of Living
The median home value in Oakwood is $112,500 , 60% below the national median of $281,900.
Zillow estimates the typical home at $141,502. Median rent is $1,261/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 97.6 (100 = national average). The median home was built in 1958.
Safety & Crime
Oakwood reports 508 violent crimes per 100,000 residents
, which is 34% above the national average of 380/100K.
Property crime is 3,836/100K.
Education
21.4% of adults in Oakwood hold a bachelor's degree or higher
(36% below the national average).
95.3% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Oakwood has an average annual temperature of 51°F (11°C).
Winters average 28°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 41.8 inches. Air quality is rated Good with a median AQI of 40.
Data Overview
People
Population2,263
Median Age45.0 yrs
Density874/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans10.9%
Economy
A
Median Income$72,273
Per Capita$29,742
Unemployment3.0%
Poverty6.2%
County GDP$12,615M
Avg Weekly Wage$993
Housing
A+
Home Value$112,500
Rent$1,261
Ownership93.8%
Zillow$141,502
Housing Units976
Rent Burden51.0%
Crime
F
Violent508/100K
Property3,836/100K
Health
Obesity31.9%
Diabetes10.3%
Smoking21.8%
Heart Disease6.1%
Premature Death12,041/100K
Climate
Avg Temp51°F
Sunny Days275/yr
Rain41.8 in/yr
AQI40 (Good)
Elevation1,032 ft
Education
C+
Bachelor's+21.4%
High School+95.3%
Graduate+2.8%
School Score5.9/10
Community
2024 VoteR 54% / D 45%
Commute21 min
Broadband92.1%
Internet Speed140 Mbps
EV Stations3
Libraries16
Did You Know?
The median home in Oakwood was built in 1958.
15.4% work from home.
The nearest airport is Youngstown/Warren Regional (23 miles).
The Gini coefficient (income inequality) is 0.469 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
18.7% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 140 Mbps.
There are 557 restaurants in the area.
The county recorded 34 fatal vehicle crashes.