City

Oakwood, OK

1 ZIP code  ·  Dewey County  ·  Oklahoma

👥248Population
💰$48,750Median HH Income▼ 36% below avg
🎂60.1Median Age
🏠$90,000Median Home Value▼ 68% below avg
🎓21.6%College Grads▼ 44% below avg
📊2.1%Unemployment▼ 56% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.4% Female 45.6% ♀

Race & Ethnicity

White: 75%Hispanic: 2%Other: 18.6%Race
White75.0%
Hispanic2.0%
Other18.6%

Age Breakdown

Under 5
3%
5–17
12%
18–24
8%
25–44
9%
45–64
34%
65+
11%

Key Indicators

Median Age60.1 yrs
Avg HH Size2.10
Below Poverty28.2% ▲ 182% above avg
College Grads21.6% ▼ 44% below avg
Unemployment2.1% ▼ 56% below avg
HS Graduate68 (39.8%)
Some College17 (9.9%)
Associates49 (28.7%)
Bachelors18 (10.5%)
Graduate Degree19 (11.1%)

Education

HS Grad: 39.8%Some College: 9.9%Associates: 28.7%Bachelors: 10.5%Graduate: 11.1%Edu
HS Grad39.8%
Some College9.9%
Associates28.7%
Bachelors10.5%
Graduate11.1%
Housing & Income

Housing Tenure

Owner: 81.4%Renter: 18.6%Tenure
Owner81.4%
Renter18.6%

Home Value Distribution

Under $50k
25%
$50k–$100k
27%
$100k–$150k
30%
$150k–$200k
6%
$200k–$300k
8%
Over $500k
3%

Financials

Median HH Income$48,750 ▼ 36% below avg
Median Home Value$90,000 ▼ 68% below avg
Home/Income Ratio1.8x (nat avg ~3.5x)
Median Rent$1,042/mo
Total Housing Units156
Vacant Units38

Income Distribution

Under $25k
25%
$25k–$50k
21%
$50k–$75k
23%
$75k–$100k
17%
$100k–$150k
12%
$150k–$200k
3%
Employment & Commute

How People Get to Work

Drove Alone
96%
Work From Home
4%

Commute Time

Under 15 min
38%
15–30 min
42%
30–45 min
12%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
9%
1960s–1970s
21%
1980s–1990s
13%
2000+
56%
About Oakwood, OK

Oakwood is a city in Oklahoma, located in Dewey County. The city spans 1 ZIP code and is home to approximately 248 residents. It is an older city, with a median age of 60.1 years.

Economically, Oakwood is a working-class community. The median household income of $48,750 is below the national average. Approximately 28.2% of residents live below the poverty line. The unemployment rate is 2.1%, well below the national average.

The real estate market in Oakwood is one of the more affordable housing markets in the country. Median home values stand at $90,000, which is well below the national average. Renters typically pay around $1,042 per month. Homeownership is high at 81.4%, typical of suburban and family-oriented communities.

The population of Oakwood is less-educated. 21.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (75%).

Oakwood, OK offers residents a cost-conscious lifestyle within Oklahoma.

ZIP Codes in Oakwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
73658 248 $48,750 $90,000 $1,042 2.1% 21.6% 81.4%