Oakfield Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Oakfield, Michigan? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Oakfield, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Oakfield is $88,616.00.

The chart below shows the average household income by age in Oakfield.

• Under 25
  $0.00
• 25 to 44
  $111,719.00
• 45 to 64
  $94,615.00
• 65 and over
  $58,333.00

Average Household Income

A very commonly asked question is "what is the average household income in Oakfield, Michigan?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Oakfield is $100,546.00.

3.91% of households in Oakfield, Michigan are classed as high income households (making $200,000+ per year).

Household Income Tiers for Oakfield

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Oakfield, Michigan easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  2.27%
• $25,000 to $49,999
  18.24%
• $50,000 to $74,999
  19.74%
• $75,000 to $99,999
  15.92%
• $100,000 to $149,999
  29.57%
• $150,000 to $199,999
  10.34%
• $200,000 or more
  3.91%

Per Capita Income

The per capita income is the average income of all people in Oakfield, Michigan. This is calculated by dividing the total income of all people in Oakfield by the total number of people in Oakfield.

It differs from the average or mean household income because it includes all people in Oakfield and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Oakfield, Michigan is $38,319.00.

Population in Oakfield by Race and Ethnicity

The total population in Oakfield is currently 6,122 people.

The race and ethnicity of the population in Oakfield can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Oakfield, Michigan.

• 0.00% White
  0
• 89.20% Black/African American
  5,458
• 87.20% Native
  5,341
• 6.30% Hispanic
  383
• 0.00% Asian
  0
• 0.00% Hawaiian/Pacific Islander
  0
• 0.00% Two or more races
  0
• 0.00% Other
  0

Population of Oakfield by Age and Gender

Another very important demographics statistic for Oakfield, Michigan is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Oakfield, Michigan.

• Master's degree or higher
  13.13%
• Bachelor's degree
  20.46%
• Some college or associate's degree
  15.96%
• High school diploma or equivalent
  49.11%
• Less than high school diploma
  1.34%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Oakfield because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Oakfield look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Oakfield, Michigan that are over the age of 16.

The current population in Oakfield that are over the age of 16 is 4,983 people.

The unemployment rate in Oakfield is 2.60%, which means 83 people are unemployed.

Median Age in Oakfield

The median age is an interesting metric because it gives us an idea of the age distribution of people in Oakfield, Michigan. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Oakfield is 39.5 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Oakfield

39.5

Total

41.4

Male

39.2

Female

Households and Families

There are a total of 2,330 households in Oakfield, and the average household size is 2.61 people.

For families, the total number is 1,907, and the average family size is 2.69 people.

6.10% of those families in Oakfield, Michigan are living below the poverty line.

The table below shows the poverty thresholds for Oakfield in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Oakfield, Michigan for each type, as well as the average sizes.

Housing Data in Oakfield

There are total of 2,507 housing units in Oakfield, Michigan. Of those units, 2,330 (92.94%) are occupied, and 177 (7.06%) are vacant.

Rental Rates

Of the 2,507 housing units in Oakfield, 123 (4.91%) are occupied by renters. The median rent paid by renters is $1,206.00.

Owner occupied housing units make up the remaining 87.04% of housing units, with 2,182 housing units in total.

The table below breaks down how much rent is paid by renters in Oakfield, Michigan.

• No rent paid
  25
• Less than $500
  0
• $500 to $999
  17
• $1,000 to $1,499
  54
• $1,500 to $1,999
  52
• $2,000 to $2,499
  0
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in Oakfield is $273,000.00.

The table below breaks down the range of valuations for all properties in Oakfield.

• Less than $50,000
  102
• $50,000 to $99,999
  40
• $100,000 to $149,999
  173
• $150,000 to $199,999
  250
• $200,000 to $299,999
  742
• $300,000 to $499,999
  755
• $500,000 to $999,999
  107
• $1,000,000 or more
  13

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Oakfield, Michigan.

• 1939 or earlier
  141
• 1940 to 1949
  46
• 1950 to 1959
  49
• 1960 to 1969
  223
• 1970 to 1979
  314
• 1980 to 1989
  211
• 1990 to 1999
  734
• 2000 to 2009
  470
• 2010 to 2013
  281
• 2014 or later
  38

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Oakfield has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  16
• 1 vehicle available
  417
• 2 vehicles available
  1,174
• 3 or more vehicles available
  723

Commuting to Work in Oakfield

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Oakfield, Michigan, how they commute, and how that correlates to other data points.

The average travel time is 33.9 minutes, and the chart below covers the range of travel times across the population of Oakfield.

• Less than 5 minutes
  24
• 5 to 9 minutes
  153
• 10 to 14 minutes
  379
• 15 to 19 minutes
  346
• 20 to 24 minutes
  173
• 25 to 29 minutes
  165
• 30 to 34 minutes
  221
• 35 to 39 minutes
  477
• 40 to 44 minutes
  209
• 45 to 59 minutes
  213
• 60 to 89 minutes
  131
• 90 or more minutes
  144

We can also look at the means of transport in Oakfield to see which modes of transport people are using to commute to work.

• Drove alone
  2,292
• Carpooled
  319
• Public transportation
  0
• Walked
  24
• Other means
  0
• Worked from home
  479

Conclusion

Hopefully this article has given you the demographics data you were looking for in Oakfield, Michigan.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Oakfield.

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