Oakwood city, Ohio Demographics & Population 2026
As of 2026, Oakwood city, Ohio has a total population of 9,480, the 195th largest city in Ohio, with a median household income of $158,968, which is 128% higher than the state average. The poverty rate is 3.2%.
Key Takeaways
- Household income is 128% above the state average — one of the wealthiest communities in Ohio.
- An exceptionally low poverty rate of 3.2% — among the lowest in Ohio.
- 75.1% of adults hold a bachelor's degree or higher — top 10% in Ohio.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
- Near full employment with an unemployment rate of just 2.5%.
Oakwood city Quick Facts
How Oakwood city 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: 39 | National average: 60
Education
Educational Attainment (Adults 25+)
Oakwood city Rankings in Ohio
Explore Ohio Rankings
Other Cities in Montgomery County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Dayton city | 136,741 | $43,454 | 27.1% | $93,200 |
| Kettering city | 57,442 | $71,619 | 8.5% | $192,500 |
| Huber Heights city | 43,266 | $76,551 | 8.6% | $161,900 |
| Riverside city | 24,432 | $59,271 | 16.6% | $139,100 |
| Trotwood city | 23,041 | $49,082 | 21.7% | $99,500 |
| Vandalia city | 15,100 | $76,290 | 8.8% | $186,500 |
| Englewood city | 13,388 | $72,808 | 7.3% | $168,800 |
| Clayton city | 13,269 | $90,886 | 6.0% | $189,100 |
| West Carrollton city | 13,008 | $57,758 | 15.0% | $137,700 |
| Moraine city | 6,503 | $44,648 | 27.4% | $128,100 |
Cities Similar to Oakwood city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Madeira city | 9,454 | $168,981 | $463,600 | 71.8% | 2.3% |
| Wyoming city | 8,712 | $156,518 | $404,500 | 70.9% | 1.6% |
| Beckett Ridge CDP | 9,451 | $120,179 | $297,300 | 58.4% | 5.6% |
| Bainbridge CDP | 8,882 | $130,952 | $423,700 | 60.6% | 3.2% |
| Montgomery city | 10,816 | $148,438 | $505,800 | 76.1% | 2.7% |
Population Overview
Oakwood city is a small city located in Ohio, within Montgomery County. The total population is 9,480. It ranks as the 195th most populous out of 1,264 cities and towns in Ohio.
Age Demographics
The median age in Oakwood city is 38.9 years. This is 2% lower than the state median of 39.6 years. With 30.9% of the population under 18, Oakwood city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Oakwood city is $158,968. This is 128% higher than the state median of $69,680. Compared to the national median of $78,538, household income here is 102% higher. The poverty rate stands at 3.2%. This is 76% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.5%. This is 49% lower than the state rate of 4.9%. The median home value is $350,100. Housing costs are 76% higher than the state median of $199,200. With a home-value-to-income ratio of just 2.2x, Oakwood city is one of the most affordable housing markets in the area. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 67.0%.
Race & Ethnicity
Oakwood city has a predominantly White (non-Hispanic) population, comprising 90.8% of all residents. Asian residents account for 2.8%. The Black or African American population (0.5%) is well below the state average of 12.1%. The Hispanic or Latino population (1.1%) is well below the state average of 4.6%.
Education
75.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Oakwood city in the top 10% of all cities in the state for educational attainment. This is 143% higher than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.3%. Notably, 43.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Oakwood city, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Oakwood city, Ohio?
Oakwood city, Ohio has a population of 9,480 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oakwood city, OH?
The median household income in Oakwood city is $158,968, which is 102% higher the national median of $78,538.
What is the poverty rate in Oakwood city, OH?
The poverty rate in Oakwood city is 3.2%. This means approximately 296 residents live below the federal poverty line.
What is the racial makeup of Oakwood city, Ohio?
Oakwood city's population is 90.8% White, 0.5% Black, 1.1% Hispanic/Latino, and 2.8% Asian.
What is the median home value in Oakwood city, OH?
The median home value in Oakwood city is $350,100. The home-value-to-income ratio is 2.2x.
How educated is Oakwood city, Ohio?
75.1% of adults (25+) in Oakwood city hold a bachelor's degree or higher, and 43.5% hold a graduate or professional degree.