Oakley, Michigan Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Oakley, Michigan had a total population of 257, the 648th largest village in Michigan, with a median household income of $53,750, which is 26% lower than the state average. The poverty rate is 14.4%.
Key Takeaways
- Only 9.3% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.6x.
- Unemployment rate of 14.5% is notably above the national average.
Oakley Quick Facts
How Oakley Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 329 | 257 | No clear change (-21.9%) |
| Median household income | $53,459 | $53,750 | No clear change (+0.5%) |
| Median home value¹ | $75,812 | $84,000 | No clear change (+10.8%) |
| Median gross rent | $954 | $907 | No clear change (-4.9%) |
How Oakley Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 93.0%
- Black: 3.1%
- Hispanic: 0.8%
- Asian: 0.0%
- Other: 0.0%
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 7.1%
- HS Diploma: 35.7%
- Some College: 29.7%
- Associate's: 18.1%
- Bachelor's: 9.3%
- Graduate+: 0.0%
Oakley Rankings in Michigan
Explore Michigan Rankings
Other Cities in Saginaw County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Saginaw | 43,536 | $38,579 | 34.0% | $60,000 |
| Freeland | 7,557 | $110,547 | 5.5% | $265,900 |
| Shields | 7,402 | $82,125 | 13.1% | $174,500 |
| Bridgeport | 6,884 | $51,071 | 23.8% | $98,800 |
| Buena Vista | 5,798 | $41,999 | 20.4% | $62,000 |
| Frankenmuth | 5,157 | $85,433 | 4.9% | $300,500 |
| Chesaning | 2,484 | $59,777 | 13.9% | $136,700 |
| St. Charles | 1,934 | $50,000 | 15.3% | $118,500 |
| Zilwaukee | 1,609 | $57,756 | 15.2% | $95,300 |
| Hemlock | 1,529 | $102,188 | 8.4% | $221,800 |
Cities Similar to Oakley
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Copper City | 253 | $51,250 | $103,400 | 7.2% | 15.4% |
| Port Hope | 268 | $51,563 | $88,700 | 18.3% | 17.2% |
| Clifford | 277 | $54,444 | $112,500 | 3.7% | 11.2% |
| Copemish | 255 | $46,250 | $77,400 | 24.5% | 10.2% |
| Prescott | 270 | $57,885 | $68,800 | 3.6% | 17.4% |
A note before these figures: with a population of 257, Oakley's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Oakley is a small community located in Michigan, within Saginaw County. The total population is 257. It ranks as the 648th most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Oakley is 44.9 years. This is 12% higher than the state median of 40.2 years. 10.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Oakley is $53,750. This is 26% lower than the state median of $72,875. It is also 33% lower than the national median of $80,734. The poverty rate stands at 14.4%. This is 9% higher than the state poverty rate of 13.2%. The unemployment rate is 14.5%. This is 155% higher than the state rate of 5.7%. The median home value is $84,000. Housing costs are 64% lower than the state median of $231,600. With a home-value-to-income ratio of just 1.6x, Oakley is one of the most affordable housing markets in the area. 72.1% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 73.2%.
Race & Ethnicity
Oakley has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Black or African American residents account for 3.1%. The Black or African American population (3.1%) is well below the state average of 13.1%. The Hispanic or Latino population (0.8%) is well below the state average of 5.9%.
Education
9.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.
Data Sources & Methodology
All demographic data for Oakley, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. 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 Oakley, Michigan?
Oakley, Michigan has a population of 257 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oakley, MI?
The median household income in Oakley is $53,750, which is 33% lower than the national median of $80,734.
What is the poverty rate in Oakley, MI?
The poverty rate in Oakley is 14.4%. This means approximately 37 residents live below the federal poverty line.
What is the racial makeup of Oakley, Michigan?
Oakley's population is 93.0% White, 3.1% Black, 0.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Oakley, MI?
The median home value in Oakley is $84,000. The home-value-to-income ratio is 1.6x.
How educated is Oakley, Michigan?
9.3% of adults (25+) in Oakley hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.