Oakwood, Ohio Median Income

Oakwood, Ohio has a population of 9,200, with a median household income of $98,200.

Current median income data for Oakwood.

$98,200

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Population

9,200

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Median Income

$98,200

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Unemployment

2.20%

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Housing Price

$612,400

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Crime Rate

0.10

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Internet Speed

276.80 Mbps

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

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

Population Overview

Oakwood has a population of 9,200, which is higher than the state average. This indicates a relatively larger urban presence within Ohio.

Income and Economy

The median household income in Oakwood is $98,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Oakwood average around $612,400, which is relatively high compared to other cities in Ohio.

Employment and Safety

The unemployment rate in Oakwood is 2.20%, which is lower than the state average, indicating a relatively strong job market. Oakwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Oakwood continues to play a role in shaping regional trends in Ohio, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Oakwood

What is the population of Oakwood?

The population of Oakwood is approximately 9,200.

Is Oakwood a good place to live?

Oakwood 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 Oakwood?

The median household income in Oakwood is around $98,200.

How expensive is housing in Oakwood?

The average housing price in Oakwood is approximately $612,400.