Oakwood, GA
Population 5,499 · Georgia
About Oakwood, GA
Oakwood is a small town located in Georgia with a population of 5,499 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,191 per year, which is 19% below the national median of $75,149. The median age of 31.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Oakwood features a median home value of $255,400, which is 4% above the national median of $244,900. This positions Oakwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,269, 9% above the national average of $1,163/month. Of the 2,478 total housing units, 37% are owner-occupied (804 units) and 63% are renter-occupied (1,365 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Oakwood shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakwood have an average one-way commute time of 27.2 minutes.
Education & Demographics
20.1% of Oakwood 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 8.8% White, 1.6% Hispanic or Latino, 3.4% Black or African American, and 19.3% Asian residents, with 21.1% of the population being foreign-born.
Cost of Living in Oakwood, GA
Compared to national averages, Oakwood has a median household income of $61,191 (19% below the national median of $75,149). Home values average $255,400, which is 4% above the national median. Monthly rent at $1,269 is 9% above the US average of $1,163. Within Georgia, Oakwood's income is 1% above the state average of $60,815, and home values are 31% above the state median of $194,684.
Why Live in Oakwood, GA?
Oakwood offers a strong job market with an unemployment rate of just 3.4%, and a low poverty rate of 11.5%, better than the national average.
Potential considerations include median household income ($61,191) that falls below the national average. However, Oakwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakwood has a population of 5,499 with a median age of 31.9 years. Compare Oakwood with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near Oakwood
Cities in Georgia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sylvester | 5,557 | $59,808 | $125,000 | Compare |
| Conley | 5,404 | $45,598 | $130,900 | Compare |
| Adel | 5,619 | $35,897 | $136,900 | Compare |
| Fairview | 5,620 | $60,714 | $171,500 | Compare |
| Eastman | 5,624 | $46,214 | $145,300 | Compare |
| Senoia | 5,353 | $121,505 | $382,700 | Compare |
| Jackson | 5,648 | $44,508 | $163,300 | Compare |
| Temple | 5,655 | $89,269 | $210,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakwood With Other Cities
Frequently Asked Questions about Oakwood
What is the population of Oakwood, GA?
The population of Oakwood, GA is 5,499 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Georgia.
What is the median household income in Oakwood?
The median household income in Oakwood, GA is $61,191 per year, which is 19% below the national median of $75,149.
What is the median home value in Oakwood?
The median home value in Oakwood, GA is $255,400, which is 4% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Oakwood?
The median monthly rent in Oakwood, GA is $1,269, which is 9% above the national average of $1,163/month.
What is the unemployment rate in Oakwood?
The unemployment rate in Oakwood, GA is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakwood, GA a good place to live?
Oakwood offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 5,499 and a median age of 31.9, the city appeals to young professionals and families.
How educated is Oakwood, GA?
20.1% of residents in Oakwood 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 Oakwood?
Key cost-of-living indicators for Oakwood, GA: median home value is $255,400 (4% above national), median rent is $1,269/month, and median household income is $61,191. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Oakwood?
The poverty rate in Oakwood, GA is 11.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakwood, GA?
Oakwood's population is 8.8% White, 1.6% Hispanic or Latino, 3.4% Black or African American, 19.3% Asian, and 11.5% two or more races. 21.1% of residents are foreign-born.