Oak Hill, ME
Population 5,365 · Maine
About Oak Hill, ME
Oak Hill is a small town located in Maine with a population of 5,365 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,967 per year, which is 24% above the national median of $75,149. The median age of 48.9 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 Oak Hill features a median home value of $404,600, which is 65% above the national median of $244,900. This places Oak Hill in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,618, 39% above the national average of $1,163/month. Of the 2,495 total housing units, 73% are owner-occupied (1,740 units) and 27% are renter-occupied (635 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak Hill shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oak Hill have an average one-way commute time of 17.2 minutes, one of the shorter commutes in the region.
Education & Demographics
47.9% of Oak Hill residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 4.9% Black or African American, and 0.6% Asian residents, with 1.3% of the population being foreign-born.
How Oak Hill Ranks in Maine
Cost of Living in Oak Hill, ME
Compared to national averages, Oak Hill has a median household income of $92,967 (24% above the national median of $75,149). Home values average $404,600, which is 65% above the national median. Monthly rent at $1,618 is 39% above the US average of $1,163. Within Maine, Oak Hill's income is 44% above the state average of $64,613, and home values are 61% above the state median of $251,113.
Why Live in Oak Hill, ME?
Oak Hill offers a strong local economy with a median household income of $92,967, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 47.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.3%, better than the national average, and short commute times averaging just 17.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $404,600. However, Oak Hill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak Hill has a population of 5,365 with a median age of 48.9 years. Compare Oak Hill with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Oak Hill
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kittery | 5,284 | $71,574 | $421,400 | Compare |
| North Windham | 5,633 | $86,972 | $309,900 | Compare |
| Winslow | 5,701 | $56,506 | $200,100 | Compare |
| Houlton | 4,958 | $52,227 | $121,700 | Compare |
| Hampden | 4,937 | $101,417 | $270,100 | Compare |
| Farmington | 4,879 | $39,646 | $161,800 | Compare |
| Kennebunk | 6,008 | $93,167 | $429,600 | Compare |
| Gardiner | 6,047 | $58,152 | $198,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maine
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oak Hill With Other Cities
Frequently Asked Questions about Oak Hill
What is the population of Oak Hill, ME?
The population of Oak Hill, ME is 5,365 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maine.
What is the median household income in Oak Hill?
The median household income in Oak Hill, ME is $92,967 per year, which is 24% above the national median of $75,149.
What is the median home value in Oak Hill?
The median home value in Oak Hill, ME is $404,600, which is 65% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Hill?
The median monthly rent in Oak Hill, ME is $1,618, which is 39% above the national average of $1,163/month.
What is the unemployment rate in Oak Hill?
The unemployment rate in Oak Hill, ME is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oak Hill, ME a good place to live?
Oak Hill offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,365 and a median age of 48.9, the city appeals to established professionals and retirees.
How educated is Oak Hill, ME?
47.9% of residents in Oak Hill 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 Oak Hill?
Key cost-of-living indicators for Oak Hill, ME: median home value is $404,600 (65% above national), median rent is $1,618/month, and median household income is $92,967. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Oak Hill?
The poverty rate in Oak Hill, ME is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oak Hill, ME?
Oak Hill's population is 0.0% White, 0.2% Hispanic or Latino, 4.9% Black or African American, 0.6% Asian, and 0.0% two or more races. 1.3% of residents are foreign-born.