Oakwood, OH
Population 9,480 · Ohio
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
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.
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.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Madeira | 9,454 | $168,981 | $463,600 | Compare |
| Beckett Ridge | 9,451 | $120,179 | $297,300 | Compare |
| Girard | 9,521 | $42,861 | $105,700 | Compare |
| Louisville | 9,560 | $58,269 | $192,700 | Compare |
| North College Hill | 9,564 | $63,031 | $125,200 | Compare |
| Canal Winchester | 9,659 | $112,474 | $314,800 | Compare |
| Wapakoneta | 9,867 | $61,628 | $146,000 | Compare |
| East Liverpool | 9,869 | $37,262 | $78,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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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%.