Oak Grove, Alabama Median Income

Oak Grove, Alabama has a population of 564, with a median household income of $45,000.

Current median income data for Oak Grove.

$45,000

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Population

564

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Median Income

$45,000

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Unemployment

4.50%

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Housing Price

$150,000

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Crime Rate

2.70

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Internet Speed

160.00 Mbps

Oak Grove is a small local community located in Alabama. The city has a population that is below the average city population in Alabama, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Alabama, Oak Grove provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oak Grove has a population of 564, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oak Grove is $45,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Oak Grove is about $150,000, making it relatively affordable compared to many cities in Alabama.

Employment and Safety

The unemployment rate in Oak Grove is 4.50%, slightly above the state average, suggesting moderate employment conditions. Oak Grove has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Alabama, Oak Grove shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Oak Grove offers a balanced mix of economic conditions, population trends, and housing opportunities within Alabama.

Frequently Asked Questions about Oak Grove

What is the population of Oak Grove?

The population of Oak Grove is approximately 564.

Is Oak Grove a good place to live?

Oak Grove offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Oak Grove?

The median household income in Oak Grove is around $45,000.

How expensive is housing in Oak Grove?

The average housing price in Oak Grove is approximately $150,000.