Oakboro, NC
Population 2,453 · North Carolina
About Oakboro, NC
Oakboro is a small town located in North Carolina with a population of 2,453 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,071 per year, which is 1% above the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakboro features a median home value of $235,800, which is 4% below the national median of $244,900. This positions Oakboro in a moderately priced market relative to the rest of the country. Median monthly rent is $1,028, 12% below the national average of $1,163/month. Of the 964 total housing units, 80% are owner-occupied (754 units) and 20% are renter-occupied (190 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakboro shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakboro have an average one-way commute time of 34.1 minutes.
Education & Demographics
21.8% of Oakboro 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 7.7% White, 1.0% Hispanic or Latino, 0.7% Black or African American, and 1.5% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Oakboro, NC
Compared to national averages, Oakboro has a median household income of $76,071 (1% above the national median of $75,149). Home values average $235,800, which is 4% below the national median. Monthly rent at $1,028 is 12% below the US average of $1,163. Within North Carolina, Oakboro's income is 18% above the state average of $64,468, and home values are 3% above the state median of $228,922.
Why Live in Oakboro, NC?
Oakboro offers a strong local economy with a median household income of $76,071, well above the national average, and affordable housing with a median home value of $235,800, below the US average of $244,900, and rent that’s lower than the national average at $1,028/month. Additionally, the city features a low poverty rate of 5.6%, better than the national average.
Oakboro has a population of 2,453 with a median age of 38.2 years. Compare Oakboro with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Oakboro
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Swepsonville | 2,452 | $94,028 | $282,500 | Compare |
| Mayodan | 2,446 | $42,336 | $116,100 | Compare |
| Grandy | 2,443 | $63,438 | $304,000 | Compare |
| Denver | 2,483 | $73,393 | $285,600 | Compare |
| Fruitland | 2,417 | $46,113 | $136,500 | Compare |
| Neuse Forest | 2,406 | $88,333 | $194,200 | Compare |
| Maxton | 2,398 | $22,632 | $79,600 | Compare |
| Calabash | 2,397 | $60,048 | $202,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakboro With Other Cities
Frequently Asked Questions about Oakboro
What is the population of Oakboro, NC?
The population of Oakboro, NC is 2,453 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Oakboro?
The median household income in Oakboro, NC is $76,071 per year, which is 1% above the national median of $75,149.
What is the median home value in Oakboro?
The median home value in Oakboro, NC is $235,800, which is 4% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakboro?
The median monthly rent in Oakboro, NC is $1,028, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Oakboro?
The unemployment rate in Oakboro, NC is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakboro, NC a good place to live?
Oakboro offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,453 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Oakboro, NC?
21.8% of residents in Oakboro 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 Oakboro?
Key cost-of-living indicators for Oakboro, NC: median home value is $235,800 (4% below national), median rent is $1,028/month, and median household income is $76,071. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakboro?
The poverty rate in Oakboro, NC is 5.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakboro, NC?
Oakboro's population is 7.7% White, 1.0% Hispanic or Latino, 0.7% Black or African American, 1.5% Asian, and 12.4% two or more races. 3.8% of residents are foreign-born.