Charter Oak, CA
Population 9,414 · California
About Charter Oak, CA
Charter Oak is a small town located in California with a population of 9,414 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,101 per year, which is 12% above the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Charter Oak features a median home value of $601,900, which is 146% above the national median of $244,900. This places Charter Oak in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,838, 58% above the national average of $1,163/month. Of the 3,265 total housing units, 61% are owner-occupied (1,939 units) and 39% are renter-occupied (1,220 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Charter Oak shows an unemployment rate of 7.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Charter Oak have an average one-way commute time of 31.5 minutes.
Education & Demographics
32.1% of Charter Oak residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 39.8% White, 3.4% Hispanic or Latino, 0.3% Black or African American, and 17.7% Asian residents, with 28.7% of the population being foreign-born.
Cost of Living in Charter Oak, CA
Compared to national averages, Charter Oak has a median household income of $84,101 (12% above the national median of $75,149). Home values average $601,900, which is 146% above the national median. Monthly rent at $1,838 is 58% above the US average of $1,163. Within California, Charter Oak's income is 14% below the state average of $97,829, and home values are 8% below the state median of $653,874.
Why Live in Charter Oak, CA?
Charter Oak offers a strong local economy with a median household income of $84,101, well above the national average, and a low poverty rate of 10.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $601,900. However, Charter Oak’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Charter Oak has a population of 9,414 with a median age of 39.3 years. Compare Charter Oak with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Charter Oak
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mentone | 9,487 | $70,466 | $414,200 | Compare |
| Live Oak | 9,264 | $66,590 | $317,900 | Compare |
| Orange Cove | 9,607 | $38,447 | $232,900 | Compare |
| Waterford | 9,177 | $73,092 | $372,900 | Compare |
| Madera Acres | 9,758 | $76,033 | $319,700 | Compare |
| West Athens | 9,064 | $77,750 | $666,100 | Compare |
| Tiburon | 9,035 | $212,794 | $2,000,001 | Compare |
| Camp Pendleton Mainside | 9,801 | $56,250 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Charter Oak With Other Cities
Frequently Asked Questions about Charter Oak
What is the population of Charter Oak, CA?
The population of Charter Oak, CA is 9,414 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in California.
What is the median household income in Charter Oak?
The median household income in Charter Oak, CA is $84,101 per year, which is 12% above the national median of $75,149.
What is the median home value in Charter Oak?
The median home value in Charter Oak, CA is $601,900, which is 146% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Charter Oak?
The median monthly rent in Charter Oak, CA is $1,838, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Charter Oak?
The unemployment rate in Charter Oak, CA is 7.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Charter Oak, CA a good place to live?
Charter Oak offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 9,414 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Charter Oak, CA?
32.1% of residents in Charter Oak 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 Charter Oak?
Key cost-of-living indicators for Charter Oak, CA: median home value is $601,900 (146% above national), median rent is $1,838/month, and median household income is $84,101. The home-value-to-income ratio is 7.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Charter Oak?
The poverty rate in Charter Oak, CA is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Charter Oak, CA?
Charter Oak's population is 39.8% White, 3.4% Hispanic or Latino, 0.3% Black or African American, 17.7% Asian, and 9.1% two or more races. 28.7% of residents are foreign-born.