Oakwood, PA
Population 2,263 · Pennsylvania
About Oakwood, PA
Oakwood is a small community in Pennsylvania with a population of 2,263 residents. The median household income is $72,273 per year, which is above the national average. The median age in Oakwood is 45 years.
Housing in Oakwood has a median home value of $112,500 and median monthly rent of $1,261. Of the 964 total housing units, the majority are owner-occupied, with 829 owner-occupied and 55 renter-occupied units.
The unemployment rate in Oakwood is 5.1% and the poverty rate is 9.0%. 21.4% of residents hold a bachelor's degree or higher. The average commute time is 20.6 minutes.
Cost of Living in Oakwood, PA
Compared to national averages, Oakwood has a median household income of $72,273 (4% below the national median of $75,149). Home values average $112,500, which is 54% below the national median. Monthly rent at $1,261 is 8% above the US average of $1,163. Within Pennsylvania, Oakwood's income is 2% below the state average of $73,376, and home values are 41% below the state median of $190,903.
Why Live in Oakwood, PA?
Oakwood offers affordable housing with a median home value of $112,500, below the US average of $244,900, and a low poverty rate of 9.0%, better than the national average, and short commute times averaging just 20.6 minutes.
Potential considerations include median household income ($72,273) that falls below the national average. However, Oakwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakwood has a population of 2,263 with a median age of 45 years. Compare Oakwood with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Oakwood
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Melrose Park | 2,273 | $154,946 | $427,400 | Compare |
| Messiah College | 2,273 | $0 | $0 | Compare |
| McDonald | 2,277 | $56,369 | $152,400 | Compare |
| Trucksville | 2,284 | $61,750 | $202,400 | Compare |
| Sand Hill | 2,288 | $86,696 | $204,300 | Compare |
| Marcus Hook | 2,236 | $50,952 | $108,000 | Compare |
| New Wilmington | 2,291 | $57,159 | $204,300 | Compare |
| Spring Mount | 2,292 | $97,596 | $243,500 | 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.
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Frequently Asked Questions about Oakwood
What is the population of Oakwood, PA?
The population of Oakwood, PA is 2,263 according to the latest Census data.
What is the median household income in Oakwood?
The median household income in Oakwood, PA is $72,273 per year.
What is the median home value in Oakwood?
The median home value in Oakwood, PA is $112,500.
What is the average rent in Oakwood?
The median monthly rent in Oakwood, PA is $1,261.
What is the unemployment rate in Oakwood?
The unemployment rate in Oakwood, PA is 5.1%.