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The total population of Oakham town is estimated to be 1,585 with 775 males (48.90%) and 810 females (51.10%). There are 35 more females than males in Oakham town.
The median household income in Oakham town was $91,962 in 2021, which marked an a decrease of 4,724(4.89%) from $96,686 in 2020. This income is 123.26% 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, Oakham town sees its highest median household income among householders in the age group of 25 to 44 years old, at $105,775. Overall, the median household income for the town of Oakham town stands at $91,962.
In Oakham town, the median income for all workers aged 15 years and older, regardless of work hours, was $49,001 for males and $33,755 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,681 for males and $80,168 for females.
In Oakham town, there are just two different racial groups among households. Among these, White households report a median household income of $92,130, while Two or More Races households have a median household income of $90,189.
In 2022, the population of Oakham town was 1,866, a 0.59% increase year-by-year from 2021. Previously, in 2021, Oakham town's population was 1,855, an increase of 0.11% compared to a population of 1,853 in 2020.
The median age in Oakham, Massachusetts is 49.8, as per 2021 ACS 5-Year Estimates. Of the total population, 10.92% were under the age of 15, 17.03% aged 15 to 29, 54.35% aged 30 to 64, 16.47% aged 65 to 84, and 1.23% were 85 years of age and older.
Racial distribution of Oakham town population: 94.94% are White, 1.23% are Black or African American, 0.37% are some other race and 3.45% are multiracial.