Oakwood village (Cuyahoga County), Ohio, OH
Population 3,526 · Ohio
About Oakwood village (Cuyahoga County), Ohio, OH
Oakwood village (Cuyahoga County), Ohio is a small town located in Ohio with a population of 3,526 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,038 per year, which is 13% below the national median of $75,149. The median age of 45.8 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 Oakwood village (Cuyahoga County), Ohio features a median home value of $172,600, which is 30% below the national median of $244,900. This positions Oakwood village (Cuyahoga County), Ohio in a moderately priced market relative to the rest of the country. Median monthly rent is $975, 16% below the national average of $1,163/month. Of the 1,357 total housing units, 71% are owner-occupied (926 units) and 29% are renter-occupied (387 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakwood village (Cuyahoga County), Ohio shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 23.7%, above the national average of 12.4%. Workers in Oakwood village (Cuyahoga County), Ohio have an average one-way commute time of 19.8 minutes, one of the shorter commutes in the region.
Education & Demographics
18.0% of Oakwood village (Cuyahoga County), Ohio 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 0.4% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Oakwood village (Cuyahoga County), Ohio, OH
Compared to national averages, Oakwood village (Cuyahoga County), Ohio has a median household income of $65,038 (13% below the national median of $75,149). Home values average $172,600, which is 30% below the national median. Monthly rent at $975 is 16% below the US average of $1,163. Within Ohio, Oakwood village (Cuyahoga County), Ohio's income is 9% below the state average of $71,814, and home values are 1% below the state median of $174,449.
Why Live in Oakwood village (Cuyahoga County), Ohio, OH?
Oakwood village (Cuyahoga County), Ohio offers affordable housing with a median home value of $172,600, below the US average of $244,900, and rent that’s lower than the national average at $975/month, and short commute times averaging just 19.8 minutes.
Potential considerations include median household income ($65,038) that falls below the national average. However, Oakwood village (Cuyahoga County), Ohio’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakwood village (Cuyahoga County), Ohio has a population of 3,526 with a median age of 45.8 years. Compare Oakwood village (Cuyahoga County), Ohio with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Oakwood village (Cuyahoga County), Ohio
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Northfield | 3,525 | $69,444 | $168,300 | Compare |
| Paulding | 3,513 | $56,308 | $108,400 | Compare |
| Carey | 3,544 | $68,056 | $123,300 | Compare |
| Mount Healthy Heights | 3,547 | $65,714 | $145,200 | Compare |
| Lockland | 3,493 | $49,174 | $101,200 | Compare |
| Mariemont | 3,477 | $153,507 | $584,400 | Compare |
| Newcomerstown | 3,585 | $35,125 | $89,700 | Compare |
| Shadyside | 3,458 | $55,081 | $125,100 | 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.
Compare Oakwood village (Cuyahoga County), Ohio With Other Cities
Frequently Asked Questions about Oakwood village (Cuyahoga County), Ohio
What is the population of Oakwood village (Cuyahoga County), Ohio, OH?
The population of Oakwood village (Cuyahoga County), Ohio, OH is 3,526 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Oakwood village (Cuyahoga County), Ohio?
The median household income in Oakwood village (Cuyahoga County), Ohio, OH is $65,038 per year, which is 13% below the national median of $75,149.
What is the median home value in Oakwood village (Cuyahoga County), Ohio?
The median home value in Oakwood village (Cuyahoga County), Ohio, OH is $172,600, which is 30% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakwood village (Cuyahoga County), Ohio?
The median monthly rent in Oakwood village (Cuyahoga County), Ohio, OH is $975, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Oakwood village (Cuyahoga County), Ohio?
The unemployment rate in Oakwood village (Cuyahoga County), Ohio, OH is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakwood village (Cuyahoga County), Ohio, OH a good place to live?
Oakwood village (Cuyahoga County), Ohio offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,526 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Oakwood village (Cuyahoga County), Ohio, OH?
18.0% of residents in Oakwood village (Cuyahoga County), Ohio 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 Oakwood village (Cuyahoga County), Ohio?
Key cost-of-living indicators for Oakwood village (Cuyahoga County), Ohio, OH: median home value is $172,600 (30% below national), median rent is $975/month, and median household income is $65,038. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakwood village (Cuyahoga County), Ohio?
The poverty rate in Oakwood village (Cuyahoga County), Ohio, OH is 23.7%, 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 Oakwood village (Cuyahoga County), Ohio, OH?
Oakwood village (Cuyahoga County), Ohio's population is 0.4% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 46.7% two or more races. 3.3% of residents are foreign-born.