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The total population of Oakland is estimated to be 12,734 with 6,497 males (51.02%) and 6,237 females (48.98%). There are 260 less females than males in Oakland.
The median household income in Oakland was $164,605 in 2021, which marked an an increase of 5,881(3.71%) from $158,724 in 2020. This income is 220.63% 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 45 to 64 years old, at $188,444. Overall, the median household income for the borough of Oakland stands at $164,605.
In Oakland, the median income for all workers aged 15 years and older, regardless of work hours, was $78,236 for males and $44,093 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $118,922 for males and $78,792 for females.
In Oakland, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $270,229, while White households represent the opposite end with the lowest median household income of $157,261.
In 2022, the population of Oakland was 12,653, a 0.25% decrease year-by-year from 2021. Previously, in 2021, Oakland's population was 12,685, a decline of 0.24% compared to a population of 12,715 in 2020.
The median age in Oakland, NJ is 42.7, as per 2021 ACS 5-Year Estimates. Of the total population, 17.63% were under the age of 15, 16.81% aged 15 to 29, 50.14% aged 30 to 64, 13.15% aged 65 to 84, and 2.27% were 85 years of age and older.
Racial distribution of Oakland population: 83.94% are White, 2.36% are Black or African American, 0.02% are American Indian and Alaska Native, 5.71% are Asian, 2.40% are some other race and 5.58% are multiracial.