Oldsmar, FL
Population 14,872 · Florida
About Oldsmar, FL
Oldsmar is a mid-sized city located in Florida with a population of 14,872 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,100 per year, which is 1% above the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oldsmar features a median home value of $346,900, which is 42% above the national median of $244,900. This positions Oldsmar in a moderately priced market relative to the rest of the country. Median monthly rent is $1,438, 24% above the national average of $1,163/month. Of the 6,041 total housing units, 74% are owner-occupied (4,025 units) and 26% are renter-occupied (1,426 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oldsmar shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oldsmar have an average one-way commute time of 24.7 minutes.
Education & Demographics
36.5% of Oldsmar 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 2.7% White, 0.6% Hispanic or Latino, 4.2% Black or African American, and 7.8% Asian residents, with 11.5% of the population being foreign-born.
Cost of Living in Oldsmar, FL
Compared to national averages, Oldsmar has a median household income of $76,100 (1% above the national median of $75,149). Home values average $346,900, which is 42% above the national median. Monthly rent at $1,438 is 24% above the US average of $1,163. Within Florida, Oldsmar's income is 0% above the state average of $75,893, and home values are 2% below the state median of $353,675.
Why Live in Oldsmar, FL?
Oldsmar offers a strong local economy with a median household income of $76,100, well above the national average, and a well-educated community where 36.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.2%, better than the national average. Additionally, the city features short commute times averaging just 24.7 minutes.
Oldsmar has a population of 14,872 with a median age of 38.8 years. Compare Oldsmar with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Oldsmar
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Forest City | 14,871 | $84,337 | $364,900 | Compare |
| St. Augustine | 14,979 | $80,473 | $409,200 | Compare |
| Lockhart | 14,753 | $70,051 | $247,400 | Compare |
| West Park | 15,076 | $58,825 | $324,000 | Compare |
| Thonotosassa | 14,660 | $67,447 | $287,600 | Compare |
| Gladeview | 14,657 | $44,560 | $295,000 | Compare |
| Naranja | 14,610 | $55,563 | $310,700 | Compare |
| Key Biscayne | 14,560 | $172,604 | $1,238,700 | 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 Oldsmar With Other Cities
Frequently Asked Questions about Oldsmar
What is the population of Oldsmar, FL?
The population of Oldsmar, FL is 14,872 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Oldsmar?
The median household income in Oldsmar, FL is $76,100 per year, which is 1% above the national median of $75,149.
What is the median home value in Oldsmar?
The median home value in Oldsmar, FL is $346,900, which is 42% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oldsmar?
The median monthly rent in Oldsmar, FL is $1,438, which is 24% above the national average of $1,163/month.
What is the unemployment rate in Oldsmar?
The unemployment rate in Oldsmar, FL is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oldsmar, FL a good place to live?
Oldsmar offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 14,872 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Oldsmar, FL?
36.5% of residents in Oldsmar 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 Oldsmar?
Key cost-of-living indicators for Oldsmar, FL: median home value is $346,900 (42% above national), median rent is $1,438/month, and median household income is $76,100. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Oldsmar?
The poverty rate in Oldsmar, FL is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oldsmar, FL?
Oldsmar's population is 2.7% White, 0.6% Hispanic or Latino, 4.2% Black or African American, 7.8% Asian, and 6.1% two or more races. 11.5% of residents are foreign-born.