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CITY

Oakfield

Maine · 449 residents · 3.384 sq mi
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The short version

Oakfield has notably lower household income than the US average, with a median household income of $45,272. Population has declined 3% since 2023. 8% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $68,600. With a median age of 57.3, the population is older than the US median of 38.9. Households here earn about 39% less than the Maine median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 57.3
US median: 38.9
Less educated
8% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
449
−3%since 2023
from 464 in 2023
2020 – 2024
Population density
133 / sq mi
−3%since 2023
from 137 / sq mi in 2023
US average: 281
Median age
57.3
−5%since 2023
from 60.1 in 2023
US average: 38.9
Population, 2020 – 2024
36939542144747320202024Oakfield
2024449
20202024
Section 02

Income & economy

Median household income
$45,272
−6%inflation adjusted, since 2023
from $46,719 in 2023
US average: $82,259
2020 – 2024
Per capita income
$28,718
Unchangedsince 2023
from $28,630 in 2023
US average: $44,673
Households earning $100K+
31.9%
+0.4 ptssince 2023
from 31.5% in 2023
US average: 53.3%
Poverty rate
9.4%
+4.0 ptssince 2023
from 5.4% in 2023
US average: 12.5%
Income inequality (Gini)
0.407
+9%since 2023
from 0.374 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade28.7%
US avg: 9.9%
Finance & insurance16.3%
US avg: 5.9%
Professional, scientific, technical16.3%
US avg: 5.1%
Information9%
US avg: 10.8%
Other services6.2%
US avg: 6.7%
Public administration6.2%
US avg: 4.8%
Transportation & warehousing4.5%
US avg: 2.2%
Agriculture, forestry, fishing1.1%
US avg: 1.6%
Construction1.1%
US avg: 1.2%
Wholesale trade1.1%
US avg: 6.9%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$68,600
−1%inflation adjusted, since 2023
from $67,100 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$567
−4%inflation adjusted, since 2023
from $575 in 2023
US average: $1,442
Owner-occupied
56.0%
−5.5 ptssince 2023
from 61.5% in 2023
44.0% rent
Vacancy rate
25.0%
+6.3 ptssince 2023
from 18.7% in 2023
US average: 10.0%
Owner cost-burdened
18.1%
+12.8 ptssince 2023
from 5.3% in 2023
US average: 22.9%
Renter cost-burdened
20.9%
+3.8 ptssince 2023
from 17.1% in 2023
US average: 47.4%
Afford Score
1.5
+6%since 2023
from 1.4 in 2023
2020 – 2024
RELATED:See current rent listings in Oakfield on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic93.5%(434)
Black0%(0)
Hispanic / Latino1.5%(7)
Asian1.9%(9)
Other3%(14)
Diversity Score15.5%(72)
2024
White, non-Hispanic95.8%(430)
Black0%(0)
Hispanic / Latino2.4%(11)
Asian0%(0)
Other1.8%(8)
Diversity Score10.2%(46)
Diversity Score
10
−34%since 2023
from 15 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
8.4%
−2.3 ptssince 2023
from 10.7% in 2023
US average: 35.6%
High school or higher
95.9%
+0.9 ptssince 2023
from 95.0% in 2023
US average: 89.6%
Graduate degree
1.1%
+0.3 ptssince 2023
from 0.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.3 min
+9%since 2023
from 15.0 min in 2023
US average: 26.5
Drive alone to work
89.0%
+10.5 ptssince 2023
from 78.5% in 2023
US average: 68.9%
Carpooled to work
2.9%
−5.0 ptssince 2023
from 7.9% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
8.1%
−2.9 ptssince 2023
from 11.0% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
13.5%
+3.2 ptssince 2023
from 10.3% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.7%
−2.1 ptssince 2023
from 4.8% in 2023
US average: 5.2%
Labor force participation
46.4%
−2.6 ptssince 2023
from 49.1% in 2023
US average: 63.5%
Self-employed
6.2%
+2.6 ptssince 2023
from 3.6% in 2023
US average: 13.1%
Management & professional
28.7%
+0.7 ptssince 2023
from 27.9% in 2023
US average: 42.5%
Section 08

People & community

Male
48.1%
−2.5 ptssince 2023
from 50.6% in 2023
Female
51.9%
+2.5 ptssince 2023
from 49.4% in 2023
Foreign born
4.2%
−2.2 ptssince 2023
from 6.5% in 2023
US average: 14.1%
Veterans
12.7%
−1.3 ptssince 2023
from 14.0% in 2023
US average: 6.2%
With a disability
26.7%
−0.7 ptssince 2023
from 27.4% in 2023
US average: 13.3%
Uninsured
8.9%
−5.1 ptssince 2023
from 14.0% in 2023
US average: 8.4%
Broadband at home
84.5%
+4.7 ptssince 2023
from 79.8% in 2023
US average: 91.0%
English only at home
96.8%
+2.3 ptssince 2023
from 94.5% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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OAKFIELD VS
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OAKFIELD VS
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OAKFIELD VS
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Frequently asked

How many people live in Oakfield, Maine?

Oakfield, Maine has about 449 residents according to the 2024 American Community Survey.

What is the median household income in Oakfield, Maine?

The typical household in Oakfield, Maine earns about $45,272 a year. Half of households make more than that, and half make less.

Is Oakfield, Maine expensive?

In Oakfield, Maine, the median home is worth about $68,600, and the typical rent is about $567 a month.

How educated are people in Oakfield, Maine?

About 8.4% of adults age 25 and over in Oakfield, Maine hold a bachelor's degree or higher.

What is the poverty rate in Oakfield, Maine?

About 9.4% of people in Oakfield, Maine live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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