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The total population of Oak Island is estimated to be 8,564 with 4,154 males (48.51%) and 4,410 females (51.49%). There are 256 more females than males in Oak Island.
The median household income in Oak Island was $92,744 in 2021, which marked an an increase of 12,072(14.96%) from $80,672 in 2020. This income is 124.31% 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 Island sees its highest median household income among householders in the age group of 25 to 44 years old, at $105,753. Overall, the median household income for the town of Oak Island stands at $92,744.
In Oak Island, the median income for all workers aged 15 years and older, regardless of work hours, was $45,301 for males and $37,801 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,963 for males and $59,720 for females.
In Oak Island, there are just two different racial groups among households. Among these, White households report a median household income of $94,277, while Two or More Races households have a median household income of $92,244.
In 2022, the population of Oak Island was 9,322, a 4.78% increase year-by-year from 2021. Previously, in 2021, Oak Island's population was 8,897, an increase of 4.88% compared to a population of 8,483 in 2020.
The median age in Oak Island, NC is 60.3, as per 2021 ACS 5-Year Estimates. Of the total population, 6.36% were under the age of 15, 7.99% aged 15 to 29, 48.57% aged 30 to 64, 35.34% aged 65 to 84, and 1.75% were 85 years of age and older.
Racial distribution of Oak Island population: 94.86% are White, 0.65% are Black or African American, 0.47% are American Indian and Alaska Native, 0.95% are Asian and 3.07% are multiracial.