Last updated: 2024 BLS data · Page refreshed:
Oak City has a population of 353 with a median age of 55.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 353 |
| Median Age | 55.5 |
| White | 22.1% |
| Black or African American | 75.1% |
| Hispanic or Latino | 3.1% |
The median household income in Oak City is $61,091, which is 24.2% below the national median of $80,610. The per capita income is $27,593. The poverty rate is 5.9%.
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In Oak City, 85.4% of residents age 25+ have a high school diploma or higher, and 11.1% hold a bachelor's degree or higher (2.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.4% |
| Bachelor's Degree or Higher | 11.1% |
| Graduate or Professional Degree | 2.8% |
The median home value in Oak City is $96,100, below the national median of $303,400. The median monthly rent is $975. The homeownership rate is 45.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $96,100 |
| Median Monthly Rent | $975 |
| Homeownership Rate | 45.5% |
| Vacancy Rate | 28.0% |
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