Living in Oakville, Connecticut

Cost of living, income, home prices, rent and demographics of Oakville · Census data 2020–2024

Oakville has 9,276 residents with a median age of 46. The median household income is $95,515 (about the same as the Connecticut median), the median home value is $280,500, the median rent is $1,414/month.

Oakville at a glance

Population
9,276
Median age
46State: 41.1
Median household income
$95,515State: $95,781
Median home value
$280,500State: $366,900
Median rent
$1,414/moState: $1,488
Homeowners
75.4%
Bachelor's degree or higher
30.8%
Average commute
23 min

Is Oakville a good place to live?

Pros: Home values 24% lower than the state median; an average commute of 23 minutes; unemployment of 2.2%; a poverty rate of 2.4%.

Cons: Median household income about the same as the Connecticut median.

The weather is best in June to September.

Cost of living in Oakville

Housing is the biggest part of the cost of living. In Oakville the median home value is $280,500, 16% lower than the U.S. median. Renters pay a median of $1,414 per month, which is 32.9% of household income. Homeowners with a mortgage pay $2,132 a month in housing costs.

Median home value

Oakville$280,500
Connecticut$366,900
United States$332,700

Median monthly rent

Oakville$1,414
Connecticut$1,488
United States$1,413

Oakville median household income

The median household income in Oakville is $95,515 and the income per person is $47,096. 2.4% of residents live below the poverty line (Connecticut: 10%).

Median household income

Oakville$95,515
Connecticut$95,781
United States$80,734

Housing in Oakville: homes for sale and rent

Housing units
4,196
Owner-occupied
75.4%
Renter-occupied
24.6%
Vacant
7.3%Includes seasonal homes
Median year built
1965
Average household size
2.36

Oakville demographics

Population
9,276
Median age
46
Under 18
16.4%
65 and older
20.5%
Households
3,889
Foreign-born
10.2%
Veterans
5.2%Adults 18+

Race and ethnicity

White88.7%
Hispanic or Latino14.3%
Black2.5%
Asian1.3%

Hispanic or Latino can be of any race. Population history of Oakville ›

Education in Oakville

30.8% of adults 25 and older in Oakville have a bachelor's degree or higher (Connecticut: 42.5%), and 12.7% have a graduate or professional degree.

Bachelor's degree or higher

Oakville30.8%
Connecticut42.5%
United States35.7%

Jobs and commute in Oakville

Unemployment rate
2.2%State: 5.6%
Average commute
23 minState: 27 min
Work from home
5.1%
Drive alone
84.3%
Public transit
0.1%
Walk to work
1.9%
Homes with broadband
91.6%

Oakville vs nearby towns

TownPopulationMedian incomeHome valueRent
Oakville9,276$95,515$280,500$1,414
Watertown22,253$101,691$333,500$1,275
Waterbury114,869$51,886$208,500$1,225
Middlebury7,807$133,487$476,400$398
Thomaston7,492$103,218$282,600$1,037
Plymouth11,746$94,514$275,000$1,276
Woodbury9,833$131,480$469,900$1,563
Wolcott16,279$110,850$326,200$1,464
Woodbury Center1,606$98,194$442,500$1,778

More for people moving to Oakville

Oakville ZIP code ›Weather and climate ›

Living in Oakville: FAQ

What is the median household income in Oakville, CT?

The median household income in Oakville is $95,515, about the same as the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oakville?

The median home value in Oakville is $280,500, compared with $366,900 in Connecticut.

How much is rent in Oakville?

The median gross rent in Oakville is $1,414 per month, about 32.9% of household income.

Is Oakville, CT a good place to live?

Pluses: home values 24% lower than the state median; an average commute of 23 minutes; unemployment of 2.2%; a poverty rate of 2.4%. Minuses: median household income about the same as the Connecticut median.

What is the median age in Oakville?

The median age in Oakville is 46 years (Connecticut: 41.1).

How long is the commute in Oakville?

The average commute to work in Oakville is 23 minutes; 5.1% of workers work from home.

What is the unemployment rate in Oakville?

The unemployment rate in Oakville is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oakville?

30.8% of adults in Oakville 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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