Oak Island town, North Carolina
CityPopulation: 8,888 (2023 estimate)
Located in North Carolina , North Carolina
Census Bureau data for Oak Island town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Oak Island town
- What is the median household income in Oak Island town?
- The median household income in Oak Island town is $83,483 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Oak Island town?
- The poverty rate in Oak Island town is 6.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Oak Island town?
- $407,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Oak Island town?
- The median gross rent in Oak Island town is $1,208 per month (U.S. Census Bureau ACS 2023).
- What percentage of Oak Island town residents have a college degree?
- 43.0% of adults in Oak Island town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,888
Median Income
$83,483
Median Home Value
$407,400
Poverty Rate
6.7%
Unemployment (ACS 2023)
3.6%
Median Age
61.0 yrs
Since 2019
Median Income:
+$10,662 (+14.6%)
Home Value:
+$151,500 (+59.2%)
Poverty Rate:
+1.6 pp (+31.4%)
Bachelor's+:
+4.6 pp (+12%)
Unemployment:
+0.3 pp (+9.1%)
Demographics
Total Population
8,888
Median Age
61.0
Female
52.0%
Race & Ethnicity
Hispanic or Latino 1.3%
White (non-Hisp.) 94.0%
Black 0.9%
Asian 0.7%
Two or More 3.6%
Other 0.2%
Hispanic Subgroups (% of total pop.)
Mexican
0.3%
Puerto Rican
0.3%
Cuban
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$83,483
±$6,914
+$13,579 vs. state
Per Capita Income
$124,530
Median Family Income
$101,331
Poverty Rate
6.7%
-2.7 pp vs. state
Child Poverty Rate
7.1%
Working-Age Poverty Rate
—
SNAP Recipients
5.0%
Social Security Income
—
Retirement Income
44.7%
Household Income Distribution
< $10k
4.4%
$10–15k
5.7%
$15–25k
4.5%
$25–35k
6.1%
$35–50k
7.8%
$50–75k
16.5%
$75–100k
13.5%
$100–150k
16.7%
$150–200k
10.5%
$200k+
14.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
10,431
Owner-Occupied
87.8%
Renter-Occupied
12.2%
Vacancy Rate
58.7%
Median Home Value
$407,400
+$148,000 vs. state
Median Gross Rent
$1,208
Owner Cost Burden (30%+)
25.9%
Renter Cost Burden (30%+)
53.0%
Home Value Distribution
< $50k
3.7%
$50–100k
1.0%
$100–200k
0.8%
$200–300k
22.1%
$300–500k
32.7%
$500k–$1M
31.5%
$1M+
4.4%
Gross Rent Distribution
$500–1k
33.2%
$1–1.5k
43.8%
$1.5–2k
4.2%
$2–2.5k
2.6%
$2.5–3.5k
7.0%
$3.5k+
9.2%
Vehicle Availability
No vehicle
2.9%
1 vehicle
29.6%
2 vehicles
45.9%
3+
21.7%
Housing Type
Single-fam. det.
85.2%
Single-fam. att.
1.9%
2–4 units
0.9%
5–19 units
0.8%
20+ units
2.8%
Mobile home
6.8%
Housing Age
Pre-1940
0.1%
1940–1969
0.3%
1970–1999
12.0%
2000–2009
21.3%
2010+
18.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.9%
Bachelor's or Higher
43.0%
+8.3 pp vs. state
Graduate Degree
15.2%
Some College / Associate
20.5%
Less Than High School
1.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
47.4%
Unemployment Rate
3.6%
-1.2 pp vs. state
Work from Home
21.4%
Self-Employed
8.8%
Government Workers
19.7%
Private For-Profit
71.1%
Industry
Edu/Health
14.7%
Prof. Services
14.3%
Finance
13.5%
Construction
10.7%
Public Admin
10.7%
Retail
10.4%
Arts/Entmt.
8.9%
Transportation
7.2%
Manufacturing
4.3%
Information
1.6%
Wholesale
0.1%
Agriculture
0.1%
Occupation
Management
44.5%
Sales
26.8%
Food Prep
12.9%
Construction
8.8%
Production
7.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.8 min
Drove Alone
71.3%
Carpool
3.5%
Public Transit
2.0%
Work from Home
21.4%
Walked
1.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
4,304
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
58.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
3.6%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
1.2%
5–9
1.4%
10–14
3.0%
15–19
2.7%
20–24
2.1%
25–34
3.5%
35–44
5.1%
45–54
14.3%
55–64
12.2%
65–74
15.4%
75–84
27.1%
85+
10.3%
Under 18: 7.5%
Working age (18–64): 92.5%
65 and over: 38.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.9%
Naturalized Citizen
84.0%
Speaks English Less Than Very Well
0.8%
Foreign-Born Origin
Asia
34.3%
Europe
30.8%
Latin America
21.9%
Veterans & Disability
Veteran
12.1%
With a Disability
14.3%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.6%
Uninsured
4.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.5%
Has a Computer
98.1%
Same House 1 Year Ago
89.4%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023