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US City Data

Oakwood, OH

Population 9,480 · Ohio

Population
9,480
Median Income
$158,968
Median Home Value
$350,100
Median Rent
$1,320/mo

About Oakwood, OH

Oakwood is a small community in Ohio with a population of 9,480 residents. The median household income is $158,968 per year, which is above the national average. The median age in Oakwood is 38.9 years.

Housing in Oakwood has a median home value of $350,100 and median monthly rent of $1,320. Of the 3,746 total housing units, the majority are owner-occupied, with 2,774 owner-occupied and 708 renter-occupied units.

The unemployment rate in Oakwood is 2.5% and the poverty rate is 3.2%. 75.1% of residents hold a bachelor's degree or higher. The average commute time is 21.2 minutes.

How Oakwood Ranks in Ohio

Highest Income Cities
#28
of 50 cities · $158,968
Most Educated Cities
#24
of 50 cities · 75.1%

Cost of Living in Oakwood, OH

Compared to national averages, Oakwood has a median household income of $158,968 (112% above the national median of $75,149). Home values average $350,100, which is 43% above the national median. Monthly rent at $1,320 is 13% above the US average of $1,163. Within Ohio, Oakwood's income is 121% above the state average of $71,814, and home values are 101% above the state median of $174,449.

Income vs National
$158,968
National: $75,149
Ohio: $71,814
Home Value vs National
$350,100
National: $244,900
Ohio: $174,449
Rent vs National
$1,320
National: $1,163
Ohio: $947
Unemployment vs National
2.5%
National: 3.7%
Ohio: 5.9%

Why Live in Oakwood, OH?

Oakwood offers a strong local economy with a median household income of $158,968, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 75.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.2%, better than the national average, and short commute times averaging just 21.2 minutes.

Oakwood has a population of 9,480 with a median age of 38.9 years. Compare Oakwood with other cities to see how it stacks up, or explore all cities in Ohio.

Similar Cities Near Oakwood

Cities in Ohio with a similar population size.

CityPopulationMedian IncomeHome Value
Madeira9,454$168,981$463,600Compare
Beckett Ridge9,451$120,179$297,300Compare
Girard9,521$42,861$105,700Compare
Louisville9,560$58,269$192,700Compare
North College Hill9,564$63,031$125,200Compare
Canal Winchester9,659$112,474$314,800Compare
Wapakoneta9,867$61,628$146,000Compare
East Liverpool9,869$37,262$78,100Compare

Demographics

38.9
Median Age
4,492
Male
4,988
Female
4.3%
Foreign Born

Racial & Ethnic Composition

White0.2Hispanic/Latino0.9Black0.2Asian0.4Two or More0.5

Economy & Education

2.5%
Unemployment Rate
3.2%
Poverty Rate
75.1%
Bachelor's Degree+
21.2 min
Avg Commute

Housing

3,746
Total Housing Units
2,774
Owner Occupied
708
Renter Occupied

Other Cities in Ohio

Oakwood Village Cuyahoga County OhioOakwood Village Paulding County OhioNew Haven Cdp Hamilton County OhioNew Haven Cdp Huron County OhioNewport Cdp Shelby County OhioNewport Cdp Washington County Ohio

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Oakwood With Other Cities

Oakwood vs Oakwood Village Cuyahoga County OhioOakwood vs Oakwood Village Paulding County OhioOakwood vs New Haven Cdp Hamilton County OhioOakwood vs New Haven Cdp Huron County Ohio

Frequently Asked Questions about Oakwood

What is the population of Oakwood, OH?

The population of Oakwood, OH is 9,480 according to the latest Census data.

What is the median household income in Oakwood?

The median household income in Oakwood, OH is $158,968 per year.

What is the median home value in Oakwood?

The median home value in Oakwood, OH is $350,100.

What is the average rent in Oakwood?

The median monthly rent in Oakwood, OH is $1,320.

What is the unemployment rate in Oakwood?

The unemployment rate in Oakwood, OH is 2.5%.

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