Oakwood

Population: 9,480
Median household income: $158,968
Median home value: $350,100

Oakwood is a community in Montgomery County, Ohio, home to 9,480 residents. Its median household income of $158,968 runs above the Montgomery County figure of $64,403.

From 2019 to 2023, Oakwood's population grew 5.5% from 8,982 to 9,480, while its median home value rose 41.2% from $248,000 to $350,100.

74.9% of workers drive to work alone. 81.4% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 9,480
Median age: 38.9 yrs
Median household income: $158,968
Median home value: $350,100
Median gross rent: $1,320
Housing units: 3,746
Homeownership rate: 79.7%
Bachelor's degree or higher: 75.1%
Unemployment rate: 2.5%

Trends

ACS 5-year · 2019–2023

Population

8,9829,480

Median household income

$112,917$158,968

Median home value

$248,000$350,100

Median gross rent

$1,173$1,320

Year	Population	Median household income	Median home value	Median gross rent
2019	8,982	$112,917	$248,000	$1,173
2020	8,958	$121,250	$261,100	$1,288
2021	9,470	$126,713	$266,400	$1,522
2022	9,496	$132,722	$313,300	$1,330
2023	9,480	$158,968	$350,100	$1,320

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1725.4%

18 to 244.2%

25 to 3410.5%

35 to 4413.5%

45 to 5418.0%

55 to 6410.8%

65 to 748.2%

75 and over3.9%

	Count	Share
Under 5	525	5.5%
5 to 17	2,409	25.4%
18 to 24	394	4.2%
25 to 34	1,000	10.5%
35 to 44	1,279	13.5%
45 to 54	1,705	18.0%
55 to 64	1,025	10.8%
65 to 74	773	8.2%
75 and over	370	3.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	8,604	90.8%
Black or African American	50	0.5%
American Indian & Alaska Native	0	0.0%
Asian	266	2.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	56	0.6%
Two or more races	400	4.2%
Hispanic or Latino (any race)	104	1.1%

Educational attainment (age 25+)

No high school diploma1.7%

High school graduate5.7%

Some college or associate's17.5%

Bachelor's degree31.6%

Graduate or professional degree43.5%

	Count	Share
No high school diploma	103	1.7%
High school graduate	353	5.7%
Some college or associate's	1,076	17.5%
Bachelor's degree	1,943	31.6%
Graduate or professional degree	2,677	43.5%

Commute to work

Mean travel time to work: 21 min

Drove alone74.9%

Carpooled4.9%

Public transit0.0%

Walked2.3%

Bicycle1.3%

Worked from home15.8%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	3,735	74.9%
Carpooled	242	4.9%
Public transit	0	0.0%
Walked	116	2.3%
Bicycle	67	1.3%
Worked from home	789	15.8%
Other means	38	0.8%

Travel time

	Count	Share
Under 15 min	1,338	31.9%
15 to 29 min	2,119	50.5%
30 to 44 min	332	7.9%
45 to 59 min	132	3.1%
60+ min	277	6.6%

Households

Average household size: 2.72
Poverty rate: 3.2% (296 of 9,361)

	Count	Share
Family households	2,655	76.2%
Nonfamily households	827	23.8%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	3,482	93.0%
Vacant	264	7.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,774	79.7%
Renter-occupied	708	20.3%

1-unit, detached81.4%

1-unit, attached3.5%

2 to 4 units12.7%

5 to 19 units0.0%

20 or more units2.4%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	3,050	81.4%
1-unit, attached	130	3.5%
2 to 4 units	477	12.7%
5 to 19 units	0	0.0%
20 or more units	89	2.4%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3957764
Type (LSAD): 25
Land area: 2.19 sq mi
Water area: 0 sq mi
Center point: 39.7202, -84.1733