Indiana · Census place 55800
Oaktown town, IN
Quick answer
Oaktown town has 724 residents, ranking #433 of 976 places in Indiana. Median household income is $30,417, the median home is worth $67,700 and median gross rent runs $705 a month.
- Population
- 724Oaktown town residents
- Median household income
- $30,417Past 12 months, inflation adjusted
- Median home value
- $67,700Owner-occupied units
- Median gross rent
- $705Rent plus utilities, monthly
- Median age
- 48.8 yrsAll residents
- Homeownership rate
- 61.9%Owner-occupied households
What the numbers mean in Oaktown town
Housing cost measured against local earnings.
A household earning the Oaktown town median would spend about 27.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.2% of residents and 61.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Dugger town 731
- Waldron CDP 729
- Lake Eliza CDP 725
- Fountain City town 718
- Gaston town 709
- Harmony town 708
- Clarks Hill town 706
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