Oakwood, Pennsylvania Demographics & Population 2026
During the 2020–2024 ACS period, Oakwood, Pennsylvania had a total population of 2,253, the 607th largest community in Pennsylvania, with a median household income of $71,583, which is 8% lower than the state average. The poverty rate is 4.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 4.8% — among the lowest in Pennsylvania.
- Housing is very affordable with a home-value-to-income ratio of just 1.7x.
Oakwood Quick Facts
How Oakwood 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 | 2,263 | 2,253 | -0.4% |
| Median household income | $72,273 | $71,583 | -1.0% |
| Median home value | $112,500 | $118,400 | +5.2% |
How Oakwood 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: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Oakwood Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Lawrence County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| New Castle | 21,579 | $42,219 | 28.0% | $77,400 |
| New Wilmington | 2,395 | $73,696 | 8.5% | $209,800 |
| New Beaver | 1,343 | $61,417 | 6.6% | $135,600 |
| Oakland (Lawrence County) | 1,330 | $63,372 | 7.8% | $125,800 |
| New Castle Northwest | 1,223 | $72,500 | 7.8% | $155,300 |
| Ellport | 1,127 | $74,625 | 5.7% | $165,100 |
| West Pittsburg | 909 | $44,510 | 10.9% | $106,900 |
| Bessemer | 881 | $65,893 | 10.8% | $122,700 |
| New Bedford | 813 | $90,000 | 0.0% | $204,400 |
| South New Castle | 712 | $69,375 | 5.9% | $104,100 |
Cities Similar to Oakwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Susquehanna Trails | 2,251 | $68,009 | $214,100 | 24.6% | 5.4% |
| Messiah College | 2,329 | N/A | N/A | 70.3% | 0.0% |
| Liberty (Allegheny County) | 2,320 | $73,786 | $115,600 | 23.7% | 13.3% |
| Andalusia | 2,251 | $64,745 | $334,700 | 19.9% | 7.2% |
| Hughesville | 2,274 | $64,917 | $208,700 | 25.8% | 16.5% |
Population Overview
Oakwood is a small community located in Pennsylvania, within Lawrence County. The total population is 2,253. It ranks as the 607th most populous out of 1,991 Census-designated places in Pennsylvania.
Age Demographics
The median age in Oakwood is 43.3 years. This is 6% higher than the state median of 40.9 years.
Economy, Income & Housing
The median household income in Oakwood is $71,583. This is 8% lower than the state median of $77,971. It is also 11% lower than the national median of $80,734. The poverty rate stands at 4.8%. This is 59% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.7%. This is 49% lower than the state rate of 5.3%. The median home value is $118,400. Housing costs are 53% lower than the state median of $254,500. With a home-value-to-income ratio of just 1.7x, Oakwood is one of the most affordable housing markets in the area. 96.0% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 69.3%.
Race & Ethnicity
Oakwood has a predominantly White (non-Hispanic) population, comprising 87.3% of all residents. Black or African American residents account for 4.6%. The Black or African American population (4.6%) is well below the state average of 10.3%. The Hispanic or Latino population (3.6%) is well below the state average of 8.7%. The Asian population (0.9%) is well below the state average of 3.8%.
Education
21.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.
Data Sources & Methodology
All demographic data for Oakwood, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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 Oakwood, Pennsylvania?
Oakwood, Pennsylvania has a population of 2,253 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oakwood, PA?
The median household income in Oakwood is $71,583, which is 11% lower than the national median of $80,734.
What is the poverty rate in Oakwood, PA?
The poverty rate in Oakwood is 4.8%. This means approximately 108 residents live below the federal poverty line.
What is the racial makeup of Oakwood, Pennsylvania?
Oakwood's population is 87.3% White, 4.6% Black, 3.6% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Oakwood, PA?
The median home value in Oakwood is $118,400. The home-value-to-income ratio is 1.7x.
How educated is Oakwood, Pennsylvania?
21.2% of adults (25+) in Oakwood hold a bachelor's degree or higher, and 3.9% hold a graduate or professional degree.