Living in Oakwood, Oklahoma
Cost of living, income, home prices, rent and demographics of Oakwood · Census data 2020–2024
Oakwood has 52 residents with a median age of 69. The median home value is $115,600.
Oakwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oakwood at a glance
- Population
- 52
- Median age
- 69State: 37
- Median home value
- $115,600State: $199,800
- Homeowners
- 73.1%
- Bachelor's degree or higher
- 13%
- Average commute
- 20 min
Is Oakwood a good place to live?
Pros: Home values 42% lower than the state median; an average commute of 20 minutes; unemployment of 4%.
Cons: A poverty rate of 19.2%.
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 $115,600, 65% lower than the U.S. median. Renters pay a median of — per month, which is 17.5% of household income. Homeowners with a mortgage pay — a month in housing costs.
Housing in Oakwood: homes for sale and rent
- Housing units
- 35
- Owner-occupied
- 73.1%
- Renter-occupied
- 26.9%
- Vacant
- 25.7%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.00
Oakwood demographics
- Population
- 52
- Median age
- 69
- Under 18
- 9.6%
- 65 and older
- 67.3%
- Households
- 26
- Foreign-born
- 0%
- Veterans
- 14.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Oakwood ›
Education in Oakwood
13% of adults 25 and older in Oakwood have a bachelor's degree or higher (Oklahoma: 28.3%), and 2.2% have a graduate or professional degree.
Jobs and commute in Oakwood
- Unemployment rate
- 4%State: 5%
- Average commute
- 20 minState: 22 min
- Work from home
- 0%
- Drive alone
- 83.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.6%
Oakwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oakwood | 52 | — | $115,600 | — |
| Canton | 522 | $60,417 | $77,500 | $788 |
| Thomas | 1,170 | $62,500 | $135,400 | $723 |
| Longdale | 146 | $53,750 | $86,000 | — |
| Taloga | 327 | $63,750 | $115,600 | $920 |
| Watonga | 2,623 | $54,081 | $89,700 | $784 |
| Seiling | 824 | $53,409 | $163,600 | $1,035 |
| Custer City | 566 | $71,094 | $59,500 | $1,105 |
| Greenfield | 113 | $73,250 | $83,300 | — |
More for people moving to Oakwood
Oakwood ZIP code ›Weather and climate ›Living in Oakwood: FAQ
What is the average home price in Oakwood?
The median home value in Oakwood is $115,600, compared with $199,800 in Oklahoma.
Is Oakwood, OK a good place to live?
Pluses: home values 42% lower than the state median; an average commute of 20 minutes; unemployment of 4%. Minuses: a poverty rate of 19.2%.
What is the median age in Oakwood?
The median age in Oakwood is 69 years (Oklahoma: 37).
How long is the commute in Oakwood?
The average commute to work in Oakwood is 20 minutes; 0% of workers work from home.
What is the unemployment rate in Oakwood?
The unemployment rate in Oakwood is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oakwood?
13% 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.
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