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Oaktown, Indiana

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
860
Population
$38,333
Median Income
$65,200
Home Value
48.7
Median Age

Demographics

Oaktown has a population of 860 with a median age of 48.7. Here is the racial and ethnic breakdown of the population:

White
96.9%
Hispanic
3.1%
Demographic Value
Total Population860
Median Age48.7
White96.9%
Hispanic or Latino3.1%
Oaktown, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 96.9%Hispanic/Latino: 3.1%860PopulationWhiteWhite96.9%Hispanic/LatinoHispanic/Latino3.1%

Income & Economy

The median household income in Oaktown is $38,333, which is 52.4% below the national median of $80,610. The per capita income is $24,809. The poverty rate is 3.6%.

$38,333
Median Household Income
$24,809
Per Capita Income
3.6%
Poverty Rate

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Education

In Oaktown, 72.2% of residents age 25+ have a high school diploma or higher, and 4.6% hold a bachelor's degree or higher (1.4% with a graduate or professional degree).

HS Diploma+
72.2%
Bachelor's+
4.6%
Graduate+
1.4%
Education Level % of Adults (25+)
High School Diploma or Higher72.2%
Bachelor's Degree or Higher4.6%
Graduate or Professional Degree1.4%

Housing

The median home value in Oaktown is $65,200, below the national median of $303,400. The median monthly rent is $697. The homeownership rate is 59.3%.

$65,200
Median Home Value
$697/mo
Median Rent
59.3%
Homeownership Rate
Housing Metric Value
Median Home Value$65,200
Median Monthly Rent$697
Homeownership Rate59.3%
Vacancy Rate6.1%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Oaktown, Indiana?
The population of Oaktown, Indiana is 860 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oaktown, Indiana?
The median household income in Oaktown, Indiana is $38,333. This is 52.4% below the national median of $80,610.
What is the median home value in Oaktown, Indiana?
The median home value in Oaktown, Indiana is $65,200. The median monthly rent is $697.
What percentage of people in Oaktown have a college degree?
In Oaktown, Indiana, 4.6% of adults age 25 and older hold a bachelor's degree or higher, and 72.2% have a high school diploma or higher.
Is Oaktown, Indiana an affordable place to live?
The home price-to-income ratio in Oaktown, Indiana is 1.7x (median home value $65,200 vs. median income $38,333), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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