Oakland, NE
Population 1,572 · Nebraska
About Oakland, NE
Oakland is a small town located in Nebraska with a population of 1,572 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,202 per year, which is 12% below the national median of $75,149. The median age of 44.5 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 Oakland features a median home value of $150,600, which is 39% below the national median of $244,900. This positions Oakland in a moderately priced market relative to the rest of the country. Median monthly rent is $663, 43% below the national average of $1,163/month. Of the 682 total housing units, 72% are owner-occupied (449 units) and 28% are renter-occupied (172 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakland 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 11.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakland have an average one-way commute time of 22.6 minutes.
Education & Demographics
26.5% of Oakland 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 0.7% White, 2.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Oakland, NE
Compared to national averages, Oakland has a median household income of $66,202 (12% below the national median of $75,149). Home values average $150,600, which is 39% below the national median. Monthly rent at $663 is 43% below the US average of $1,163. Within Nebraska, Oakland's income is 0% above the state average of $65,895, and home values are 20% above the state median of $125,824.
Why Live in Oakland, NE?
Oakland offers affordable housing with a median home value of $150,600, below the US average of $244,900, and rent that’s lower than the national average at $663/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 11.4%, better than the national average, and short commute times averaging just 22.6 minutes.
Potential considerations include median household income ($66,202) that falls below the national average. However, Oakland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakland has a population of 1,572 with a median age of 44.5 years. Compare Oakland with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Oakland
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yutan | 1,535 | $89,531 | $184,900 | Compare |
| Springfield | 1,620 | $92,153 | $237,300 | Compare |
| Ainsworth | 1,632 | $51,667 | $90,500 | Compare |
| Bayard | 1,509 | $61,818 | $107,900 | Compare |
| Neligh | 1,636 | $60,000 | $145,100 | Compare |
| Hebron | 1,641 | $61,207 | $117,400 | Compare |
| Gibbon | 1,643 | $69,762 | $151,700 | Compare |
| Gordon | 1,646 | $58,906 | $93,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakland With Other Cities
Frequently Asked Questions about Oakland
What is the population of Oakland, NE?
The population of Oakland, NE is 1,572 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Nebraska.
What is the median household income in Oakland?
The median household income in Oakland, NE is $66,202 per year, which is 12% below the national median of $75,149.
What is the median home value in Oakland?
The median home value in Oakland, NE is $150,600, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakland?
The median monthly rent in Oakland, NE is $663, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Oakland?
The unemployment rate in Oakland, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakland, NE a good place to live?
Oakland offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,572 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Oakland, NE?
26.5% of residents in Oakland 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 Oakland?
Key cost-of-living indicators for Oakland, NE: median home value is $150,600 (39% below national), median rent is $663/month, and median household income is $66,202. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakland?
The poverty rate in Oakland, NE is 11.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakland, NE?
Oakland's population is 0.7% White, 2.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.3% two or more races. 0.0% of residents are foreign-born.