Income & Economy in Oakland, MO

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$118,438

+62% vs national

Per Capita Income

$55,094

+48% vs national

Poverty Rate

4.1%

-70% vs national

Gini Index

0.3957

0 = perfect equality

Unemployment

7.0%

+35% vs national

SNAP Recipients

1.3%

of households

How Oakland Compares

Source: Census ACS (2023)

Oakland vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Oakland is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Oakland. The median household income here is $118,438.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
5.0%
$25-50K
9.8%
$50-75K
13.3%
$75-100K
12.1%
$100-150K
27.8%
$150-200K
12.3%
$200K+
19.9%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.0%

+50% vs MO avg

Labor Force

640

Employed

595

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

45.1%

of adults 25+

High School Diploma+

57.6%

of adults 25+

Median Age

52.5

Work from Home

18.3%

of workers

The median household income in Oakland, MO is $118,438, which is 61.7% above the national average of $73,224. Per capita income is $55,094. The poverty rate of 4.1% is lower than the MO state average of 16.6%. The Gini index of income inequality is 0.3957, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.0%, compared to the state average of 4.7%. 45.1% of adults hold a bachelor's degree or higher.