Living in Oakboro, North Carolina
Cost of living, income, home prices, rent and demographics of Oakboro · Census data 2020–2024
Oakboro has 2,683 residents with a median age of 38.9. The median household income is $69,100 (5% lower than the North Carolina median), the median home value is $282,600, the median rent is $1,057/month.
Oakboro at a glance
- Population
- 2,683
- Median age
- 38.9State: 39.1
- Median household income
- $69,100State: $72,388
- Median home value
- $282,600State: $288,900
- Median rent
- $1,057/moState: $1,228
- Homeowners
- 80.7%
- Bachelor's degree or higher
- 22.3%
- Average commute
- 33 min
Is Oakboro a good place to live?
Pros: Home values about the same as the state median; unemployment of 4%; a poverty rate of 5.5%.
Cons: Median household income 5% lower than the North Carolina median; an average commute of 33 minutes.
The weather is best in April–May and September–October.
Cost of living in Oakboro
Housing is the biggest part of the cost of living. In Oakboro the median home value is $282,600, 15% lower than the U.S. median. Renters pay a median of $1,057 per month, which is 22.7% of household income. Homeowners with a mortgage pay $1,427 a month in housing costs.
Oakboro median household income
The median household income in Oakboro is $69,100 and the income per person is $34,063. 5.5% of residents live below the poverty line (North Carolina: 13%).
Housing in Oakboro: homes for sale and rent
- Housing units
- 1,116
- Owner-occupied
- 80.7%
- Renter-occupied
- 19.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.40
Oakboro demographics
- Population
- 2,683
- Median age
- 38.9
- Under 18
- 20.1%
- 65 and older
- 17.1%
- Households
- 1,116
- Foreign-born
- 3.8%
- Veterans
- 11.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Oakboro ›
Education in Oakboro
22.3% of adults 25 and older in Oakboro have a bachelor's degree or higher (North Carolina: 35.7%), and 3.4% have a graduate or professional degree.
Jobs and commute in Oakboro
- Unemployment rate
- 4%State: 4.7%
- Average commute
- 33 minState: 25 min
- Work from home
- 11.9%
- Drive alone
- 81.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.3%
Oakboro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oakboro | 2,683 | $69,100 | $282,600 | $1,057 |
| Red Cross | 903 | $64,500 | $257,000 | $711 |
| Stanfield | 1,522 | $79,250 | $335,800 | $825 |
| Aquadale | 156 | $69,063 | $156,300 | — |
| Locust | 5,840 | $76,504 | $322,100 | $895 |
| Millingport | 522 | $84,464 | $209,900 | — |
| Midland | 4,860 | $101,477 | $369,100 | $1,418 |
| Fairview | 3,619 | $98,808 | $382,300 | $1,141 |
| Albemarle | 16,762 | $46,881 | $204,800 | $880 |
More for people moving to Oakboro
Oakboro ZIP code ›Weather and climate ›Living in Oakboro: FAQ
What is the median household income in Oakboro, NC?
The median household income in Oakboro is $69,100, 5% 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 Oakboro?
The median home value in Oakboro is $282,600, compared with $288,900 in North Carolina.
How much is rent in Oakboro?
The median gross rent in Oakboro is $1,057 per month, about 22.7% of household income.
Is Oakboro, NC a good place to live?
Pluses: home values about the same as the state median; unemployment of 4%; a poverty rate of 5.5%. Minuses: median household income 5% lower than the North Carolina median; an average commute of 33 minutes.
What is the median age in Oakboro?
The median age in Oakboro is 38.9 years (North Carolina: 39.1).
How long is the commute in Oakboro?
The average commute to work in Oakboro is 33 minutes; 11.9% of workers work from home.
What is the unemployment rate in Oakboro?
The unemployment rate in Oakboro is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oakboro?
22.3% of adults in Oakboro 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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