Oakton, VA
Population 36,776 · Virginia
About Oakton, VA
Oakton is a mid-sized city located in Virginia with a population of 36,776 residents according to the latest US Census Bureau American Community Survey data. The median household income is $163,662 per year, which is 118% above the national median of $75,149. The median age of 40 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakton features a median home value of $776,700, which is 217% above the national median of $244,900. This places Oakton in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,333, 101% above the national average of $1,163/month. Of the 14,328 total housing units, 68% are owner-occupied (9,457 units) and 32% are renter-occupied (4,543 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakton shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakton have an average one-way commute time of 30.4 minutes.
Education & Demographics
74.7% of Oakton 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 1.3% White, 1.4% Hispanic or Latino, 1.3% Black or African American, and 8.0% Asian residents, with 31.5% of the population being foreign-born.
How Oakton Ranks in Virginia
Cost of Living in Oakton, VA
Compared to national averages, Oakton has a median household income of $163,662 (118% above the national median of $75,149). Home values average $776,700, which is 217% above the national median. Monthly rent at $2,333 is 101% above the US average of $1,163. Within Virginia, Oakton's income is 86% above the state average of $87,957, and home values are 137% above the state median of $327,514.
Why Live in Oakton, VA?
Oakton offers a strong local economy with a median household income of $163,662, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a well-educated community where 74.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $776,700. However, Oakton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakton has a population of 36,776 with a median age of 40 years. Compare Oakton with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Oakton
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fair Oaks | 35,472 | $119,387 | $580,500 | Compare |
| Mechanicsville | 38,437 | $97,569 | $323,600 | Compare |
| South Riding | 34,200 | $190,701 | $689,400 | Compare |
| Petersburg | 33,365 | $50,741 | $157,900 | Compare |
| Annandale | 41,982 | $112,872 | $650,100 | Compare |
| Linton Hall | 42,077 | $170,989 | $594,200 | Compare |
| Danville | 42,239 | $42,778 | $110,200 | Compare |
| Sterling | 31,251 | $125,753 | $508,400 | 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 Oakton With Other Cities
Frequently Asked Questions about Oakton
What is the population of Oakton, VA?
The population of Oakton, VA is 36,776 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Virginia.
What is the median household income in Oakton?
The median household income in Oakton, VA is $163,662 per year, which is 118% above the national median of $75,149.
What is the median home value in Oakton?
The median home value in Oakton, VA is $776,700, which is 217% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakton?
The median monthly rent in Oakton, VA is $2,333, which is 101% above the national average of $1,163/month.
What is the unemployment rate in Oakton?
The unemployment rate in Oakton, VA is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakton, VA a good place to live?
Oakton offers above-average incomes, a competitive housing market, and a strong job market. With a population of 36,776 and a median age of 40, the city appeals to a broad range of residents.
How educated is Oakton, VA?
74.7% of residents in Oakton 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 Oakton?
Key cost-of-living indicators for Oakton, VA: median home value is $776,700 (217% above national), median rent is $2,333/month, and median household income is $163,662. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Oakton?
The poverty rate in Oakton, VA is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakton, VA?
Oakton's population is 1.3% White, 1.4% Hispanic or Latino, 1.3% Black or African American, 8.0% Asian, and 6.7% two or more races. 31.5% of residents are foreign-born.