Oakland, Maine Median Income

Oakland, Maine has a population of 6,240, with a median household income of $61,200.

Current median income data for Oakland.

$61,200

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Population

6,240

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Median Income

$61,200

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Unemployment

3.10%

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Housing Price

$246,800

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Crime Rate

2.80

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Internet Speed

204.00 Mbps

Oakland is a small local community located in Maine. The city has a population that is above the average city population in Maine, 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.

Oakland is a notable city in Maine, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Oakland has a population of 6,240, which is higher than the state average. This indicates a relatively larger urban presence within Maine.

Income and Economy

The median household income in Oakland is $61,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Oakland is about $246,800, making it relatively affordable compared to many cities in Maine.

Employment and Safety

The unemployment rate in Oakland is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Oakland are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Oakland

What is the population of Oakland?

The population of Oakland is approximately 6,240.

Is Oakland a good place to live?

Oakland 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?

The median household income in Oakland is around $61,200.

How expensive is housing in Oakland?

The average housing price in Oakland is approximately $246,800.