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Oakboro, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Oakboro, North Carolina had a total population of 2,683, the 284th largest town in North Carolina, with a median household income of $69,100, which is 5% lower than the state average. The poverty rate is 5.5%.

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

Oakboro Quick Facts

Population 2,683
Median Household Income $69,100
Median Home Value $282,600
Poverty Rate 5.5%
Unemployment Rate 4.0%
Median Age 38.9 years
Homeownership Rate 80.7%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 22.3%
High School Graduation Rate 91.4%
Diversity Index 46/100
Population 2,683 284th of 772
Median Income $69,100 above average
Poverty Rate 5.5% 56% lower than national
Median Home Value $282,600 top 30%

How Oakboro 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
Population2,4532,683+9.4%
Median household income$76,071$69,100-9.2%
Median home value$235,800$282,600+19.8%

How Oakboro Compares

Economy & Housing

Household Income Distribution

Under $25K 7.1%
$25K-$50K 28.0%
$50K-$100K 36.3%
$100K+ 28.7%
Detailed income brackets
Under $10K
1.0%
$10K-$15K
1.1%
$15K-$20K
4.2%
$20K-$25K
0.8%
$25K-$30K
4.0%
$30K-$35K
9.2%
$35K-$40K
3.4%
$40K-$45K
0.6%
$45K-$50K
10.7%
$50K-$60K
9.6%
$60K-$75K
7.3%
$75K-$100K
19.4%
$100K-$125K
9.1%
$125K-$150K
10.5%
$150K-$200K
3.2%
$200K+
5.8%

Employment

4.0% Unemployment Rate State: 4.7%|National: 5.2%
64.1% Labor Force Participation

Housing Overview

Owner 80.7%
Renter 19.3%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,057/mo 18.4% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 58 | National average: 61

Education

Oakboro Rankings in North Carolina

#284 Population of 772
#272 Median Income of 716
#395 Education of 772
#220 Home Value of 725

Other Cities in Stanly County

CityPopulationMedian IncomePovertyHome Value
Albemarle 16,762 $46,881 24.9% $204,800
Norwood 2,433 $51,639 8.6% $185,200
Badin 2,184 $53,145 19.6% $160,200
Stanfield 1,522 $79,250 9.3% $335,800
Richfield 937 $70,750 11.4% $219,900
Red Cross 903 $64,500 7.7% $257,000
Misenheimer 659 $60,417 21.9% $225,000
New London 608 $61,875 18.7% $296,200
Millingport 522 $84,464 2.9% $209,900
Aquadale 156 $69,063 0.0% $156,300

Cities Similar to Oakboro

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wentworth2,692$68,500$170,30018.1%18.1%
Rockwell2,782$69,632$237,20028.4%7.0%
Wilson's Mills2,753$62,813$241,80016.7%31.9%
Tobaccoville2,664$80,263$234,20028.3%8.5%
Sneads Ferry2,728$79,594$269,30024.8%13.3%

Population Overview

Oakboro is a small community located in North Carolina, within Stanly County. The total population is 2,683. It ranks as the 284th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Oakboro is 38.9 years. This is about the same as the state median of 39.1 years.

Economy, Income & Housing

The median household income in Oakboro is $69,100. This is 5% lower than the state median of $72,388. It is also 14% lower than the national median of $80,734. The poverty rate stands at 5.5%. This is 58% lower than the state poverty rate of 13.0%. The unemployment rate is 4.0%. This is 15% lower than the state rate of 4.7%. The median home value is $282,600. Housing costs are 2% lower than the state median of $288,900. The home-value-to-income ratio is 4.1x. 80.7% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Oakboro is White (non-Hispanic), making up 71.7% of the population. Black or African American residents account for 12.8%.

Education

22.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.4%.

Data Sources & Methodology

All demographic data for Oakboro, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Oakboro, North Carolina?

Oakboro, North Carolina has a population of 2,683 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oakboro, NC?

The median household income in Oakboro is $69,100, which is 14% lower than the national median of $80,734.

What is the poverty rate in Oakboro, NC?

The poverty rate in Oakboro is 5.5%. This means approximately 147 residents live below the federal poverty line.

What is the racial makeup of Oakboro, North Carolina?

Oakboro's population is 71.7% White, 12.8% Black, 11.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Oakboro, NC?

The median home value in Oakboro is $282,600. The home-value-to-income ratio is 4.1x.

How educated is Oakboro, North Carolina?

22.3% of adults (25+) in Oakboro hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.