Last updated: 2024 BLS data · Page refreshed:
Oak Island has a population of 9,030 with a median age of 62.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 9,030 |
| Median Age | 62.3 |
| White | 94.1% |
| Black or African American | 1.0% |
| Asian | 0.7% |
| Hispanic or Latino | 1.1% |
| Other / Two or More Races | 3.1% |
The median household income in Oak Island is $85,872, which is 6.5% above the national median of $80,610. The per capita income is $64,025. The poverty rate is 8.7%.
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In Oak Island, 96.8% of residents age 25+ have a high school diploma or higher, and 43.6% hold a bachelor's degree or higher (16.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.8% |
| Bachelor's Degree or Higher | 43.6% |
| Graduate or Professional Degree | 16.2% |
The median home value in Oak Island is $456,500, above the national median of $303,400. The median monthly rent is $1,339. The homeownership rate is 89.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $456,500 |
| Median Monthly Rent | $1,339 |
| Homeownership Rate | 89.7% |
| Vacancy Rate | 57.4% |
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