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The total population of Oak City is estimated to be 420 with 203 males (48.33%) and 217 females (51.67%). There are 14 more females than males in Oak City.
The median household income in Oak City was $57,935 in 2021, which marked an an increase of 805(1.41%) from $57,130 in 2020. This income is 77.65% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Oak City sees its highest median household income among householders in the age group of 25 to 44 years old, at $71,091. Overall, the median household income for the town of Oak City stands at $57,935.
In Oak City, the median income for all workers aged 15 years and older, regardless of work hours, was $33,494 for males and $23,476 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,241 for males and $32,968 for females.
In Oak City, there are just two different racial groups among households. Among these, Black or African American households report a median household income of $57,955, while White households have a median household income of $56,072.
In 2022, the population of Oak City was 263, a 1.13% decrease year-by-year from 2021. Previously, in 2021, Oak City's population was 266, a decline of 1.12% compared to a population of 269 in 2020.
The median age in Oak City, NC is 54.5, as per 2021 ACS 5-Year Estimates. Of the total population, 11.01% were under the age of 15, 15.28% aged 15 to 29, 42.70% aged 30 to 64, 25.17% aged 65 to 84, and 5.84% were 85 years of age and older.
Racial distribution of Oak City population: 26.97% are White and 73.03% are Black or African American.