Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.1 yrs |
|---|---|
| Avg HH Size | 2.35 |
| Below Poverty | 13.3% ▲ 33% above avg |
| College Grads | 30.1% ▼ 22% below avg |
| Unemployment | 6.6% ▲ 34% above avg |
| HS Graduate | 154 (22.6%) |
| Some College | 114 (16.7%) |
| Associates | 208 (30.5%) |
| Bachelors | 61 (9%) |
| Graduate Degree | 144 (21.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,163 ▼ 19% below avg |
|---|---|
| Median Home Value | $143,300 ▼ 49% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $1,152/mo |
| Total Housing Units | 422 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oakfield is a city in Tennessee, located in Madison County. The city spans 1 ZIP code and is home to approximately 991 residents. It is a middle-aged city, with a median age of 41.1 years.
Economically, Oakfield is a solidly middle-class community. The median household income of $62,163 is below the national average. Approximately 13.3% of residents live below the poverty line. The unemployment rate is 6.6%, 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 $143,300, which is below the national average. Renters typically pay around $1,152 per month. Homeownership is high at 73.2%, typical of suburban and family-oriented communities.
The population of Oakfield is moderately educated. 30.1% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (69.63%).
Oakfield, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38362 | 991 | $62,163 | $143,300 | $1,152 | 6.6% | 30.1% | 73.2% |