Living in Oakland, Tennessee

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

Oakland has 9,979 residents with a median age of 40.3. The median household income is $97,798 (41% higher than the Tennessee median), the median home value is $319,100, the median rent is $1,992/month.

Oakland at a glance

Population
9,979
Median age
40.3State: 38.9
Median household income
$97,798State: $69,595
Median home value
$319,100State: $286,700
Median rent
$1,992/moState: $1,189
Homeowners
87%
Bachelor's degree or higher
33.2%
Average commute
35 min

Is Oakland a good place to live?

Pros: Median household income 41% higher than the Tennessee median; unemployment of 3.3%; a poverty rate of 5.8%.

Cons: Home values 11% higher than the state median; an average commute of 35 minutes.

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

Cost of living in Oakland

Housing is the biggest part of the cost of living. In Oakland the median home value is $319,100, 4% lower than the U.S. median. Renters pay a median of $1,992 per month, which is 29.9% of household income. Homeowners with a mortgage pay $1,612 a month in housing costs.

Median home value

Oakland$319,100
Tennessee$286,700
United States$332,700

Median monthly rent

Oakland$1,992
Tennessee$1,189
United States$1,413

Oakland median household income

The median household income in Oakland is $97,798 and the income per person is $41,248. 5.8% of residents live below the poverty line (Tennessee: 13.8%).

Median household income

Oakland$97,798
Tennessee$69,595
United States$80,734

Housing in Oakland: homes for sale and rent

Housing units
4,082
Owner-occupied
87%
Renter-occupied
13%
Vacant
2.7%Includes seasonal homes
Median year built
2007
Average household size
2.51

Oakland demographics

Population
9,979
Median age
40.3
Under 18
20.8%
65 and older
17.2%
Households
3,973
Foreign-born
3.1%
Veterans
10.7%Adults 18+

Race and ethnicity

White68%
Hispanic or Latino2.1%
Black26.5%
Asian0.2%

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

Education in Oakland

33.2% of adults 25 and older in Oakland have a bachelor's degree or higher (Tennessee: 31.1%), and 6.5% have a graduate or professional degree.

Bachelor's degree or higher

Oakland33.2%
Tennessee31.1%
United States35.7%

Jobs and commute in Oakland

Unemployment rate
3.3%State: 4.7%
Average commute
35 minState: 26 min
Work from home
12.6%
Drive alone
71.7%
Public transit
0%
Walk to work
1.8%
Homes with broadband
95.1%

Oakland vs nearby towns

TownPopulationMedian incomeHome valueRent
Oakland9,979$97,798$319,100$1,992
Arlington15,205$135,105$424,400$2,164
Gallaway609$30,208$184,400$455
Somerville3,466$44,310$312,900$710
Braden308$82,115$280,000$1,200
Williston480$76,875$171,800$1,091
Lakeland14,192$116,250$388,900$1,755
Piperton2,569$130,100$618,800$1,083
Mason1,039$47,794$138,100$1,316

More for people moving to Oakland

Oakland ZIP code ›Weather and climate ›

Living in Oakland: FAQ

What is the median household income in Oakland, TN?

The median household income in Oakland is $97,798, 41% higher than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oakland?

The median home value in Oakland is $319,100, compared with $286,700 in Tennessee.

How much is rent in Oakland?

The median gross rent in Oakland is $1,992 per month, about 29.9% of household income.

Is Oakland, TN a good place to live?

Pluses: median household income 41% higher than the Tennessee median; unemployment of 3.3%; a poverty rate of 5.8%. Minuses: home values 11% higher than the state median; an average commute of 35 minutes.

What is the median age in Oakland?

The median age in Oakland is 40.3 years (Tennessee: 38.9).

How long is the commute in Oakland?

The average commute to work in Oakland is 35 minutes; 12.6% of workers work from home.

What is the unemployment rate in Oakland?

The unemployment rate in Oakland is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oakland?

33.2% of adults in Oakland 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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