Living in Oakton, Virginia

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

Oakton has 36,528 residents with a median age of 40.1. The median household income is $160,663 (72% higher than the Virginia median), the median home value is $792,100, the median rent is $2,276/month.

Oakton at a glance

Population
36,528
Median age
40.1State: 39
Median household income
$160,663State: $93,170
Median home value
$792,100State: $383,700
Median rent
$2,276/moState: $1,579
Homeowners
66.6%
Bachelor's degree or higher
74.5%
Average commute
29 min

Is Oakton a good place to live?

Pros: Median household income 72% higher than the Virginia median; unemployment of 1.9%; a poverty rate of 4.6%.

Cons: Home values 106% higher than the state median; an average commute of 29 minutes.

The weather is best in June to September.

Cost of living in Oakton

Housing is the biggest part of the cost of living. In Oakton the median home value is $792,100, 138% higher than the U.S. median. Renters pay a median of $2,276 per month, which is 25.1% of household income. Homeowners with a mortgage pay $3,418 a month in housing costs.

Median home value

Oakton$792,100
Virginia$383,700
United States$332,700

Median monthly rent

Oakton$2,276
Virginia$1,579
United States$1,413

Oakton median household income

The median household income in Oakton is $160,663 and the income per person is $80,974. 4.6% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Oakton$160,663
Virginia$93,170
United States$80,734

Housing in Oakton: homes for sale and rent

Housing units
14,383
Owner-occupied
66.6%
Renter-occupied
33.4%
Vacant
2.2%Includes seasonal homes
Median year built
1983
Average household size
2.59

Oakton demographics

Population
36,528
Median age
40.1
Under 18
22.2%
65 and older
16.4%
Households
14,065
Foreign-born
31.6%
Veterans
5.9%Adults 18+

Race and ethnicity

White57.3%
Hispanic or Latino10.7%
Black6.7%
Asian22.4%

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

Education in Oakton

74.5% of adults 25 and older in Oakton have a bachelor's degree or higher (Virginia: 42.2%), and 39.5% have a graduate or professional degree.

Bachelor's degree or higher

Oakton74.5%
Virginia42.2%
United States35.7%

Jobs and commute in Oakton

Unemployment rate
1.9%State: 4.3%
Average commute
29 minState: 27 min
Work from home
34.1%
Drive alone
48%
Public transit
7.8%
Walk to work
1.4%
Homes with broadband
97.8%

Oakton vs nearby towns

TownPopulationMedian incomeHome valueRent
Oakton36,528$160,663$792,100$2,276
Vienna16,412$216,953$1,008,800$2,391
Fairfax25,026$132,348$722,600$2,245
Difficult Run9,938$250,001$1,111,400$3,066
Fair Oaks35,545$123,947$608,200$2,275
Mantua8,298$213,047$1,001,200$2,064
Wolf Trap15,858$250,001$1,204,000$3,501
Merrifield20,698$136,373$660,800$2,368
Dunn Loring8,957$244,265$951,400$3,501

More for people moving to Oakton

Oakton ZIP code ›Weather and climate ›

Living in Oakton: FAQ

What is the median household income in Oakton, VA?

The median household income in Oakton is $160,663, 72% higher than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Oakton?

The median home value in Oakton is $792,100, compared with $383,700 in Virginia.

How much is rent in Oakton?

The median gross rent in Oakton is $2,276 per month, about 25.1% of household income.

Is Oakton, VA a good place to live?

Pluses: median household income 72% higher than the Virginia median; unemployment of 1.9%; a poverty rate of 4.6%. Minuses: home values 106% higher than the state median; an average commute of 29 minutes.

What is the median age in Oakton?

The median age in Oakton is 40.1 years (Virginia: 39).

How long is the commute in Oakton?

The average commute to work in Oakton is 29 minutes; 34.1% of workers work from home.

What is the unemployment rate in Oakton?

The unemployment rate in Oakton is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oakton?

74.5% of adults in Oakton 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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