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The total population of Oakland is estimated to be 1,995 with 1,047 males (52.48%) and 948 females (47.52%). There are 99 less females than males in Oakland.
The median household income in Oakland was $64,044 in 2021, which marked an an increase of 2,266(3.67%) from $61,778 in 2020. This income is 85.84% 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, Oakland sees its highest median household income among householders in the age group of 25 to 44 years old, at $76,192. Overall, the median household income for the town of Oakland stands at $64,044.
In Oakland, the median income for all workers aged 15 years and older, regardless of work hours, was $45,529 for males and $23,301 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $73,930 for males and $36,566 for females.
In Oakland, population is primarily represented by White households, reporting a median income of $61,201.
In 2022, the population of Oakland was 1,828, a 0.71% decrease year-by-year from 2021. Previously, in 2021, Oakland's population was 1,841, a decline of 0.27% compared to a population of 1,846 in 2020.
The median age in Oakland, MD is 42.7, as per 2021 ACS 5-Year Estimates. Of the total population, 15.82% were under the age of 15, 17.65% aged 15 to 29, 42.39% aged 30 to 64, 22.82% aged 65 to 84, and 1.33% were 85 years of age and older.
Racial distribution of Oakland population: 94.70% are White, 1.28% are Black or African American, 0.18% are American Indian and Alaska Native, 1.46% are Asian, 0.23% are some other race and 2.15% are multiracial.