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Oakwood, Pennsylvania

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
2,253
Population
$71,583
Median Income
$118,400
Home Value
43.3
Median Age

Demographics

Oakwood has a population of 2,253 with a median age of 43.3. Here is the racial and ethnic breakdown of the population:

White
87.3%
Black
4.6%
Hispanic
3.6%
Other
3.6%
Asian
0.9%
Demographic Value
Total Population2,253
Median Age43.3
White87.3%
Black or African American4.6%
Asian0.9%
Hispanic or Latino3.6%
Other / Two or More Races3.6%
Oakwood, Pennsylvania — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 87.3%Black: 4.6%Hispanic/Latino: 3.6%Other: 3.6%Other: 0.9%2,253PopulationWhiteWhite87.3%BlackBlack4.6%Hispanic/LatinoHispanic/Latino3.6%OtherOther3.6%OtherOther0.9%

Income & Economy

The median household income in Oakwood is $71,583, which is 11.2% below the national median of $80,610. The per capita income is $33,397. The poverty rate is 4.8%.

$71,583
Median Household Income
$33,397
Per Capita Income
4.8%
Poverty Rate

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Education

In Oakwood, 95.9% of residents age 25+ have a high school diploma or higher, and 21.2% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
95.9%
Bachelor's+
21.2%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher95.9%
Bachelor's Degree or Higher21.2%
Graduate or Professional Degree3.9%

Housing

The median home value in Oakwood is $118,400, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 96.0%.

$118,400
Median Home Value
$850/mo
Median Rent
96.0%
Homeownership Rate
Housing Metric Value
Median Home Value$118,400
Median Monthly Rent$850
Homeownership Rate96.0%
Vacancy Rate8.6%

Salaries in Pennsylvania

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Frequently Asked Questions

What is the population of Oakwood, Pennsylvania?
The population of Oakwood, Pennsylvania is 2,253 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oakwood, Pennsylvania?
The median household income in Oakwood, Pennsylvania is $71,583. This is 11.2% below the national median of $80,610.
What is the median home value in Oakwood, Pennsylvania?
The median home value in Oakwood, Pennsylvania is $118,400. The median monthly rent is $850.
What percentage of people in Oakwood have a college degree?
In Oakwood, Pennsylvania, 21.2% of adults age 25 and older hold a bachelor's degree or higher, and 95.9% have a high school diploma or higher.
Is Oakwood, Pennsylvania an affordable place to live?
The home price-to-income ratio in Oakwood, Pennsylvania is 1.7x (median home value $118,400 vs. median income $71,583), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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