Oakland, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Oakland, New Jersey had a total population of 12,768, the 108th largest borough in New Jersey, with a median household income of $162,019, which is 56% higher than the state average. The poverty rate is 3.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 56% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 3.1% — among the lowest in New Jersey.
Oakland Quick Facts
How Oakland Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 12,700 | 12,768 | +0.5% |
| Median household income | $162,862 | $162,019 | -0.5% |
| Median home value | $567,200 | $591,300 | +4.2% |
How Oakland Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Oakland Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Bergen County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hackensack | 46,057 | $84,277 | 12.1% | $393,700 |
| Fort Lee | 40,067 | $107,274 | 7.8% | $448,000 |
| Fair Lawn | 35,610 | $144,574 | 6.1% | $564,700 |
| Garfield | 32,783 | $79,700 | 13.4% | $475,500 |
| Englewood | 29,638 | $102,571 | 9.2% | $544,100 |
| Bergenfield | 28,450 | $130,045 | 7.1% | $491,500 |
| Paramus | 26,568 | $144,349 | 4.7% | $813,900 |
| Ridgewood | 26,308 | $208,211 | 4.2% | $891,200 |
| Lodi | 26,082 | $89,305 | 15.4% | $475,000 |
| Cliffside Park | 25,781 | $93,452 | 10.8% | $588,200 |
Cities Similar to Oakland
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| River Edge | 12,091 | $159,028 | $660,300 | 66.8% | 4.3% |
| Florham Park | 13,564 | $158,696 | $791,400 | 69.9% | 8.7% |
| New Providence | 13,727 | $161,599 | $769,900 | 67.6% | 2.1% |
| Haddonfield | 12,595 | $200,400 | $755,300 | 79.0% | 3.1% |
| Ringwood | 11,657 | $152,414 | $449,800 | 52.5% | 2.5% |
Population Overview
Oakland is a small city located in New Jersey, within Bergen County. The total population is 12,768. It ranks as the 108th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Oakland is 40.7 years. This is 1% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Oakland is $162,019. This is 56% higher than the state median of $103,556. It is also 101% higher than the national median of $80,734. The poverty rate stands at 3.1%. This is 69% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.4%. This is 14% lower than the state rate of 6.3%. The median home value is $591,300. Housing costs are 30% higher than the state median of $454,400. The home-value-to-income ratio is 3.6x. 92.9% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Oakland is White (non-Hispanic), making up 77.6% of the population. Hispanic or Latino residents account for 11.6%. The White (non-Hispanic) population is significantly higher than the state average (77.6% vs 50.9%). The Black or African American population (2.6%) is well below the state average of 12.2%. The Asian population (4.5%) is well below the state average of 10.1%.
Education
56.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%. Notably, 23.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Oakland, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. 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 Oakland, New Jersey?
Oakland, New Jersey has a population of 12,768 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oakland, NJ?
The median household income in Oakland is $162,019, which is 101% higher than the national median of $80,734.
What is the poverty rate in Oakland, NJ?
The poverty rate in Oakland is 3.1%. This means approximately 384 residents live below the federal poverty line.
What is the racial makeup of Oakland, New Jersey?
Oakland's population is 77.6% White, 2.6% Black, 11.6% Hispanic/Latino, and 4.5% Asian.
What is the median home value in Oakland, NJ?
The median home value in Oakland is $591,300. The home-value-to-income ratio is 3.6x.
How educated is Oakland, New Jersey?
56.8% of adults (25+) in Oakland hold a bachelor's degree or higher, and 23.1% hold a graduate or professional degree.