Oaktown, IN

Census Place

2024 Population

860

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

48.7

0.205% 1-year decrease

2024 Poverty Rate

3.65%

30.4% 1-year decrease

2024 Median Household Income

$38,333

26% 1-year growth

2024 Median Property Value

$65,200

Population & Diversity

Oaktown, IN is home to a population of 860 people, from which 100% are citizens.

In 2024, there were 38.7 times more White (Non-Hispanic) residents (812 people) in Oaktown, IN than any other race or ethnicity. There were 21 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 21 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Oaktown, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Oaktown, IN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Oaktown, IN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Oaktown, IN

White (Non-Hispanic)
812 ± 254
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
21 ± 18
White (Hispanic)
21 ± 22

3.14%

Hispanic Population

27 people

3.14% of the people in Oaktown, IN are hispanic (27 people).

The following chart shows the 8 races represented in Oaktown, IN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Military

Veterans

Most Common Service Period

Vietnam
24 ± 23
Gulf War (2001-)
21 ± 31
Gulf War (1990s)
13 ± 26

Oaktown, IN has a large population of military personnel who served in Vietnam, 1.14 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Oaktown, IN.

Economy

The economy of Oaktown, IN employs 357 people. In 2024, the largest industries in Oaktown, IN were Retail Trade (97 people), Construction (48 people), and Health Care & Social Assistance (36 people), and the highest paying industries were Construction ($55,556), Mining, Quarrying, & Oil & Gas Extraction ($54,531), and Agriculture, Forestry, Fishing & Hunting, & Mining ($52,656).

Employment

Occupations

357

2024 Value

± 140

15.9%

1 Year growth

± 51.1%

From 2023 to 2024, employment in Oaktown, IN grew at a rate of 15.9%, from 308 employees to 357 employees.

The most common job groups, by number of people living in Oaktown, IN, are Food Preparation & Serving Related Occupations (66 people), Construction & Extraction Occupations (48 people), and Office & Administrative Support Occupations (35 people). This chart illustrates the share breakdown of the primary jobs held by residents of Oaktown, IN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

357

2024 Value

± 140

15.9%

1 Year growth

± 51.1%

From 2023 to 2024, employment in Oaktown, IN grew at a rate of 15.9%, from 308 employees to 357 employees.

The most common employment sectors for those who live in Oaktown, IN, are Retail Trade (97 people), Construction (48 people), and Health Care & Social Assistance (36 people). This chart shows the share breakdown of the primary industries for residents of Oaktown, IN, though some of these residents may live in Oaktown, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$48,393

Median earning men ± $11,593

$24,494

Median earning women ± $9,233

The industries with the best median earnings for men in 2024 are Construction ($56,111), Agriculture, Forestry, Fishing & Hunting, & Mining ($53,438), and Manufacturing ($49,250).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($51,607), Educational Services, & Health Care & Social Assistance ($33,750), and Retail Trade ($24,058).

Housing & Living

The median property value in Oaktown, IN was $65,200 in 2024, which is 0.196 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $67,700 to $65,200, a 3.69% decrease. The homeownership rate in Oaktown, IN is 59.3%, which is lower than the national average of 65.2%.

People in Oaktown, IN have an average commute time of 22.2 minutes, and they drove alone to work. Car ownership in Oaktown, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$65,200

Median Property Value 2024

±$16,114

$230

Median Property Taxes

±$119

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Oaktown, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Oaktown, IN compared to it's parent and neighbor geographies.

Rent vs Own

59.3%

Homeownership

2024

43.3%

Homeowners with Mortgage

2024

In 2024, 59.3% of the housing units in Oaktown, IN were occupied by their owner. This percentage declined from the previous year's rate of 61.9%.

This chart shows the percentage of owner in Oaktown, IN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$38,333

Median Household Income

± $23,353

388

Number of Households

± 137

In 2024, the median household income of the 388 households in Oaktown, IN grew to $38,333 from the previous year's value of $30,417.

The following chart displays the households in Oaktown, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $20k - $25k range.

Wage Distribution

The closest comparable wage GINI for Oaktown, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (93.5%)
Carpooled (3.67%)
Worked At Home (1.69%)

In 2024, 93.5% of workers in Oaktown, IN drove alone to work, followed by those who carpooled to work (3.67%) and those who worked at home (1.69%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

22.2 minutes

Average Travel Time

Using averages, employees in Oaktown, IN have a shorter commute time (22.2 minutes) than the normal US worker (26.4 minutes). Additionally, 1.72% of the workforce in Oaktown, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Oaktown, IN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Oaktown, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Oaktown, IN have 2 cars.

Poverty

Poverty & Diversity

3.65% of the population for whom poverty status is determined in Oaktown, IN (30 out of 822 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Males 55 - 64 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Oaktown, IN is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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