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ZipNumbers

Maryland · Census place 57650

Oakland town, MD

Quick answer

Oakland town has 2,043 residents, ranking #279 of 536 places in Maryland. Median household income is $59,904, the median home is worth $247,100 and median gross rent runs $631 a month.

Population
2,043Oakland town residents
Median household income
$59,904Past 12 months, inflation adjusted
Median home value
$247,100Owner-occupied units
Median gross rent
$631Rent plus utilities, monthly
Median age
51.2 yrsAll residents
Homeownership rate
49.1%Owner-occupied households

What the numbers mean in Oakland town

Housing cost measured against local earnings.

A household earning the Oakland town median would spend about 12.6% 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 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.2% of residents and 49.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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