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Oakville, Connecticut Demographics & Population 2026

During the 2020–2024 ACS period, Oakville, Connecticut had a total population of 9,276, the 39th largest community in Connecticut, with a median household income of $95,515, which is about the same as the state average. The poverty rate is 2.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Oakville Quick Facts

Population 9,276
Median Household Income $95,515
Median Home Value $280,500
Poverty Rate 2.4%
Unemployment Rate 2.2%
Median Age 46.0 years
Homeownership Rate 75.4%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 30.8%
High School Graduation Rate 91.9%
Diversity Index 33/100
Population 9,276 39th of 214
Median Income $95,515 average
Poverty Rate 2.4% 81% lower than national
Median Home Value $280,500 bottom 30%

How Oakville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9,2339,276+0.5%
Median household income$89,330$95,515+6.9%
Median home value$253,500$280,500+10.7%

How Oakville Compares

Economy & Housing

Household Income Distribution

Under $25K 9.9%
$25K-$50K 15.3%
$50K-$100K 29.0%
$100K+ 45.7%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
0.0%
$15K-$20K
2.4%
$20K-$25K
5.2%
$25K-$30K
2.1%
$30K-$35K
1.7%
$35K-$40K
4.2%
$40K-$45K
3.1%
$45K-$50K
4.3%
$50K-$60K
5.9%
$60K-$75K
7.7%
$75K-$100K
15.4%
$100K-$125K
8.2%
$125K-$150K
12.2%
$150K-$200K
13.6%
$200K+
11.8%

Employment

2.2% Unemployment Rate State: 5.6%|National: 5.2%
73.3% Labor Force Participation

Housing Overview

Owner 75.4%
Renter 24.6%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $1,414/mo 17.8% of median household income annually

People & Demographics

Diversity Index

33out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 57 | National average: 61

Education

Oakville Rankings in Connecticut

#39 Population of 214
#123 Median Income of 204
#164 Education of 214
#159 Home Value of 205

Cities Similar to Oakville

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Groton9,490$79,577$306,60038.8%18.6%
Kensington9,962$109,447$330,40040.6%3.2%
Conning Towers-Nautilus Park8,460$81,694$290,10030.3%7.1%
New Milford8,188$83,235$331,90034.7%8.3%
Southwood Acres8,115$110,286$267,90037.9%3.3%

Population Overview

Oakville is a small city located in Connecticut. The total population is 9,276. It ranks as the 39th most populous out of 214 Census-designated places in Connecticut.

Age Demographics

The median age in Oakville is 46.0 years. This is 12% higher than the state median of 41.1 years.

Economy, Income & Housing

The median household income in Oakville is $95,515. This is about the same as the state median of $95,781. It is also 18% higher than the national median of $80,734. The poverty rate stands at 2.4%. This is 76% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.2%. This is 61% lower than the state rate of 5.6%. The median home value is $280,500. Housing costs are 24% lower than the state median of $366,900. With a home-value-to-income ratio of just 2.9x, Oakville is one of the most affordable housing markets in the area. 75.4% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Oakville is White (non-Hispanic), making up 80.7% of the population. Hispanic or Latino residents account for 14.3%. The Black or African American population (1.4%) is well below the state average of 9.8%. The Asian population (1.3%) is well below the state average of 4.8%.

Education

30.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 42.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.

Data Sources & Methodology

All demographic data for Oakville, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 214 Census-designated places in Connecticut. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Oakville, Connecticut?

Oakville, Connecticut has a population of 9,276 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oakville, CT?

The median household income in Oakville is $95,515, which is 18% higher than the national median of $80,734.

What is the poverty rate in Oakville, CT?

The poverty rate in Oakville is 2.4%. This means approximately 218 residents live below the federal poverty line.

What is the racial makeup of Oakville, Connecticut?

Oakville's population is 80.7% White, 1.4% Black, 14.3% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Oakville, CT?

The median home value in Oakville is $280,500. The home-value-to-income ratio is 2.9x.

How educated is Oakville, Connecticut?

30.8% of adults (25+) in Oakville hold a bachelor's degree or higher, and 12.7% hold a graduate or professional degree.