Living in Oakland, Florida

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

Oakland has 3,646 residents with a median age of 40.5. The median household income is $152,195 (104% higher than the Florida median), the median home value is $557,500, the median rent is $2,308/month.

Oakland at a glance

Population
3,646
Median age
40.5State: 42.6
Median household income
$152,195State: $74,568
Median home value
$557,500State: $359,000
Median rent
$2,308/moState: $1,669
Homeowners
82.9%
Bachelor's degree or higher
52.9%
Average commute
29 min

Is Oakland a good place to live?

Pros: Median household income 104% higher than the Florida median; unemployment of 1.6%; a poverty rate of 7.2%.

Cons: Home values 55% higher than the state median; an average commute of 29 minutes.

The weather is best in February–March and November–December.

Cost of living in Oakland

Housing is the biggest part of the cost of living. In Oakland the median home value is $557,500, 68% higher than the U.S. median. Renters pay a median of $2,308 per month, which is 51% of household income. Homeowners with a mortgage pay $2,580 a month in housing costs.

Median home value

Oakland$557,500
Florida$359,000
United States$332,700

Median monthly rent

Oakland$2,308
Florida$1,669
United States$1,413

Oakland median household income

The median household income in Oakland is $152,195 and the income per person is $65,225. 7.2% of residents live below the poverty line (Florida: 12.6%).

Median household income

Oakland$152,195
Florida$74,568
United States$80,734

Housing in Oakland: homes for sale and rent

Housing units
1,545
Owner-occupied
82.9%
Renter-occupied
17.1%
Vacant
16%Includes seasonal homes
Median year built
2009
Average household size
2.81

Oakland demographics

Population
3,646
Median age
40.5
Under 18
27.5%
65 and older
13%
Households
1,298
Foreign-born
9.9%
Veterans
6.8%Adults 18+

Race and ethnicity

White54.7%
Hispanic or Latino8.6%
Black26.1%
Asian3%

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

Education in Oakland

52.9% of adults 25 and older in Oakland have a bachelor's degree or higher (Florida: 34.1%), and 23% have a graduate or professional degree.

Bachelor's degree or higher

Oakland52.9%
Florida34.1%
United States35.7%

Jobs and commute in Oakland

Unemployment rate
1.6%State: 4.8%
Average commute
29 minState: 28 min
Work from home
29.9%
Drive alone
57.6%
Public transit
2.9%
Walk to work
5.9%
Homes with broadband
98.6%

Oakland vs nearby towns

TownPopulationMedian incomeHome valueRent
Oakland3,646$152,195$557,500$2,308
Tildenville183$71,589$555,100—
Winter Garden47,872$106,495$476,000$1,963
Montverde2,249$97,031$523,300$1,893
Clermont46,853$82,306$418,400$1,828
Lake Butler17,125$182,500$930,500$2,487
Ocoee49,033$98,911$406,400$1,946
Minneola16,598$110,902$420,800$2,073
Paradise Heights877$53,511—$1,523

More for people moving to Oakland

Oakland ZIP code ›Weather and climate ›

Living in Oakland: FAQ

What is the median household income in Oakland, FL?

The median household income in Oakland is $152,195, 104% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oakland?

The median home value in Oakland is $557,500, compared with $359,000 in Florida.

How much is rent in Oakland?

The median gross rent in Oakland is $2,308 per month, about 51% of household income.

Is Oakland, FL a good place to live?

Pluses: median household income 104% higher than the Florida median; unemployment of 1.6%; a poverty rate of 7.2%. Minuses: home values 55% higher than the state median; an average commute of 29 minutes.

What is the median age in Oakland?

The median age in Oakland is 40.5 years (Florida: 42.6).

How long is the commute in Oakland?

The average commute to work in Oakland is 29 minutes; 29.9% of workers work from home.

What is the unemployment rate in Oakland?

The unemployment rate in Oakland is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oakland?

52.9% of adults in Oakland 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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