Oak Grove, VA
Population 2,452 · Virginia
About Oak Grove, VA
Oak Grove is a small town located in Virginia with a population of 2,452 residents according to the latest US Census Bureau American Community Survey data. The median household income is $193,526 per year, which is 158% above the national median of $75,149. The median age of 33 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 Oak Grove features a median home value of $598,800, which is 145% above the national median of $244,900. This places Oak Grove in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,574, 121% above the national average of $1,163/month. Of the 752 total housing units, 57% are owner-occupied (425 units) and 43% are renter-occupied (327 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Oak Grove shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oak Grove have an average one-way commute time of 36.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
72.2% of Oak Grove 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 2.3% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 9.6% Asian residents, with 30.4% of the population being foreign-born.
How Oak Grove Ranks in Virginia
Cost of Living in Oak Grove, VA
Compared to national averages, Oak Grove has a median household income of $193,526 (158% above the national median of $75,149). Home values average $598,800, which is 145% above the national median. Monthly rent at $2,574 is 121% above the US average of $1,163. Within Virginia, Oak Grove's income is 120% above the state average of $87,957, and home values are 83% above the state median of $327,514.
Why Live in Oak Grove, VA?
Oak Grove offers a strong local economy with a median household income of $193,526, well above the national average, and a strong job market with an unemployment rate of just 1.7%, and a well-educated community where 72.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $598,800. However, Oak Grove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak Grove has a population of 2,452 with a median age of 33 years. Compare Oak Grove with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Oak Grove
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Matoaca | 2,448 | $57,445 | $205,100 | Compare |
| Woodlawn CDP (Carroll County), Virginia | 2,461 | $89,375 | $144,700 | Compare |
| Chilhowie | 2,462 | $53,250 | $158,600 | Compare |
| Piney Mountain | 2,478 | $129,120 | $284,000 | Compare |
| Goose Creek Village | 2,519 | $209,042 | $588,100 | Compare |
| Chase City | 2,530 | $51,840 | $115,400 | Compare |
| Fairlawn | 2,555 | $67,549 | $257,000 | Compare |
| Ravensworth | 2,566 | $163,281 | $668,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oak Grove With Other Cities
Frequently Asked Questions about Oak Grove
What is the population of Oak Grove, VA?
The population of Oak Grove, VA is 2,452 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Oak Grove?
The median household income in Oak Grove, VA is $193,526 per year, which is 158% above the national median of $75,149.
What is the median home value in Oak Grove?
The median home value in Oak Grove, VA is $598,800, which is 145% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Grove?
The median monthly rent in Oak Grove, VA is $2,574, which is 121% above the national average of $1,163/month.
What is the unemployment rate in Oak Grove?
The unemployment rate in Oak Grove, VA is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oak Grove, VA a good place to live?
Oak Grove offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,452 and a median age of 33, the city appeals to young professionals and families.
How educated is Oak Grove, VA?
72.2% of residents in Oak Grove 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 Oak Grove?
Key cost-of-living indicators for Oak Grove, VA: median home value is $598,800 (145% above national), median rent is $2,574/month, and median household income is $193,526. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oak Grove?
The poverty rate in Oak Grove, VA is 0.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oak Grove, VA?
Oak Grove's population is 2.3% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 9.6% Asian, and 10.7% two or more races. 30.4% of residents are foreign-born.