Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs |
|---|---|
| Avg HH Size | 1.93 |
| Below Poverty | 12.2% ▲ 22% above avg |
| College Grads | 15.9% ▼ 59% below avg |
| Unemployment | 1.0% ▼ 80% below avg |
| No HS Diploma | 12 (1.4%) |
| HS Graduate | 379 (45.3%) |
| Some College | 207 (24.7%) |
| Associates | 106 (12.7%) |
| Bachelors | 87 (10.4%) |
| Graduate Degree | 46 (5.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,202 ▼ 45% below avg |
|---|---|
| Median Home Value | $85,600 ▼ 69% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $680/mo |
| Total Housing Units | 721 |
| Vacant Units | 98 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oaktown is a city in Indiana, located in Knox County. The city spans 1 ZIP code and is home to approximately 1,293 residents. It is a mature city, with a median age of 48.8 years.
Economically, Oaktown is a working-class community. The median household income of $42,202 is below the national average. Approximately 12.2% of residents live below the poverty line. The unemployment rate is 1.0%, well below the national average.
The real estate market in Oaktown is one of the more affordable housing markets in the country. Median home values stand at $85,600, which is well below the national average. Renters typically pay around $680 per month. Homeownership is high at 64.7%, typical of suburban and family-oriented communities.
The population of Oaktown is less-educated. 15.9% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (95.9%).
Oaktown, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47561 | 1,293 | $42,202 | $85,600 | $680 | 1.0% | 15.9% | 64.7% |