Living in Oak City, North Carolina

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

Oak City has 353 residents with a median age of 55.5. The median household income is $61,091 (16% lower than the North Carolina median), the median home value is $96,100, the median rent is $975/month.

Oak City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Oak City at a glance

Population
353
Median age
55.5State: 39.1
Median household income
$61,091State: $72,388
Median home value
$96,100State: $288,900
Median rent
$975/moState: $1,228
Homeowners
45.5%
Bachelor's degree or higher
11.1%
Average commute
37 min

Is Oak City a good place to live?

Pros: Home values 67% lower than the state median; unemployment of 2%; a poverty rate of 5.9%.

Cons: Median household income 16% lower than the North Carolina median; an average commute of 37 minutes.

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

Cost of living in Oak City

Housing is the biggest part of the cost of living. In Oak City the median home value is $96,100, 71% lower than the U.S. median. Renters pay a median of $975 per month, which is 24.3% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.

Median home value

Oak City$96,100
North Carolina$288,900
United States$332,700

Median monthly rent

Oak City$975
North Carolina$1,228
United States$1,413

Oak City median household income

The median household income in Oak City is $61,091 and the income per person is $27,593. 5.9% of residents live below the poverty line (North Carolina: 13%).

Median household income

Oak City$61,091
North Carolina$72,388
United States$80,734

Housing in Oak City: homes for sale and rent

Housing units
232
Owner-occupied
45.5%
Renter-occupied
54.5%
Vacant
28%Includes seasonal homes
Median year built
1953
Average household size
2.11

Oak City demographics

Population
353
Median age
55.5
Under 18
13.3%
65 and older
37.1%
Households
167
Foreign-born
0.8%
Veterans
8.8%Adults 18+

Race and ethnicity

White22.1%
Hispanic or Latino3.1%
Black75.1%
Asian0%

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

Education in Oak City

11.1% of adults 25 and older in Oak City have a bachelor's degree or higher (North Carolina: 35.7%), and 2.8% have a graduate or professional degree.

Bachelor's degree or higher

Oak City11.1%
North Carolina35.7%
United States35.7%

Jobs and commute in Oak City

Unemployment rate
2%State: 4.7%
Average commute
37 minState: 25 min
Work from home
8.2%
Drive alone
86.7%
Public transit
0%
Walk to work
0%
Homes with broadband
88.6%

Oak City vs nearby towns

TownPopulationMedian incomeHome valueRent
Oak City353$61,091$96,100$975
Hamilton243$41,875$69,300—
Hobgood207$78,250$73,500—
Robersonville1,220$43,523$94,500$572
Parmele374$36,136$85,200$1,063
Bethel1,544$52,961$107,800$684
Everetts193$45,227$85,000$819
Lewiston Woodville447$41,375$53,400$542
Conetoe561$38,776$86,400$1,055

More for people moving to Oak City

Oak City ZIP code ›Weather and climate ›

Living in Oak City: FAQ

What is the median household income in Oak City, NC?

The median household income in Oak City is $61,091, 16% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oak City?

The median home value in Oak City is $96,100, compared with $288,900 in North Carolina.

How much is rent in Oak City?

The median gross rent in Oak City is $975 per month, about 24.3% of household income.

Is Oak City, NC a good place to live?

Pluses: home values 67% lower than the state median; unemployment of 2%; a poverty rate of 5.9%. Minuses: median household income 16% lower than the North Carolina median; an average commute of 37 minutes.

What is the median age in Oak City?

The median age in Oak City is 55.5 years (North Carolina: 39.1).

How long is the commute in Oak City?

The average commute to work in Oak City is 37 minutes; 8.2% of workers work from home.

What is the unemployment rate in Oak City?

The unemployment rate in Oak City is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oak City?

11.1% of adults in Oak City 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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