Oakwood, MO
Population 163 · Missouri
About Oakwood, MO
Oakwood is a small community located in Missouri with a population of 163 residents according to the latest US Census Bureau American Community Survey data. The median household income is $136,250 per year, which is 81% above the national median of $75,149. The median age of 60.5 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 Oakwood features a median home value of $402,300, which is 64% above the national median of $244,900. This places Oakwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 74 total housing units, 96% are owner-occupied (67 units) and 4% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakwood shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakwood have an average one-way commute time of 16.1 minutes, one of the shorter commutes in the region.
Education & Demographics
45.2% of Oakwood 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 3.1% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 1.8% of the population being foreign-born.
How Oakwood Ranks in Missouri
Cost of Living in Oakwood, MO
Compared to national averages, Oakwood has a median household income of $136,250 (81% above the national median of $75,149). Home values average $402,300, which is 64% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Missouri, Oakwood's income is 123% above the state average of $61,047, and home values are 167% above the state median of $150,786.
Why Live in Oakwood, MO?
Oakwood offers a strong local economy with a median household income of $136,250, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 45.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.1%, better than the national average, and short commute times averaging just 16.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $402,300. However, Oakwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakwood has a population of 163 with a median age of 60.5 years. Compare Oakwood with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Oakwood
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eugene | 163 | $59,083 | $64,500 | Compare |
| Wortham | 163 | $0 | $0 | Compare |
| Howardville | 162 | $13,889 | $56,500 | Compare |
| Schell City | 164 | $37,750 | $47,000 | Compare |
| Homestead | 161 | $63,750 | $95,000 | Compare |
| Shawneetown | 165 | $138,571 | $0 | Compare |
| Weingarten | 160 | $48,393 | $0 | Compare |
| Phillipsburg | 159 | $35,750 | $103,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Oakwood, MO is 163 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Oakwood?
The median household income in Oakwood, MO is $136,250 per year, which is 81% above the national median of $75,149.
What is the median home value in Oakwood?
The median home value in Oakwood, MO is $402,300, which is 64% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakwood?
The median monthly rent in Oakwood, MO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oakwood?
The unemployment rate in Oakwood, MO is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakwood, MO a good place to live?
Oakwood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 163 and a median age of 60.5, the city appeals to established professionals and retirees.
How educated is Oakwood, MO?
45.2% of residents in Oakwood 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 Oakwood?
Key cost-of-living indicators for Oakwood, MO: median home value is $402,300 (64% above national), median rent is $0/month, and median household income is $136,250. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakwood?
The poverty rate in Oakwood, MO is 3.1%, 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, MO?
Oakwood's population is 3.1% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.6% two or more races. 1.8% of residents are foreign-born.