Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 59.2 yrs |
|---|---|
| Avg HH Size | 2.03 |
| Below Poverty | 6.9% ▼ 31% below avg |
| College Grads | 21.4% ▼ 45% below avg |
| Unemployment | 7.6% ▲ 56% above avg |
| No HS Diploma | 3 (0.5%) |
| HS Graduate | 275 (49.8%) |
| Some College | 47 (8.5%) |
| Associates | 109 (19.7%) |
| Bachelors | 52 (9.4%) |
| Graduate Degree | 66 (12%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,696 ▼ 39% below avg |
|---|---|
| Median Home Value | $114,300 ▼ 59% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $575/mo |
| Total Housing Units | 509 |
| Vacant Units | 187 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oakfield is a city in Maine, located in Aroostook County. The city spans 1 ZIP code and is home to approximately 653 residents. It is an older city, with a median age of 59.2 years.
Economically, Oakfield is a working-class community. The median household income of $46,696 is below the national average. Approximately 6.9% of residents live below the poverty line. The unemployment rate is 7.6%, significantly above the national average.
The real estate market in Oakfield is one of the more affordable housing markets in the country. Median home values stand at $114,300, which is well below the national average. Renters typically pay around $575 per month. Homeownership is high at 73.9%, typical of suburban and family-oriented communities.
The population of Oakfield is less-educated. 21.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.41%).
Oakfield, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04763 | 653 | $46,696 | $114,300 | $575 | 7.6% | 21.4% | 73.9% |