Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.1 yrs |
|---|---|
| Avg HH Size | 2.51 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 50.6% ▲ 30% above avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 4 (0.3%) |
| HS Graduate | 301 (26.1%) |
| Some College | 122 (10.6%) |
| Associates | 143 (12.4%) |
| Bachelors | 132 (11.4%) |
| Graduate Degree | 451 (39.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,207 ▲ 26% above avg |
|---|---|
| Median Home Value | $379,600 ▲ 36% above avg |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,208/mo |
| Total Housing Units | 697 |
| Vacant Units | 57 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oakham is a city in Massachusetts, located in Worcester County. The city spans 1 ZIP code and is home to approximately 1,623 residents. It is a mature city, with a median age of 50.1 years.
Economically, Oakham is a middle-income community. The median household income of $96,207 is above the national average. Approximately 6.0% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Oakham is a mid-range housing market. Median home values stand at $379,600, which is above the national average. Renters typically pay around $1,208 per month. Homeownership is high at 89.5%, typical of suburban and family-oriented communities.
The population of Oakham is well-educated. 50.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (91.13%).
Oakham, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01068 | 1,623 | $96,207 | $379,600 | $1,208 | 3.1% | 50.6% | 89.5% |