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The total population of Oakboro is estimated to be 2,379 with 1,205 males (50.65%) and 1,174 females (49.35%). There are 31 less females than males in Oakboro.
The median household income in Oakboro was $74,718 in 2021, which marked an an increase of 4,303(6.11%) from $70,415 in 2020. This income is 100.15% 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, Oakboro sees its highest median household income among householders in the age group of under 25 years old, at $90,110. Overall, the median household income for the town of Oakboro stands at $74,718.
In Oakboro, the median income for all workers aged 15 years and older, regardless of work hours, was $43,944 for males and $31,896 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,718 for males and $43,060 for females.
In Oakboro, there are just two different racial groups among households. Among these, White households report a median household income of $78,704, while Black or African American households have a median household income of $45,462.
In 2022, the population of Oakboro was 2,201, a 1.76% increase year-by-year from 2021. Previously, in 2021, Oakboro's population was 2,163, an increase of 1.26% compared to a population of 2,136 in 2020.
The median age in Oakboro, NC is 40.7, as per 2021 ACS 5-Year Estimates. Of the total population, 18.41% were under the age of 15, 21.60% aged 15 to 29, 43.21% aged 30 to 64, 15.39% aged 65 to 84, and 1.38% were 85 years of age and older.
Racial distribution of Oakboro population: 80.72% are White, 12.59% are Black or African American, 0.22% are American Indian and Alaska Native, 0.26% are Asian, 1.34% are some other race and 4.87% are multiracial.