Living in Oakman, Alabama
Cost of living, income, home prices, rent and demographics of Oakman · Census data 2020–2024
Oakman has 934 residents with a median age of 33.9. The median household income is $35,208 (45% lower than the Alabama median), the median home value is $92,600, the median rent is $283/month.
Oakman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oakman at a glance
- Population
- 934
- Median age
- 33.9State: 39.3
- Median household income
- $35,208State: $63,999
- Median home value
- $92,600State: $209,900
- Median rent
- $283/moState: $1,007
- Homeowners
- 78.9%
- Bachelor's degree or higher
- 7.4%
- Average commute
- 37 min
Is Oakman a good place to live?
Pros: Home values 56% lower than the state median.
Cons: Median household income 45% lower than the Alabama median; an average commute of 37 minutes; unemployment of 8.1%; a poverty rate of 25%.
The weather is best in April–May and September–October.
Cost of living in Oakman
Housing is the biggest part of the cost of living. In Oakman the median home value is $92,600, 72% lower than the U.S. median. Renters pay a median of $283 per month, which is 16.3% of household income. Homeowners with a mortgage pay $740 a month in housing costs.
Oakman median household income
The median household income in Oakman is $35,208 and the income per person is $19,621. 25% of residents live below the poverty line (Alabama: 15.6%).
Housing in Oakman: homes for sale and rent
- Housing units
- 465
- Owner-occupied
- 78.9%
- Renter-occupied
- 21.1%
- Vacant
- 18.5%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.46
Oakman demographics
- Population
- 934
- Median age
- 33.9
- Under 18
- 28.6%
- 65 and older
- 27.7%
- Households
- 379
- Foreign-born
- 0%
- Veterans
- 2.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Oakman ›
Education in Oakman
7.4% of adults 25 and older in Oakman have a bachelor's degree or higher (Alabama: 28.4%), and 2.9% have a graduate or professional degree.
Jobs and commute in Oakman
- Unemployment rate
- 8.1%State: 4.7%
- Average commute
- 37 minState: 26 min
- Work from home
- 0.7%
- Drive alone
- 90.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.5%
Oakman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oakman | 934 | $35,208 | $92,600 | $283 |
| Parrish | 1,222 | $32,798 | $56,800 | $1,005 |
| Cordova | 1,511 | $37,662 | $87,100 | $460 |
| Jasper | 14,442 | $66,238 | $215,700 | $721 |
| Berry | 1,040 | $37,031 | $98,000 | $475 |
| Carbon Hill | 1,536 | $24,605 | $61,100 | $557 |
| Kansas | 186 | $49,583 | $48,300 | $771 |
| Dora | 2,668 | $61,892 | $155,100 | $761 |
| Sipsey | 288 | $26,750 | $101,000 | $921 |
More for people moving to Oakman
Oakman ZIP code ›Weather and climate ›Living in Oakman: FAQ
What is the median household income in Oakman, AL?
The median household income in Oakman is $35,208, 45% lower than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oakman?
The median home value in Oakman is $92,600, compared with $209,900 in Alabama.
How much is rent in Oakman?
The median gross rent in Oakman is $283 per month, about 16.3% of household income.
Is Oakman, AL a good place to live?
Pluses: home values 56% lower than the state median. Minuses: median household income 45% lower than the Alabama median; an average commute of 37 minutes; unemployment of 8.1%; a poverty rate of 25%.
What is the median age in Oakman?
The median age in Oakman is 33.9 years (Alabama: 39.3).
How long is the commute in Oakman?
The average commute to work in Oakman is 37 minutes; 0.7% of workers work from home.
What is the unemployment rate in Oakman?
The unemployment rate in Oakman is 8.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oakman?
7.4% of adults in Oakman have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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