Oakdale, NE
Population 351 · Nebraska
About Oakdale, NE
Oakdale is a small community located in Nebraska with a population of 351 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,750 per year, which is 22% below the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakdale features a median home value of $43,700, which is 82% below the national median of $244,900. This makes Oakdale one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $913, 21% below the national average of $1,163/month. Of the 178 total housing units, 86% are owner-occupied (123 units) and 14% are renter-occupied (20 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakdale shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.6%, above the national average of 12.4%. Workers in Oakdale have an average one-way commute time of 28.7 minutes.
Education & Demographics
4.8% of Oakdale 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 2.0% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 3.1% of the population being foreign-born.
How Oakdale Ranks in Nebraska
Cost of Living in Oakdale, NE
Compared to national averages, Oakdale has a median household income of $58,750 (22% below the national median of $75,149). Home values average $43,700, which is 82% below the national median. Monthly rent at $913 is 21% below the US average of $1,163. Within Nebraska, Oakdale's income is 11% below the state average of $65,895, and home values are 65% below the state median of $125,824.
Why Live in Oakdale, NE?
Oakdale offers affordable housing with a median home value of $43,700, below the US average of $244,900, and rent that’s lower than the national average at $913/month, and a strong job market with an unemployment rate of just 2.3%.
Potential considerations include median household income ($58,750) that falls below the national average. However, Oakdale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakdale has a population of 351 with a median age of 38.5 years. Compare Oakdale with other cities to see how it stacks up, or explore all cities in Nebraska.
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Cities in Nebraska with a similar population size.
Demographics
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Economy & Education
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oakdale
What is the population of Oakdale, NE?
The population of Oakdale, NE is 351 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Oakdale?
The median household income in Oakdale, NE is $58,750 per year, which is 22% below the national median of $75,149.
What is the median home value in Oakdale?
The median home value in Oakdale, NE is $43,700, which is 82% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakdale?
The median monthly rent in Oakdale, NE is $913, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Oakdale?
The unemployment rate in Oakdale, NE is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakdale, NE a good place to live?
Oakdale offers a moderate cost of living, affordable housing, and a strong job market. With a population of 351 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Oakdale, NE?
4.8% of residents in Oakdale 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 Oakdale?
Key cost-of-living indicators for Oakdale, NE: median home value is $43,700 (82% below national), median rent is $913/month, and median household income is $58,750. The home-value-to-income ratio is 0.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakdale?
The poverty rate in Oakdale, NE is 23.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Oakdale, NE?
Oakdale's population is 2.0% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 3.1% two or more races. 3.1% of residents are foreign-born.