Oakman, Alabama Housing

Oakman, Alabama has a population of 764, with a median household income of $41,000.

Current housing data for Oakman.

$120,000

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Population

764

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Median Income

$41,000

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Unemployment

5.00%

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Housing Price

$120,000

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Crime Rate

3.20

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Internet Speed

150.00 Mbps

Oakman 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, Oakman provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oakman has a population of 764, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oakman is $41,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Oakman is about $120,000, making it relatively affordable compared to many cities in Alabama.

Employment and Safety

The unemployment rate in Oakman is 5.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Oakman are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Oakman

What is the population of Oakman?

The population of Oakman is approximately 764.

Is Oakman a good place to live?

Oakman 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 Oakman?

The median household income in Oakman is around $41,000.

How expensive is housing in Oakman?

The average housing price in Oakman is approximately $120,000.