Oakfield, WI
Population 1,219 · Wisconsin
About Oakfield, WI
Oakfield is a small town located in Wisconsin with a population of 1,219 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,417 per year, which is 34% above the national median of $75,149. The median age of 41.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oakfield features a median home value of $229,700, which is 6% below the national median of $244,900. This positions Oakfield in a moderately priced market relative to the rest of the country. Median monthly rent is $916, 21% below the national average of $1,163/month. Of the 525 total housing units, 80% are owner-occupied (412 units) and 20% are renter-occupied (104 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oakfield shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oakfield have an average one-way commute time of 21.9 minutes.
Education & Demographics
26.8% of Oakfield 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 2.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Oakfield, WI
Compared to national averages, Oakfield has a median household income of $100,417 (34% above the national median of $75,149). Home values average $229,700, which is 6% below the national median. Monthly rent at $916 is 21% below the US average of $1,163. Within Wisconsin, Oakfield's income is 38% above the state average of $72,579, and home values are 12% above the state median of $205,802.
Why Live in Oakfield, WI?
Oakfield offers a strong local economy with a median household income of $100,417, well above the national average, and affordable housing with a median home value of $229,700, below the US average of $244,900, and rent that’s lower than the national average at $916/month. Additionally, the city features a strong job market with an unemployment rate of just 1.0%, and a low poverty rate of 6.5%, better than the national average, and short commute times averaging just 21.9 minutes.
Oakfield has a population of 1,219 with a median age of 41.9 years. Compare Oakfield with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Oakfield
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Glenwood City | 1,218 | $70,833 | $159,900 | Compare |
| Iola | 1,230 | $49,688 | $150,200 | Compare |
| Lyons | 1,206 | $94,483 | $284,300 | Compare |
| Little Round Lake | 1,233 | $35,380 | $82,900 | Compare |
| Boyceville | 1,200 | $55,972 | $158,200 | Compare |
| Lake Camelot | 1,197 | $96,023 | $309,200 | Compare |
| Cashton | 1,243 | $68,594 | $145,400 | Compare |
| Reedsville | 1,195 | $75,417 | $150,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oakfield With Other Cities
Frequently Asked Questions about Oakfield
What is the population of Oakfield, WI?
The population of Oakfield, WI is 1,219 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wisconsin.
What is the median household income in Oakfield?
The median household income in Oakfield, WI is $100,417 per year, which is 34% above the national median of $75,149.
What is the median home value in Oakfield?
The median home value in Oakfield, WI is $229,700, which is 6% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oakfield?
The median monthly rent in Oakfield, WI is $916, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Oakfield?
The unemployment rate in Oakfield, WI is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oakfield, WI a good place to live?
Oakfield offers above-average incomes, affordable housing, and a strong job market. With a population of 1,219 and a median age of 41.9, the city appeals to a broad range of residents.
How educated is Oakfield, WI?
26.8% of residents in Oakfield 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 Oakfield?
Key cost-of-living indicators for Oakfield, WI: median home value is $229,700 (6% below national), median rent is $916/month, and median household income is $100,417. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oakfield?
The poverty rate in Oakfield, WI is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oakfield, WI?
Oakfield's population is 2.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.2% two or more races. 2.4% of residents are foreign-born.