Oakmont, PA
Population 6,712 · Pennsylvania
About Oakmont, PA
Oakmont is a small town located in Pennsylvania with a population of 6,712 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,055 per year, which is 19% above the national median of $75,149. The median age of 45.1 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 Oakmont features a median home value of $317,700, which is 30% above the national median of $244,900. This positions Oakmont in a moderately priced market relative to the rest of the country. Median monthly rent is $1,125, 3% below the national average of $1,163/month. Of the 3,606 total housing units, 58% are owner-occupied (1,920 units) and 42% are renter-occupied (1,383 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Oakmont shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 3.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakmont have an average one-way commute time of 26.5 minutes.
Education & Demographics
57.0% of Oakmont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.1% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Oakmont, PA
Compared to national averages, Oakmont has a median household income of $89,055 (19% above the national median of $75,149). Home values average $317,700, which is 30% above the national median. Monthly rent at $1,125 is 3% below the US average of $1,163. Within Pennsylvania, Oakmont's income is 21% above the state average of $73,376, and home values are 66% above the state median of $190,903.
Why Live in Oakmont, PA?
Oakmont offers a strong local economy with a median household income of $89,055, well above the national average, and rent that’s lower than the national average at $1,125/month, and a well-educated community where 57.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average.
Oakmont has a population of 6,712 with a median age of 45.1 years. Compare Oakmont with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Oakmont
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Linglestown | 6,747 | $89,887 | $242,800 | Compare |
| Folcroft | 6,748 | $58,899 | $140,000 | Compare |
| Blakely | 6,661 | $59,858 | $183,600 | Compare |
| Chestnut Hill | 6,774 | $125,417 | $362,800 | Compare |
| Homeacre-Lyndora | 6,647 | $71,232 | $190,800 | Compare |
| Clifton Heights | 6,821 | $69,940 | $189,100 | Compare |
| Ambler | 6,822 | $80,795 | $360,200 | Compare |
| Monessen | 6,825 | $51,094 | $87,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakmont With Other Cities
Frequently Asked Questions about Oakmont
What is the population of Oakmont, PA?
The population of Oakmont, PA is 6,712 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Oakmont?
The median household income in Oakmont, PA is $89,055 per year, which is 19% above the national median of $75,149.
What is the median home value in Oakmont?
The median home value in Oakmont, PA is $317,700, which is 30% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakmont?
The median monthly rent in Oakmont, PA is $1,125, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Oakmont?
The unemployment rate in Oakmont, PA is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oakmont, PA a good place to live?
Oakmont offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,712 and a median age of 45.1, the city appeals to established professionals and retirees.
How educated is Oakmont, PA?
57.0% of residents in Oakmont aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oakmont?
Key cost-of-living indicators for Oakmont, PA: median home value is $317,700 (30% above national), median rent is $1,125/month, and median household income is $89,055. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Oakmont?
The poverty rate in Oakmont, PA is 3.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakmont, PA?
Oakmont's population is 0.1% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.7% two or more races. 1.0% of residents are foreign-born.