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The total population of Oakland is estimated to be 9,139 with 4,663 males (51.02%) and 4,476 females (48.98%). There are 187 less females than males in Oakland.
The median household income in Oakland was $84,446 in 2021, which marked an a decrease of 3,303(3.76%) from $87,749 in 2020. This income is 113.19% 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 $108,460. Overall, the median household income for the town of Oakland stands at $84,446.
In Oakland, the median income for all workers aged 15 years and older, regardless of work hours, was $55,059 for males and $34,319 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,617 for males and $54,451 for females.
In Oakland, there are just two different racial groups among households. Among these, White households report a median household income of $90,573, while Black or African American households have a median household income of $63,961.
In 2022, the population of Oakland was 10,028, a 5.50% increase year-by-year from 2021. Previously, in 2021, Oakland's population was 9,505, an increase of 5.30% compared to a population of 9,027 in 2020.
The median age in Oakland, TN is 37.8, as per 2021 ACS 5-Year Estimates. Of the total population, 20.58% were under the age of 15, 15.11% aged 15 to 29, 48.18% aged 30 to 64, 14.38% aged 65 to 84, and 1.76% were 85 years of age and older.
Racial distribution of Oakland population: 80.92% are White, 17.25% are Black or African American, 0.62% are Asian, 0.17% are some other race and 1.03% are multiracial.