Oakland borough, New Jersey Housing

Oakland borough, New Jersey has a population of 12,814, with a median household income of $148,114.

Current housing data for Oakland borough.

$621,228

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Population

12,814

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Median Income

$148,114

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Unemployment

1.80%

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Housing Price

$621,228

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Crime Rate

0.20

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Internet Speed

284.70 Mbps

Oakland borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, 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 New Jersey, Oakland borough provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oakland borough has a population of 12,814, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oakland borough is $148,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Oakland borough average around $621,228, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Oakland borough is 1.80%, which is lower than the state average, indicating a relatively strong job market. Oakland borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Oakland borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Oakland borough contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Oakland borough

What is the population of Oakland borough?

The population of Oakland borough is approximately 12,814.

Is Oakland borough a good place to live?

Oakland borough 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 Oakland borough?

The median household income in Oakland borough is around $148,114.

How expensive is housing in Oakland borough?

The average housing price in Oakland borough is approximately $621,228.