Oakham, MA
Maps & Population Facts

Population
1,849
Population Density
89
Labor Participaton
68.7%
Bachelor's or Higher
35.0%
Median Household Income
$85,938
Median Individual Income
$37,500
Median Individual Income(Full-time Workers Only)
$55,370

Housing Estimates

Median House Value
$278,200
Median Gross Rent
$1,201
Median Mortgage Payment
$1,812
Housing Units
718
People who reside in Oakham live in:
Detached - Single Family Homes
96%
Apt, Condo, Other
4%
Analysis

Income

Households in Oakham earn significantly more money than the national median income, averaging 42% higher per household.

Housing

Oakham has a median house price of $278,200. The cost of homeownership is slightly higher than most areas. The cost of renting in Oakham is 19% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 15%

Demographics

The median age in Oakham is 47. Oakham has a population that is significantly older than in comparison to the US median age.

Oakham ranks better than average for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Oakham Massachusetts USA
Median Property Value 278,200 385,400 217,600
Median Mortgage Payment 1,812 2,108 1,513
Median Gross Rent 1,201 1,208 1,012
Property Vacancy 5.4% 10.0% 12.6%
% Renters 6% 38% 36%
Residents per Sq. Mi. 89 885 93
Personal Comparison
Oakham Massachusetts USA
Median Household Income 85,938 77,385 60,336
Median Individual Income 37,500 41,700 33,646
Median Income (Full-Time) 55,370 60,923 46,881
Median Age 46.7 39.5 38.1
Labor Participation 68.7% 67.8% 62.8%
Attained College Degree 35.0% 43.4% 32.0%

Population Density Analysis

Oakham, MA
89
Residents per Sq. Mile
The population density of Oakham is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics