Oakley, ID
Population 846 · Idaho
About Oakley, ID
Oakley is a small community located in Idaho with a population of 846 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,333 per year, which is 24% above the national median of $75,149. The median age of 33 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 Oakley features a median home value of $220,000, which is 10% below the national median of $244,900. This positions Oakley in a moderately priced market relative to the rest of the country. Median monthly rent is $642, 45% below the national average of $1,163/month. Of the 277 total housing units, 94% are owner-occupied (218 units) and 6% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakley 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 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakley have an average one-way commute time of 23.8 minutes.
Education & Demographics
22.7% of Oakley 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 3.5% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.8% of the population being foreign-born.
How Oakley Ranks in Idaho
Cost of Living in Oakley, ID
Compared to national averages, Oakley has a median household income of $93,333 (24% above the national median of $75,149). Home values average $220,000, which is 10% below the national median. Monthly rent at $642 is 45% below the US average of $1,163. Within Idaho, Oakley's income is 43% above the state average of $65,190, and home values are 20% below the state median of $274,721.
Why Live in Oakley, ID?
Oakley offers a strong local economy with a median household income of $93,333, well above the national average, and affordable housing with a median home value of $220,000, below the US average of $244,900, and rent that’s lower than the national average at $642/month. Additionally, the city features a strong job market with an unemployment rate of just 0.8%, and a low poverty rate of 2.6%, better than the national average, and short commute times averaging just 23.8 minutes.
Oakley has a population of 846 with a median age of 33 years. Compare Oakley with other cities to see how it stacks up, or explore all cities in Idaho.
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Demographics
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Economy & Education
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Other Cities in Idaho
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oakley
What is the population of Oakley, ID?
The population of Oakley, ID is 846 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Idaho.
What is the median household income in Oakley?
The median household income in Oakley, ID is $93,333 per year, which is 24% above the national median of $75,149.
What is the median home value in Oakley?
The median home value in Oakley, ID is $220,000, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakley?
The median monthly rent in Oakley, ID is $642, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Oakley?
The unemployment rate in Oakley, ID is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakley, ID a good place to live?
Oakley offers above-average incomes, affordable housing, and a strong job market. With a population of 846 and a median age of 33, the city appeals to young professionals and families.
How educated is Oakley, ID?
22.7% of residents in Oakley 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 Oakley?
Key cost-of-living indicators for Oakley, ID: median home value is $220,000 (10% below national), median rent is $642/month, and median household income is $93,333. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakley?
The poverty rate in Oakley, ID is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakley, ID?
Oakley's population is 3.5% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.8% of residents are foreign-born.