Oakman, AL
Population 872 · Alabama
About Oakman, AL
Oakman is a small community located in Alabama with a population of 872 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 38.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakman features a median home value of $71,600, which is 71% below the national median of $244,900. This makes Oakman one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 444 total housing units, 75% are owner-occupied (268 units) and 25% are renter-occupied (88 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakman shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.6%, above the national average of 12.4%. Workers in Oakman have an average one-way commute time of 37.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
8.0% of Oakman residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Oakman Ranks in Alabama
Cost of Living in Oakman, AL
Compared to national averages, Oakman has a median household income of $0 (100% below the national median of $75,149). Home values average $71,600, which is 71% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alabama, Oakman's income is 100% below the state average of $57,952, and home values are 55% below the state median of $159,358.
Why Live in Oakman, AL?
Oakman offers affordable housing with a median home value of $71,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($0) that falls below the national average. However, Oakman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakman has a population of 872 with a median age of 38.6 years. Compare Oakman with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Oakman
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Vinemont | 872 | $49,674 | $158,300 | Compare |
| Ider | 871 | $42,500 | $150,800 | Compare |
| Walnut Grove | 871 | $41,223 | $136,300 | Compare |
| Littleville | 866 | $48,977 | $127,800 | Compare |
| Mosses | 865 | $26,250 | $61,300 | Compare |
| Pine Hill | 861 | $43,359 | $115,600 | Compare |
| Vandiver | 890 | $36,250 | $0 | Compare |
| Belle Fontaine | 853 | $100,144 | $180,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakman With Other Cities
Frequently Asked Questions about Oakman
What is the population of Oakman, AL?
The population of Oakman, AL is 872 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alabama.
What is the median household income in Oakman?
The median household income in Oakman, AL is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Oakman?
The median home value in Oakman, AL is $71,600, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakman?
The median monthly rent in Oakman, AL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oakman?
The unemployment rate in Oakman, AL is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakman, AL a good place to live?
Oakman offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 872 and a median age of 38.6, the city appeals to a broad range of residents.
How educated is Oakman, AL?
8.0% of residents in Oakman aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Oakman?
Key cost-of-living indicators for Oakman, AL: median home value is $71,600 (71% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Oakman?
The poverty rate in Oakman, AL is 20.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Oakman, AL?
Oakman's population is 3.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 10.0% two or more races. 0.0% of residents are foreign-born.