Oakland, FL
Population 3,566 · Florida
About Oakland, FL
Oakland is a small town located in Florida with a population of 3,566 residents according to the latest US Census Bureau American Community Survey data. The median household income is $142,917 per year, which is 90% above the national median of $75,149. The median age of 40.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakland features a median home value of $487,900, which is 99% above the national median of $244,900. This places Oakland in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,279, 96% above the national average of $1,163/month. Of the 1,295 total housing units, 83% are owner-occupied (996 units) and 17% are renter-occupied (209 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakland shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakland have an average one-way commute time of 27.6 minutes.
Education & Demographics
42.2% of Oakland 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 0.9% White, 0.6% Hispanic or Latino, 3.8% Black or African American, and 5.6% Asian residents, with 12.1% of the population being foreign-born.
How Oakland Ranks in Florida
Cost of Living in Oakland, FL
Compared to national averages, Oakland has a median household income of $142,917 (90% above the national median of $75,149). Home values average $487,900, which is 99% above the national median. Monthly rent at $2,279 is 96% above the US average of $1,163. Within Florida, Oakland's income is 88% above the state average of $75,893, and home values are 38% above the state median of $353,675.
Why Live in Oakland, FL?
Oakland offers a strong local economy with a median household income of $142,917, well above the national average, and a strong job market with an unemployment rate of just 0.8%, and a well-educated community where 42.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $487,900. However, Oakland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakland has a population of 3,566 with a median age of 40.2 years. Compare Oakland with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Oakland
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kensington Park | 3,561 | $80,139 | $291,700 | Compare |
| Lake Clarke Shores | 3,550 | $150,393 | $494,700 | Compare |
| Geneva | 3,520 | $142,188 | $514,500 | Compare |
| High Point | 3,618 | $48,768 | $175,100 | Compare |
| Bunnell | 3,511 | $52,564 | $247,800 | Compare |
| Holden Lakes | 3,506 | $66,196 | $354,600 | Compare |
| Midway | 3,504 | $61,048 | $212,400 | Compare |
| Port St. Joe | 3,499 | $60,347 | $280,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakland With Other Cities
Frequently Asked Questions about Oakland
What is the population of Oakland, FL?
The population of Oakland, FL is 3,566 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Oakland?
The median household income in Oakland, FL is $142,917 per year, which is 90% above the national median of $75,149.
What is the median home value in Oakland?
The median home value in Oakland, FL is $487,900, which is 99% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakland?
The median monthly rent in Oakland, FL is $2,279, which is 96% above the national average of $1,163/month.
What is the unemployment rate in Oakland?
The unemployment rate in Oakland, FL is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakland, FL a good place to live?
Oakland offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,566 and a median age of 40.2, the city appeals to a broad range of residents.
How educated is Oakland, FL?
42.2% of residents in Oakland aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oakland?
Key cost-of-living indicators for Oakland, FL: median home value is $487,900 (99% above national), median rent is $2,279/month, and median household income is $142,917. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakland?
The poverty rate in Oakland, FL is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakland, FL?
Oakland's population is 0.9% White, 0.6% Hispanic or Latino, 3.8% Black or African American, 5.6% Asian, and 26.8% two or more races. 12.1% of residents are foreign-born.