Living in Oakwood, Georgia

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

Oakwood has 5,862 residents with a median age of 31.8. The median household income is $67,917 (12% lower than the Georgia median), the median home value is $306,700, the median rent is $1,560/month.

Oakwood at a glance

Population
5,862
Median age
31.8State: 37.6
Median household income
$67,917State: $77,353
Median home value
$306,700State: $303,300
Median rent
$1,560/moState: $1,393
Homeowners
43.6%
Bachelor's degree or higher
24%
Average commute
28 min

Is Oakwood a good place to live?

Pros: An average commute of 28 minutes; unemployment of 3%; a poverty rate of 8.1%.

Cons: Median household income 12% lower than the Georgia median; home values about the same as the state median.

The weather is best in April–May and September–October.

Cost of living in Oakwood

Housing is the biggest part of the cost of living. In Oakwood the median home value is $306,700, 8% lower than the U.S. median. Renters pay a median of $1,560 per month, which is 33.1% of household income. Homeowners with a mortgage pay $1,435 a month in housing costs.

Median home value

Oakwood$306,700
Georgia$303,300
United States$332,700

Median monthly rent

Oakwood$1,560
Georgia$1,393
United States$1,413

Oakwood median household income

The median household income in Oakwood is $67,917 and the income per person is $35,285. 8.1% of residents live below the poverty line (Georgia: 13.4%).

Median household income

Oakwood$67,917
Georgia$77,353
United States$80,734

Housing in Oakwood: homes for sale and rent

Housing units
2,477
Owner-occupied
43.6%
Renter-occupied
56.4%
Vacant
10.7%Includes seasonal homes
Median year built
2004
Average household size
2.65

Oakwood demographics

Population
5,862
Median age
31.8
Under 18
22.5%
65 and older
10.1%
Households
2,213
Foreign-born
22.2%
Veterans
3.7%Adults 18+

Race and ethnicity

White56.4%
Hispanic or Latino29.3%
Black10.9%
Asian1.7%

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

Education in Oakwood

24% of adults 25 and older in Oakwood have a bachelor's degree or higher (Georgia: 34.9%), and 6.5% have a graduate or professional degree.

Bachelor's degree or higher

Oakwood24%
Georgia34.9%
United States35.7%

Jobs and commute in Oakwood

Unemployment rate
3%State: 5.1%
Average commute
28 minState: 28 min
Work from home
9.1%
Drive alone
78.1%
Public transit
0.5%
Walk to work
0%
Homes with broadband
95%

Oakwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Oakwood5,862$67,917$306,700$1,560
Flowery Branch10,925$103,942$442,500$1,814
Gainesville45,032$66,974$382,200$1,299
Braselton15,178$120,984$459,400$2,082
Buford17,997$69,471$368,700$1,357
Talmo369$75,000$300,000$975
Hoschton4,534$97,083$386,300$1,147
Pendergrass3,435$90,341$329,700$1,636
Sugar Hill26,128$107,389$413,400$1,862

More for people moving to Oakwood

Oakwood ZIP code ›Weather and climate ›

Living in Oakwood: FAQ

What is the median household income in Oakwood, GA?

The median household income in Oakwood is $67,917, 12% lower than the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oakwood?

The median home value in Oakwood is $306,700, compared with $303,300 in Georgia.

How much is rent in Oakwood?

The median gross rent in Oakwood is $1,560 per month, about 33.1% of household income.

Is Oakwood, GA a good place to live?

Pluses: an average commute of 28 minutes; unemployment of 3%; a poverty rate of 8.1%. Minuses: median household income 12% lower than the Georgia median; home values about the same as the state median.

What is the median age in Oakwood?

The median age in Oakwood is 31.8 years (Georgia: 37.6).

How long is the commute in Oakwood?

The average commute to work in Oakwood is 28 minutes; 9.1% of workers work from home.

What is the unemployment rate in Oakwood?

The unemployment rate in Oakwood is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oakwood?

24% of adults in Oakwood 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.

Last updated: