Oakwood Park, MO
Population 224 · Missouri
About Oakwood Park, MO
Oakwood Park is a small community located in Missouri with a population of 224 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,000 per year, which is 13% above the national median of $75,149. The median age of 37.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakwood Park features a median home value of $169,200, which is 31% below the national median of $244,900. This positions Oakwood Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,425, 23% above the national average of $1,163/month. Of the 90 total housing units, 91% are owner-occupied (75 units) and 9% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakwood Park shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakwood Park have an average one-way commute time of 19.8 minutes, one of the shorter commutes in the region.
Education & Demographics
41.4% of Oakwood Park 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 9.4% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 4.5% of the population being foreign-born.
Cost of Living in Oakwood Park, MO
Compared to national averages, Oakwood Park has a median household income of $85,000 (13% above the national median of $75,149). Home values average $169,200, which is 31% below the national median. Monthly rent at $1,425 is 23% above the US average of $1,163. Within Missouri, Oakwood Park's income is 39% above the state average of $61,047, and home values are 12% above the state median of $150,786.
Why Live in Oakwood Park, MO?
Oakwood Park offers a strong local economy with a median household income of $85,000, well above the national average, and affordable housing with a median home value of $169,200, below the US average of $244,900, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 41.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.9%, better than the national average, and short commute times averaging just 19.8 minutes.
Oakwood Park has a population of 224 with a median age of 37.7 years. Compare Oakwood Park with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Oakwood Park
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Parkdale | 223 | $73,750 | $175,000 | Compare |
| Everton | 227 | $36,023 | $69,200 | Compare |
| Lake Lafayette | 227 | $34,375 | $76,600 | Compare |
| Dadeville | 220 | $66,250 | $125,000 | Compare |
| Tracy | 219 | $83,750 | $205,000 | Compare |
| Barnard | 216 | $24,457 | $63,600 | Compare |
| Middletown | 232 | $49,643 | $71,300 | Compare |
| Neck City | 232 | $68,393 | $93,300 | 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.
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Frequently Asked Questions about Oakwood Park
What is the population of Oakwood Park, MO?
The population of Oakwood Park, MO is 224 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 Park?
The median household income in Oakwood Park, MO is $85,000 per year, which is 13% above the national median of $75,149.
What is the median home value in Oakwood Park?
The median home value in Oakwood Park, MO is $169,200, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakwood Park?
The median monthly rent in Oakwood Park, MO is $1,425, which is 23% above the national average of $1,163/month.
What is the unemployment rate in Oakwood Park?
The unemployment rate in Oakwood Park, MO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakwood Park, MO a good place to live?
Oakwood Park offers above-average incomes, affordable housing, and a strong job market. With a population of 224 and a median age of 37.7, the city appeals to a broad range of residents.
How educated is Oakwood Park, MO?
41.4% of residents in Oakwood Park 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 Park?
Key cost-of-living indicators for Oakwood Park, MO: median home value is $169,200 (31% below national), median rent is $1,425/month, and median household income is $85,000. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakwood Park?
The poverty rate in Oakwood Park, MO is 4.9%, 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 Park, MO?
Oakwood Park's population is 9.4% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 2.7% two or more races. 4.5% of residents are foreign-born.