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Oakland, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,254
Population
$53,289
Median Income
$244,400
Home Value
51.1
Median Age

Demographics

Oakland has a population of 2,254 with a median age of 51.1. Here is the racial and ethnic breakdown of the population:

White
95.9%
Hispanic
1.9%
Asian
1.0%
Other
0.9%
Demographic Value
Total Population2,254
Median Age51.1
White95.9%
Black or African American0.3%
Asian1.0%
Hispanic or Latino1.9%
Other / Two or More Races0.9%
Oakland, Maryland — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 95.9%Other: 4.1%2,254PopulationWhiteWhite95.9%OtherOther4.1%

Income & Economy

The median household income in Oakland is $53,289, which is 33.9% below the national median of $80,610. The per capita income is $36,775. The poverty rate is 17.5%.

$53,289
Median Household Income
$36,775
Per Capita Income
17.5%
Poverty Rate

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Education

In Oakland, 92.4% of residents age 25+ have a high school diploma or higher, and 29.3% hold a bachelor's degree or higher (16.3% with a graduate or professional degree).

HS Diploma+
92.4%
Bachelor's+
29.3%
Graduate+
16.3%
Education Level % of Adults (25+)
High School Diploma or Higher92.4%
Bachelor's Degree or Higher29.3%
Graduate or Professional Degree16.3%

Housing

The median home value in Oakland is $244,400, below the national median of $303,400. The median monthly rent is $670. The homeownership rate is 47.5%.

$244,400
Median Home Value
$670/mo
Median Rent
47.5%
Homeownership Rate
Housing Metric Value
Median Home Value$244,400
Median Monthly Rent$670
Homeownership Rate47.5%
Vacancy Rate13.9%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Oakland, Maryland?
The population of Oakland, Maryland is 2,254 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oakland, Maryland?
The median household income in Oakland, Maryland is $53,289. This is 33.9% below the national median of $80,610.
What is the median home value in Oakland, Maryland?
The median home value in Oakland, Maryland is $244,400. The median monthly rent is $670.
What percentage of people in Oakland have a college degree?
In Oakland, Maryland, 29.3% of adults age 25 and older hold a bachelor's degree or higher, and 92.4% have a high school diploma or higher.
Is Oakland, Maryland an affordable place to live?
The home price-to-income ratio in Oakland, Maryland is 4.6x (median home value $244,400 vs. median income $53,289), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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