Oakley, UT
Population 1,812 · Utah
About Oakley, UT
Oakley is a small town located in Utah with a population of 1,812 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,143 per year, which is 36% above the national median of $75,149. The median age of 32 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Oakley features a median home value of $631,200, which is 158% above the national median of $244,900. This places Oakley in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,425, 109% above the national average of $1,163/month. Of the 615 total housing units, 90% are owner-occupied (416 units) and 10% are renter-occupied (44 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakley shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakley have an average one-way commute time of 26.1 minutes.
Education & Demographics
33.3% of Oakley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 5.5% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Oakley, UT
Compared to national averages, Oakley has a median household income of $102,143 (36% above the national median of $75,149). Home values average $631,200, which is 158% above the national median. Monthly rent at $2,425 is 109% above the US average of $1,163. Within Utah, Oakley's income is 15% above the state average of $88,715, and home values are 48% above the state median of $426,386.
Why Live in Oakley, UT?
Oakley offers a strong local economy with a median household income of $102,143, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a low poverty rate of 6.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $631,200. However, Oakley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakley has a population of 1,812 with a median age of 32 years. Compare Oakley with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Oakley
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Millville | 1,820 | $90,417 | $407,000 | Compare |
| Francis | 1,797 | $113,500 | $700,900 | Compare |
| Genola | 1,766 | $137,661 | $601,000 | Compare |
| Benson | 1,864 | $82,019 | $281,400 | Compare |
| Panguitch | 1,871 | $75,283 | $249,300 | Compare |
| Duchesne | 1,744 | $78,854 | $216,700 | Compare |
| Marriott-Slaterville | 1,885 | $89,602 | $495,700 | Compare |
| Coalville | 1,915 | $85,921 | $455,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakley With Other Cities
Frequently Asked Questions about Oakley
What is the population of Oakley, UT?
The population of Oakley, UT is 1,812 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Utah.
What is the median household income in Oakley?
The median household income in Oakley, UT is $102,143 per year, which is 36% above the national median of $75,149.
What is the median home value in Oakley?
The median home value in Oakley, UT is $631,200, which is 158% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakley?
The median monthly rent in Oakley, UT is $2,425, which is 109% above the national average of $1,163/month.
What is the unemployment rate in Oakley?
The unemployment rate in Oakley, UT is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakley, UT a good place to live?
Oakley offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,812 and a median age of 32, the city appeals to young professionals and families.
How educated is Oakley, UT?
33.3% of residents in Oakley 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 Oakley?
Key cost-of-living indicators for Oakley, UT: median home value is $631,200 (158% above national), median rent is $2,425/month, and median household income is $102,143. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Oakley?
The poverty rate in Oakley, UT is 6.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakley, UT?
Oakley's population is 1.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 5.5% Asian, and 0.0% two or more races. 3.2% of residents are foreign-born.