What is the population of Oakland borough?

Oakland borough has 12,700 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #108 of 700 in New Jersey.

What is the median household income in Oakland borough?

Median household income in Oakland borough is $162,862 a year, 107.4% above the national figure of $78,538.

How much does it cost to rent or buy in Oakland borough?

Median gross rent is $1,462 a month and the median home value is $567,200, so rent absorbs about 10.8% of median household income.

Is Oakland borough affordable compared with the rest of the US?

Homes cost about 3.5× the local median income here versus roughly 3.9× nationally, so Oakland borough is more affordable to buy in than the typical US market, and rent takes 10.8% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

New Jersey · Census place 53850

Oakland, NJ population, income and ZIP codes

Quick answer

The population of the city of Oakland, New Jersey (Oakland, NJ — Census place “Oakland borough”) is 12,700 residents, ranking #108 of 700 places in New Jersey. Median household income is $162,862, the median home is worth $567,200 and median gross rent runs $1,462 a month. Looking for the Oakland New Jersey ZIP code list? 1 ZIP codes serve Oakland, NJ: 07436.

Population: 12,700Oakland borough residents
Median household income: $162,862Past 12 months, inflation adjusted
Median home value: $567,200Owner-occupied units
Median gross rent: $1,462Rent plus utilities, monthly
Median age: 41.9 yrsAll residents
Homeownership rate: 91.8%Owner-occupied households

Oakland ZIP codes (New Jersey)

Census ZCTAs whose delivery area overlaps Oakland.

The Oakland NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

07436

What the numbers mean in Oakland borough

Housing cost measured against local earnings.

A household earning the Oakland borough median would spend about 10.8% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.2% of residents and 91.8% of households own their home.

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

Oakland borough, NJ in context

How this area compares with national benchmarks.

Oakland borough is a mid-size town in New Jersey, with 12,700 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #108 of 700 ranked by population — larger than 84% of them. The median age here is 41.9 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Oakland borough earn a median of $162,862 a year, 107.4% above the national figure of $78,538 and 52% above the $106,926 median for the 543 New Jersey cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 3.2% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Oakland borough is valued at $567,200, 86.9% above the national figure and 38% above the $412,500 peer median, while median gross rent runs $1,462 a month, 4% above the national figure, or roughly $17,544 across a full year. A household on the local median income would put about 10.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 91.8% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in New Jersey.

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Frequently asked questions

Common questions about this area.

What is the population of Oakland borough?: Oakland borough has 12,700 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #108 of 700 in New Jersey.
What is the median household income in Oakland borough?: Median household income in Oakland borough is $162,862 a year, 107.4% above the national figure of $78,538.
How much does it cost to rent or buy in Oakland borough?: Median gross rent is $1,462 a month and the median home value is $567,200, so rent absorbs about 10.8% of median household income.
Is Oakland borough affordable compared with the rest of the US?: Homes cost about 3.5× the local median income here versus roughly 3.9× nationally, so Oakland borough is more affordable to buy in than the typical US market, and rent takes 10.8% of median income against the 30% cost-burden line.
How current is this Oakland borough data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.