At a Glance
Median Income
$65,714
$30,646 per capita
Home Value
$102,000
Zillow: $297,773
Median Rent
$945/mo
51.0% of income on rent
Bachelor's Degree+
5.0%
91.5% high school+
Unemployment
1.7%
11.6% poverty rate
Obesity Rate
40.8%
19.3% smoking rate
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+
3.5 / 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 $65,714 , which is 13% below the national average of $75,149.
Per capita income is $30,646. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 11.6% of residents live below the poverty line. The area is home to 1,672 business establishments, including 89 restaurants.
Housing & Cost of Living
The median home value in Oakwood is $102,000 , 64% below the national median of $281,900.
Zillow estimates the typical home at $297,773. Median rent is $945/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1969.
Education
5.0% of adults in Oakwood hold a bachelor's degree or higher
(85% below the national average).
91.5% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Oakwood has an average annual temperature of 67°F (19°C).
Winters average 49°F in January while summers reach 84°F in July. Annual precipitation totals 42.6 inches.
Data Overview
People
Population510
Median Age51.5 yrs
Density451/mi²
Male / Female51% / 49%
Foreign Born0.6%
Veterans2.5%
Economy
A
Median Income$65,714
Per Capita$30,646
Unemployment1.7%
Poverty11.6%
County GDP$2,738M
Avg Weekly Wage$1,138
Housing
A+
Home Value$102,000
Rent$945
Ownership80.9%
Zillow$297,773
Housing Units237
Rent Burden51.0%
Health
Obesity40.8%
Diabetes14.0%
Smoking19.3%
Heart Disease6.3%
Premature Death11,854/100K
Climate
Avg Temp67°F
Rain42.6 in/yr
Elevation282 ft
Education
F
Bachelor's+5.0%
High School+91.5%
Graduate+2.6%
School Score5.1/10
Community
2024 VoteR 81% / D 19%
Commute29 min
Broadband73.0%
Internet Speed24 Mbps
EV Stations1
Libraries2
Did You Know?
The median home in Oakwood was built in 1969.
The nearest airport is Tyler Pounds Regional (59 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
33.3% of the population has a disability.
The county recorded 15 fatal vehicle crashes.
182 declared natural disasters on record.