Living in Oakwood, Pennsylvania
Cost of living, income, home prices, rent and demographics of Oakwood · Census data 2020–2024
Oakwood has 2,253 residents with a median age of 43.3. The median household income is $71,583 (8% lower than the Pennsylvania median), the median home value is $118,400, the median rent is $850/month.
Oakwood at a glance
- Population
- 2,253
- Median age
- 43.3State: 40.9
- Median household income
- $71,583State: $77,971
- Median home value
- $118,400State: $254,500
- Median rent
- $850/moState: $1,209
- Homeowners
- 96%
- Bachelor's degree or higher
- 21.2%
- Average commute
- 20 min
Is Oakwood a good place to live?
Pros: Home values 53% lower than the state median; an average commute of 20 minutes; unemployment of 2.7%; a poverty rate of 4.8%.
Cons: Median household income 8% lower than the Pennsylvania median.
The weather is best in May–June and August–September.
Cost of living in Oakwood
Housing is the biggest part of the cost of living. In Oakwood the median home value is $118,400, 64% lower than the U.S. median. Renters pay a median of $850 per month, which is 26.3% of household income. Homeowners with a mortgage pay $1,133 a month in housing costs.
Oakwood median household income
The median household income in Oakwood is $71,583 and the income per person is $33,397. 4.8% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Oakwood: homes for sale and rent
- Housing units
- 964
- Owner-occupied
- 96%
- Renter-occupied
- 4%
- Vacant
- 8.6%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.55
Oakwood demographics
- Population
- 2,253
- Median age
- 43.3
- Under 18
- 24%
- 65 and older
- 22.5%
- Households
- 881
- Foreign-born
- 1.3%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Oakwood ›
Education in Oakwood
21.2% of adults 25 and older in Oakwood have a bachelor's degree or higher (Pennsylvania: 35.2%), and 3.9% have a graduate or professional degree.
Jobs and commute in Oakwood
- Unemployment rate
- 2.7%State: 5.3%
- Average commute
- 20 minState: 26 min
- Work from home
- 17%
- Drive alone
- 75.9%
- Public transit
- 0.6%
- Walk to work
- 0.7%
- Homes with broadband
- 96.3%
Oakwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oakwood | 2,253 | $71,583 | $118,400 | $850 |
| Union | 4,926 | $64,826 | $119,100 | $1,176 |
| Oakland | 1,330 | $63,372 | $125,800 | $1,034 |
| New Castle Northwest | 1,223 | $72,500 | $155,300 | — |
| New Castle | 21,579 | $42,219 | $77,400 | $741 |
| Edinburg | 196 | $79,022 | — | — |
| South New Castle | 712 | $69,375 | $104,100 | $933 |
| Neshannock | 9,721 | $83,115 | $212,100 | $1,049 |
| Mount Jackson | 590 | $58,472 | $142,700 | — |
More for people moving to Oakwood
Oakwood ZIP code ›Weather and climate ›Living in Oakwood: FAQ
What is the median household income in Oakwood, PA?
The median household income in Oakwood is $71,583, 8% lower than the Pennsylvania median of $77,971 (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 $118,400, compared with $254,500 in Pennsylvania.
How much is rent in Oakwood?
The median gross rent in Oakwood is $850 per month, about 26.3% of household income.
Is Oakwood, PA a good place to live?
Pluses: home values 53% lower than the state median; an average commute of 20 minutes; unemployment of 2.7%; a poverty rate of 4.8%. Minuses: median household income 8% lower than the Pennsylvania median.
What is the median age in Oakwood?
The median age in Oakwood is 43.3 years (Pennsylvania: 40.9).
How long is the commute in Oakwood?
The average commute to work in Oakwood is 20 minutes; 17% of workers work from home.
What is the unemployment rate in Oakwood?
The unemployment rate in Oakwood is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oakwood?
21.2% 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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