Oaktown, IN demographics:
population, income, and more

Total population
860
18.8% year-over-year change
Median household income
$38,333/yr
26.0% year-over-year change
Housing units
413
11.0% year-over-year change

Oaktown population

How many people live in Oaktown

Oaktown is home to 860 residents, according to the most recent Census data. Gender-wise, 48% of Oaktown locals are male, and 52% are female.

Total population
860
18.8% year-over-year change
Gender ratio
Male
48%
413
Female
52%
447
Value Percent YoY change
Male 413 48% 17.7%
Female 447 52% 19.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Oaktown is 49, with the population distributed as follows: about 13% are children under 15, then 11.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 15.6% of the population, while another 37% fall into the 45 to 64 bracket. Finally, around 23% are 65 or older.

Median age
48.7
Age breakdown
Under 15
13%
15 to 24
11.4%
25 to 44
15.6%
45 to 64
37%
Over 65
23%
Value Percent YoY change
Under 15 112 13% 30.2%
15 to 24 98 11.4% 46.3%
25 to 44 134 15.6% 19.6%
45 to 64 318 37% 6.7%
Over 65 198 23% 23.0%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 2.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 860 100% 18.8%
Racial breakdown
White
96.9%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.4%
Other
0.7%
Value Percent
White 833 96.9%
Two or more races 21 2.4%
Other 6 0.7%

Households in Oaktown

A peek inside Oaktown households

Oaktown has 388 households, with an average of 2 members in each. Of these, 63.4% are families, while the remaining 36.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
388
20.1% year-over-year change
Average people per household
2
Non-family households
142
Family households
246
Value Percent YoY change
Non-family households 142 36.6% 29.1%
Family households 246 63.4% 15.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Oaktown

The housing landscape of Oaktown

Oaktown's housing consists of 413 units, with 55.4% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 17.9% of the housing landscape.

Housing units
413
11.0% year-over-year change
Housing types
Value Percent
1 unit, detached 229 55.4%
2 units 17 4.1%
3 or 4 units 64 15.5%
5 to 9 units 26 6.3%
20 to 49 units 3 0.7%
Mobile home 74 17.9%
Homes built since 2020
7
75.0% year-over-year change

The age of buildings in Oaktown

In Oaktown, the median construction year is 1973. About 31.2% of homes were built before the 1940s, with another 3.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 17.4% of homes were added from 2000 to 2009, 0.5% between 2010 and 2019, and 1.7% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 129 31.2% 5.7%
Built between 1940 and 1949 14 3.4% 40.0%
Built between 1950 and 1959 47 11.4% 14.6%
Built between 1960 and 1969 11 2.7% -31.2%
Built between 1970 and 1979 22 5.3% 100.0%
Built between 1980 and 1989 15 3.6% -34.8%
Built between 1990 and 1999 94 22.8% 17.5%
Built between 2000 and 2009 72 17.4% 10.8%
Built between 2010 and 2019 2 0.5% N/A
Built in 2020 or later 7 1.7% 75.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Oaktown occupancy rates

Out of the 388 occupied housing units in Oaktown, 59.3% are owner-occupied, while 40.7% are lived in by tenants. Meanwhile, 6.1% of all homes on the local market sit vacant.

Occupied housing units
388
20.1% year-over-year change
Occupancy breakdown
Renter occupied
158
Owner occupied
230
Value Percent YoY
change
Renter occupied 158 40.7% 28.5%
Owner occupied 230 59.3% 15.0%
Unoccupied housing units
6.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Oaktown housing costs

Housing costs in Oaktown come to a median of $625 per month, while tenants specifically pay a median gross rent of $697.

Median housing costs per month
$625/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Oaktown
$697/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Oaktown

Oaktown education at a glance

About 64.9% of the population in Oaktown went to high school, while 24.2% pursued college studies. Another 5.6% earned an associate degree and 2.9% hold a bachelor’s. Meanwhile, 1.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 8 1.1% 33.3%
High school diploma 466 64.9% 15.9%
College diploma 174 24.2% 13.7%
Associate degree 40 5.6% -16.7%
Bachelor's degree 21 2.9% 61.5%
Graduate degree 9 1.2% 80.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Oaktown

How much people earn in Oaktown

The average annual household income in Oaktown was $53,218 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -3.2% change from the previous year. At the same time, the median income stood at $38,333, reflecting a +26% shift over the same period.

Average household income in Oaktown
$53,218/year
-3.1% year-over-year change
Median household income in Oaktown
$38,333/year
26.0% year-over-year change

Oaktown income by age

In Oaktown, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $51,875. Overall, 96.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $51,875 -5.0%
Over 65 $30,994 8.1%
Above poverty level
792
Below poverty level
30
Value Percent YoY
change
Above poverty level 792 96.4% 21.7%
Below poverty level 30 3.6% -16.7%

Average renter income in Oaktown

To get a better sense of what renters earn on average in Oaktown, their median household income was $28,256 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 29.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$28,256
Rent-to-income ratio
29.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Oaktown

Workforce and job types in Oaktown

The job market in Oaktown is powered by 357 working residents, spread across a range of industries and roles. 64.7% of the working population are employed in professional or administrative positions, while 35.3% are in hands-on or service-based jobs. Also, 8.1% run their own businesses, 74.8% are employed by private companies, and 9.2% work in the public sector.

Workforce demographics

Working population
357
15.9% year-over-year change
White collar
231
Blue collar
126
Value Percent YoY change
White collar 231 64.7% 16.1%
Blue collar 126 35.3% 15.6%
Employer type
Self employees
8.1%
Private companies
74.8%
Governmental workers
9.2%
Not for profit companies
7.8%
Value Percent YoY change
Self employees 29 8.1% -14.7%
Private companies 267 74.8% 15.6%
Governmental workers 33 9.2% 3.1%
Not for profit companies 28 7.8% 154.6%
Unemployment rate
1.6%
0.0% year-over-year change

Available workforce

The unemployment rate in Oaktown stands at 1.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Oaktown

How people get around in Oaktown

Commuting methods vary: 97.2% of residents travel by personal vehicle and 1.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 344 97.2% 16.6%
Walk 4 1.1% -20.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Oaktown by zipcode?

Zipcode Population Number of households Median income Average income
47561 1,442 673 $45,911 $64,725

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FAQs about Oaktown demographics 

What is the total population of Oaktown?

Oaktown has a total population of 860 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +18.8% compared to a year ago.

What is the gender ratio in Oaktown?

The gender ratio in Oaktown is as follows:
  • 48% males (413 residents)
  • 52% females (447 residents)

What is the median age in Oaktown?

The median age in Oaktown is 48.7.

What is the age distribution of the population in Oaktown?

The age distribution in Oaktown is as follows:
  • Under 15: 13% (112 residents)
  • Ages 15-24: 11.4% (98 residents)
  • Ages 25-44: 15.6% (134 residents)
  • Ages 45-64: 37% (318 residents)
  • Over 65: 23% (198 residents)

What is the racial and ethnic makeup of Oaktown?

The racial and ethnic makeup of Oaktown is as follows:
  • White: 96.9% (833 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.4% (21 residents)
  • Other: 0.7% (6 residents)

What percentage of the population in Oaktown are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Oaktown.

How many housing units are there in Oaktown?

There are 413 housing units in Oaktown, reflecting a +11.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Oaktown and what is the average household size?

Oaktown has a total of 388 households, with an average of 2 people in each.

What is the median household income in Oaktown?

Oaktown has a median household income of $38,333, representing a +26.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Oaktown?

The employment rate is 98.4% in Oaktown, with a workforce of 357 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 64.7% (231 residents)
  • Blue-collar workers: 35.3% (126 residents)

Places of employment:
  • Self-employed: 8.1% (29 residents)
  • Private companies: 74.8% (267 residents)
  • Governmental workers: 9.2% (33 residents)
  • Not-for-profit companies: 7.8% (28 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025