Oakville, CT
Population 9,233 · Connecticut
About Oakville, CT
Oakville is a small town located in Connecticut with a population of 9,233 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,330 per year, which is 19% above the national median of $75,149. The median age of 46.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oakville features a median home value of $253,500, which is 4% above the national median of $244,900. This positions Oakville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,378, 18% above the national average of $1,163/month. Of the 4,058 total housing units, 73% are owner-occupied (2,736 units) and 27% are renter-occupied (1,002 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakville shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakville have an average one-way commute time of 24.5 minutes.
Education & Demographics
30.1% of Oakville 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 0.0% White, 3.3% Hispanic or Latino, 5.6% Black or African American, and 10.7% Asian residents, with 11.2% of the population being foreign-born.
How Oakville Ranks in Connecticut
Cost of Living in Oakville, CT
Compared to national averages, Oakville has a median household income of $89,330 (19% above the national median of $75,149). Home values average $253,500, which is 4% above the national median. Monthly rent at $1,378 is 18% above the US average of $1,163. Within Connecticut, Oakville's income is 27% below the state average of $123,065, and home values are 51% below the state median of $516,920.
Why Live in Oakville, CT?
Oakville offers a strong local economy with a median household income of $89,330, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a low poverty rate of 2.5%, better than the national average. Additionally, the city features short commute times averaging just 24.5 minutes.
Oakville has a population of 9,233 with a median age of 46.1 years. Compare Oakville with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Oakville
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Riverside | 9,216 | $250,001 | $1,824,700 | Compare |
| Groton | 9,343 | $69,811 | $278,900 | Compare |
| Sandy Hook | 9,718 | $144,335 | $460,600 | Compare |
| Long Hill CDP (Greater Bridgeport County), Connecticut | 8,597 | $145,000 | $450,300 | Compare |
| Conning Towers-Nautilus Park | 8,590 | $78,738 | $260,500 | Compare |
| Kensington | 9,936 | $105,000 | $304,400 | Compare |
| Trumbull Center | 10,137 | $124,547 | $463,100 | Compare |
| Southwood Acres | 8,154 | $105,529 | $247,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakville With Other Cities
Frequently Asked Questions about Oakville
What is the population of Oakville, CT?
The population of Oakville, CT is 9,233 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Oakville?
The median household income in Oakville, CT is $89,330 per year, which is 19% above the national median of $75,149.
What is the median home value in Oakville?
The median home value in Oakville, CT is $253,500, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakville?
The median monthly rent in Oakville, CT is $1,378, which is 18% above the national average of $1,163/month.
What is the unemployment rate in Oakville?
The unemployment rate in Oakville, CT is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakville, CT a good place to live?
Oakville offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,233 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Oakville, CT?
30.1% of residents in Oakville 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 Oakville?
Key cost-of-living indicators for Oakville, CT: median home value is $253,500 (4% above national), median rent is $1,378/month, and median household income is $89,330. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakville?
The poverty rate in Oakville, CT is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakville, CT?
Oakville's population is 0.0% White, 3.3% Hispanic or Latino, 5.6% Black or African American, 10.7% Asian, and 2.5% two or more races. 11.2% of residents are foreign-born.