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Oakland borough, New Jersey

City

Population: 12,700 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Oakland borough 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.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Oakland borough

What is the median household income in Oakland borough?
The median household income in Oakland borough is $162,862 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Oakland borough?
The poverty rate in Oakland borough is 1.4% (U.S. Census Bureau ACS 2023).
What is the median home value in Oakland borough?
$567,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Oakland borough?
The median gross rent in Oakland borough is $1,462 per month (U.S. Census Bureau ACS 2023).
What percentage of Oakland borough residents have a college degree?
54.4% of adults in Oakland borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
12,700
Median Income
$162,862
Median Home Value
$567,200
Poverty Rate
1.4%
Unemployment (ACS 2023)
4.9%
Median Age
41.0 yrs
Since 2019 Median Income: +$36,543 (+28.9%) Home Value: +$98,500 (+21%) Poverty Rate: -0.9 pp (-39.1%) Bachelor's+: +4.0 pp (+7.9%) Unemployment: +1.2 pp (+32.4%)

Demographics

Total Population 12,700
Median Age 41.0
Female 49.8%
Race & Ethnicity
Hispanic or Latino 11.9% White (non-Hisp.) 80.2% Black 1.3% Asian 3.4% Two or More 7.9% Other 2.8%
Asian Subgroups (% of total pop.)
Indian
1.5%
Chinese
0.6%
Korean
0.5%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
1.9%
Mexican
1.5%
Puerto Rican
1.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $162,862 ±$11,412
+$61,812 vs. state
Per Capita Income $180,215
Median Family Income $178,381
Poverty Rate 1.4%
-5.6 pp vs. state
Child Poverty Rate 1.9%
Working-Age Poverty Rate
SNAP Recipients 0.7%
Social Security Income
Retirement Income 24.7%
Household Income Distribution
< $10k
2.3%
$10–15k
1.1%
$15–25k
1.8%
$25–35k
3.0%
$35–50k
4.6%
$50–75k
10.2%
$75–100k
7.5%
$100–150k
14.7%
$150–200k
19.5%
$200k+
35.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 4,687
Owner-Occupied 91.8%
Renter-Occupied 8.2%
Vacancy Rate 6.2%
Median Home Value $567,200
+$139,600 vs. state
Median Gross Rent $1,462
Owner Cost Burden (30%+) 21.1%
Renter Cost Burden (30%+) 51.1%
Home Value Distribution
< $50k
1.6%
$50–100k
0.6%
$100–200k
0.5%
$200–300k
2.8%
$300–500k
32.1%
$500k–$1M
60.4%
$1M+
2.1%
Gross Rent Distribution
< $500
7.2%
$500–1k
15.6%
$1–1.5k
31.6%
$1.5–2k
26.2%
$3.5k+
19.4%
Vehicle Availability
No vehicle
3.9%
1 vehicle
19.9%
2 vehicles
45.0%
3+
31.3%
Housing Type
Single-fam. det.
91.0%
Single-fam. att.
4.3%
2–4 units
1.6%
5–19 units
0.8%
20+ units
0.7%
Mobile home
0.1%
Housing Age
Pre-1940
9.1%
1940–1969
5.0%
1970–1999
7.2%
2000–2009
6.1%
2010+
2.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 96.6%
Bachelor's or Higher 54.4%
+11.5 pp vs. state
Graduate Degree 21.6%
Some College / Associate 16.9%
Less Than High School 2.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 69.4%
Unemployment Rate 4.9%
-1.3 pp vs. state
Work from Home 18.4%
Self-Employed 4.1%
Government Workers 15.0%
Private For-Profit 81.0%
Industry
Edu/Health
30.3%
Prof. Services
15.0%
Finance
9.9%
Manufacturing
9.6%
Retail
7.9%
Arts/Entmt.
6.4%
Construction
6.1%
Wholesale
3.4%
Public Admin
3.2%
Transportation
3.1%
Information
2.3%
Agriculture
0.6%
Occupation
Management
55.2%
Sales
22.8%
Food Prep
11.1%
Construction
5.4%
Production
5.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 30.2 min
Drove Alone 71.3%
Carpool 4.7%
Public Transit 3.3%
Work from Home 18.4%
Walked 1.3%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 4,395
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 67.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 31.3%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.9%
5–9
4.4%
10–14
6.2%
15–19
7.8%
20–24
5.3%
25–34
10.8%
35–44
12.8%
45–54
15.9%
55–64
6.5%
65–74
7.1%
75–84
9.8%
85+
6.0%
Under 18: 21.7% Working age (18–64): 78.3% 65 and over: 17.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 14.4%
Naturalized Citizen 74.0%
Speaks English Less Than Very Well 6.0%
Foreign-Born Origin
Europe
43.3%
Latin America
36.2%
Asia
13.5%
Africa
2.7%

Veterans & Disability

Veteran 3.6%
With a Disability 8.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 95.4%
Uninsured 4.6%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 96.2%
Has a Computer 97.1%
Same House 1 Year Ago 91.7%
Moved from Abroad 0.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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