Oakland borough, New Jersey Demographics & Population 2026
As of 2026, Oakland borough, New Jersey has a total population of 12,700, the 108th largest city in New Jersey, with a median household income of $162,862, which is 61% higher than the state average. The poverty rate is 3.2%.
Key Takeaways
- Household income is 61% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 3.2% — among the lowest in New Jersey.
Oakland borough Quick Facts
How Oakland borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Oakland borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Bergen County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hackensack city | 45,768 | $82,212 | 11.3% | $370,300 |
| Fort Lee borough | 39,818 | $105,535 | 8.4% | $422,200 |
| Fair Lawn borough | 35,153 | $147,952 | 6.1% | $532,700 |
| Garfield city | 32,502 | $75,701 | 14.2% | $454,300 |
| Englewood city | 29,342 | $101,398 | 9.8% | $497,500 |
| Bergenfield borough | 28,269 | $124,083 | 6.1% | $469,200 |
| Paramus borough | 26,500 | $139,707 | 5.5% | $736,000 |
| Ridgewood village | 26,076 | $217,250 | 3.7% | $882,700 |
| Lodi borough | 25,946 | $84,570 | 16.0% | $449,200 |
| Cliffside Park borough | 25,580 | $94,960 | 11.3% | $577,200 |
Cities Similar to Oakland borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| New Providence borough | 13,577 | $162,877 | $734,300 | 66.6% | 2.1% |
| River Edge borough | 12,024 | $155,827 | $637,500 | 70.8% | 3.2% |
| Florham Park borough | 13,134 | $147,714 | $722,700 | 66.3% | 7.8% |
| Haddonfield borough | 12,502 | $190,882 | $708,800 | 78.5% | 2.6% |
| Westwood borough | 11,221 | $169,026 | $587,700 | 55.8% | 4.3% |
Population Overview
Oakland borough is a small city located in New Jersey, within Bergen County. The total population is 12,700. It ranks as the 108th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Oakland borough is 41.9 years. This is 4% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Oakland borough is $162,862. This is 61% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 107% higher. The poverty rate stands at 3.2%. This is 67% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.9%. This is 20% lower than the state rate of 6.2%. The median home value is $567,200. Housing costs are 33% higher than the state median of $427,600. The home-value-to-income ratio is 3.5x. 91.8% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Oakland borough is White (non-Hispanic), making up 80.2% of the population. Hispanic or Latino residents account for 11.9%. The White (non-Hispanic) population is significantly higher than the state average (80.2% vs 51.9%). The Black or African American population (1.3%) is well below the state average of 12.3%. The Asian population (3.4%) is well below the state average of 9.8%.
Education
54.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%. Notably, 21.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Oakland borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Oakland borough, New Jersey?
Oakland borough, New Jersey has a population of 12,700 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oakland borough, NJ?
The median household income in Oakland borough is $162,862, which is 107% higher the national median of $78,538.
What is the poverty rate in Oakland borough, NJ?
The poverty rate in Oakland borough is 3.2%. This means approximately 395 residents live below the federal poverty line.
What is the racial makeup of Oakland borough, New Jersey?
Oakland borough's population is 80.2% White, 1.3% Black, 11.9% Hispanic/Latino, and 3.4% Asian.
What is the median home value in Oakland borough, NJ?
The median home value in Oakland borough is $567,200. The home-value-to-income ratio is 3.5x.
How educated is Oakland borough, New Jersey?
54.4% of adults (25+) in Oakland borough hold a bachelor's degree or higher, and 21.6% hold a graduate or professional degree.