Oakfield, NY
Population 1,683 · New York
About Oakfield, NY
Oakfield is a small town located in New York with a population of 1,683 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,833 per year, which is 12% below the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakfield features a median home value of $131,200, which is 46% below the national median of $244,900. This makes Oakfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $720, 38% below the national average of $1,163/month. Of the 635 total housing units, 67% are owner-occupied (421 units) and 33% are renter-occupied (203 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakfield shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 14.5%, above the national average of 12.4%. Workers in Oakfield have an average one-way commute time of 26.1 minutes.
Education & Demographics
22.1% of Oakfield 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 1.4% White, 2.5% Hispanic or Latino, 6.8% Black or African American, and 2.7% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Oakfield, NY
Compared to national averages, Oakfield has a median household income of $65,833 (12% below the national median of $75,149). Home values average $131,200, which is 46% below the national median. Monthly rent at $720 is 38% below the US average of $1,163. Within New York, Oakfield's income is 32% below the state average of $96,987, and home values are 66% below the state median of $387,181.
Why Live in Oakfield, NY?
Oakfield offers affordable housing with a median home value of $131,200, below the US average of $244,900, and rent that’s lower than the national average at $720/month.
Potential considerations include median household income ($65,833) that falls below the national average. However, Oakfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakfield has a population of 1,683 with a median age of 38.1 years. Compare Oakfield with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Oakfield
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clintondale | 1,682 | $58,627 | $315,800 | Compare |
| Waterville | 1,682 | $76,125 | $158,300 | Compare |
| Houghton | 1,685 | $87,188 | $153,300 | Compare |
| Morrisonville | 1,688 | $83,750 | $209,900 | Compare |
| Painted Post | 1,691 | $68,009 | $145,600 | Compare |
| Milton CDP (Ulster County), New York | 1,692 | $95,909 | $338,700 | Compare |
| Walker Valley | 1,695 | $96,429 | $355,100 | Compare |
| Clayton | 1,669 | $57,125 | $192,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakfield With Other Cities
Frequently Asked Questions about Oakfield
What is the population of Oakfield, NY?
The population of Oakfield, NY is 1,683 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Oakfield?
The median household income in Oakfield, NY is $65,833 per year, which is 12% below the national median of $75,149.
What is the median home value in Oakfield?
The median home value in Oakfield, NY is $131,200, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakfield?
The median monthly rent in Oakfield, NY is $720, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Oakfield?
The unemployment rate in Oakfield, NY is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakfield, NY a good place to live?
Oakfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,683 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Oakfield, NY?
22.1% of residents in Oakfield 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 Oakfield?
Key cost-of-living indicators for Oakfield, NY: median home value is $131,200 (46% below national), median rent is $720/month, and median household income is $65,833. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakfield?
The poverty rate in Oakfield, NY is 14.5%, 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 Oakfield, NY?
Oakfield's population is 1.4% White, 2.5% Hispanic or Latino, 6.8% Black or African American, 2.7% Asian, and 3.4% two or more races. 1.3% of residents are foreign-born.