Oakwood is a small town of 9,496 in Ohio, with a median household income of $132,722
and a 2.2% unemployment rate.
Its cost of living index is 92 (US average = 100), which is
8% below the national average.
Strengths:
Oakwood stands out for an affordable cost of living, solid school ratings (A), a well-educated population, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Oakwood is right for you depends on your priorities — the full breakdown is below.
All Oakwood city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.3
Oakwood's overall cost of living index is 92.3,
where 100 represents the US national average.
Living in Oakwood costs roughly 8% less than the average American city.
Metric
Oakwood, OH
National Avg
Median Home Value
$313,300
$244,900
Median Monthly Rent
$1,330
$1,163
Homeownership Rate
81.2%
65.9%
Median Household Income
$132,722
$74,755
Crime & Safety
Near National Average
Oakwood's violent crime rate is 474.7 per 100,000 residents
— 25% higher than the national average of ~380 per 100,000.
Violent Crime
474.7 /100k
Property Crime
2160.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Oakwood is served primarily by Oakwood City.
The student-to-teacher ratio is 15.5:1
(better than the national average of ~16:1).
Metric
Oakwood, OH
National Avg
School District
Oakwood City
—
Elementary Schools
3
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
15.5:1
16:1
Bachelor's Degree or Higher
73.4%
35.4%
High School Diploma or Higher
98.8%
91.1%
Weather & Climate
Oakwood sees average highs of 36.3°F in January
and 86.7°F in July,
with 41.6 inches of annual precipitation
and 12.3 inches of snow per year.
Oakwood's cost of living index is 92, where 100 is the national average.
That makes Oakwood roughly 8% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $313,300 and median rent is $1,330/month.
Oakwood's violent crime rate is 474.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2160.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Oakwood are operated by Oakwood City.
The district has 3 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 15.5:1. 73.4% of adults 25+ hold a bachelor's degree or higher.
Oakwood, OH has a population of 9,496, a median household income of $132,722, and an unemployment rate of 2.2%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Oakwood averages 36.3°F in January and 86.7°F in July. Annual rainfall is 41.6 inches
with about 12.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Oakwood, OH is covered by 1 ZIP code: 45419.
The population of Oakwood, Ohio is 9,496 with a median age of 40.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Oakwood: cost of living index 92 (100 = US average), median home $313,300, median household income $132,722, crime index 116 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Oakwood side by side with your current city to see the trade-offs.
