Living in Oakfield, Maine
Cost of living, income, home prices, rent and demographics of Oakfield · Census data 2020–2024
Oakfield has 629 residents with a median age of 57.7. The median household income is $46,378 (38% lower than the Maine median), the median home value is $144,300, the median rent is $592/month.
Oakfield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oakfield at a glance
- Population
- 629
- Median age
- 57.7State: 44.8
- Median household income
- $46,378State: $74,733
- Median home value
- $144,300State: $296,600
- Median rent
- $592/moState: $1,139
- Homeowners
- 69.9%
- Bachelor's degree or higher
- 10.4%
- Average commute
- 19 min
Is Oakfield a good place to live?
Pros: Home values 51% lower than the state median; an average commute of 19 minutes; a poverty rate of 9.2%.
Cons: Median household income 38% lower than the Maine median; unemployment of 5.2%.
The weather is best in June to September.
Cost of living in Oakfield
Housing is the biggest part of the cost of living. In Oakfield the median home value is $144,300, 57% lower than the U.S. median. Renters pay a median of $592 per month, which is 26.3% of household income. Homeowners with a mortgage pay $1,118 a month in housing costs.
Oakfield median household income
The median household income in Oakfield is $46,378 and the income per person is $29,659. 9.2% of residents live below the poverty line (Maine: 10.7%).
Housing in Oakfield: homes for sale and rent
- Housing units
- 510
- Owner-occupied
- 69.9%
- Renter-occupied
- 30.1%
- Vacant
- 37.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 1.97
37.5% of homes are vacant most of the year, a sign that Oakfield has many vacation and second homes.
Oakfield demographics
- Population
- 629
- Median age
- 57.7
- Under 18
- 10.8%
- 65 and older
- 36.2%
- Households
- 319
- Foreign-born
- 4.1%
- Veterans
- 11.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Oakfield ›
Education in Oakfield
10.4% of adults 25 and older in Oakfield have a bachelor's degree or higher (Maine: 36.2%), and 2.4% have a graduate or professional degree.
Jobs and commute in Oakfield
- Unemployment rate
- 5.2%State: 3.8%
- Average commute
- 19 minState: 25 min
- Work from home
- 5.6%
- Drive alone
- 92.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88.7%
Oakfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oakfield | 629 | $46,378 | $144,300 | $592 |
| Smyrna | 380 | $57,750 | $117,100 | $425 |
| Dyer Brook | 275 | $73,409 | $135,000 | — |
| Linneus | 1,226 | $65,114 | $144,200 | — |
| New Limerick | 372 | $53,810 | $196,900 | $775 |
| Island Falls | 768 | $56,328 | $108,300 | $636 |
| Ludlow | 444 | $62,500 | $133,900 | $988 |
| Merrill | 372 | $65,536 | $131,600 | — |
| Hodgdon | 1,428 | $54,519 | $159,300 | $695 |
More for people moving to Oakfield
Oakfield ZIP code ›Weather and climate ›Living in Oakfield: FAQ
What is the median household income in Oakfield, ME?
The median household income in Oakfield is $46,378, 38% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oakfield?
The median home value in Oakfield is $144,300, compared with $296,600 in Maine.
How much is rent in Oakfield?
The median gross rent in Oakfield is $592 per month, about 26.3% of household income.
Is Oakfield, ME a good place to live?
Pluses: home values 51% lower than the state median; an average commute of 19 minutes; a poverty rate of 9.2%. Minuses: median household income 38% lower than the Maine median; unemployment of 5.2%.
What is the median age in Oakfield?
The median age in Oakfield is 57.7 years (Maine: 44.8).
How long is the commute in Oakfield?
The average commute to work in Oakfield is 19 minutes; 5.6% of workers work from home.
What is the unemployment rate in Oakfield?
The unemployment rate in Oakfield is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oakfield?
10.4% of adults in Oakfield 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: