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Oakland, NJ Area and Community Summary Information


Community Summary

Oakland New Jersey
Community Characteristics
Population 12,814 8,831,614
Population Density 1,489 1,136
Educational Climate Index 5
Median Age 39.92 37.31
Median Dwelling Age 42 38
In Current Residence 5+ years 53 % 38 %
Median Home Sale Price $468,000
Average household Income $118,745 $86,040
Median Value of Home Equity $302,076 $215,928
Median Mortgage Debt $695,099 $468,869
Total Household Expenditure 154 121
Total Crime Risk 10 75
Weather Risk 84 99
Air Pollution Index 107 103
Median Travel Time to Work 26.64 23.46
     

Population Characteristics

Oakland New Jersey
Population 12,814 8,831,614
Population Density 1,489 1,136
     
Male Population 6,308 4,311,153
Female Population 6,506 4,520,461
     
Population Change Since 1990 7 % 14 %
Population Change Since 2000 3 % 5 %
     

Age

Oakland New Jersey
Median Age 39.92 37.31
     
Population: Age 0-4 899 581,557
Population: Age 5-9 848 583,684
Population: Age 10-14 913 609,409
Population: Age 15-19 785 613,247
Population: Age 20-24 579 560,477
Population: Age 25-29 466 510,175
Population: Age 30-34 701 541,963
Population: Age 35-39 1,008 626,924
Population: Age 40-44 1,130 704,792
Population: Age 45-49 1,124 712,181
Population: Age 50-54 1,042 635,494
Population: Age 55-59 948 545,258
Population: Age 60-64 711 437,373
Population: Age 65-69 530 320,848
Population: Age 70-74 377 254,073
Population: Age 75-79 277 221,637
Population: Age 80-84 217 184,183
Population: Age 85+ 259 188,339
     

Race Distribution

Oakland New Jersey
Race: White 11,228 6,081,636
Race: American Indian, Eskimo, Aleut 6 21,897
Race: Asian or Pacific Islander 822 696,313
Race: Other 200 557,950
Race: Hawaiian / Pacific Islander 1 3,858
Race: Black 243 1,162,080
     

Hispanic Distribution

Oakland New Jersey
Population: Hispanic 746 1,407,295
Population: Not Hispanic 12,068 7,424,319
     

Education

Oakland New Jersey
Education: Less than 9th Grade 197 289,584
Education: Some High School 309 439,766
Education: High School Graduate 2,123 1,731,752
Education: Some College 1,308 933,688
Education: Associate Degree 663 381,166
Education: Bachelors Degree 2,617 1,340,718
Education: Graduate Degree 1,573 766,566
     

Marital Status

Oakland New Jersey
Never Married 1,843 1,968,191
Now Married 6,862 3,653,265
Separated 226 391,293
Widowed 592 514,216
Divorced 639 529,269
     

Households

Oakland New Jersey
Households 4,274 3,171,408
Average Household Size
     
Households: Family 3,514 2,178,614
Households: Non-Family 760 992,794
     
Households: With Children 1,993 1,148,009
Households: No Children 2,281 2,023,399
     

Housing Characteristics

Oakland New Jersey
Median Dwelling Age 42 38
Median Home Sale Price $468,000
Average household Income $118,745 $86,040
Median Value of Home Equity $302,076 $215,928
Median Mortgage Debt $695,099 $468,869
     

Home Ownership

Oakland New Jersey
Vacant Dwellings 174 324221
Owner-Occupied Dwellings 3995 2153048
Renter-Occupied Dwellings 279 1018360
     

Turnover

Oakland New Jersey
In Current Residence 5+ years 53 % 38 %
Annual Residential Turnover 11 % 14 %
     
Median Years in Residence 6.04 3.69
     

Income Characteristics

Oakland New Jersey
Median household income $108,763 $67,430
Average household Income $118,745 $86,040
Per capita income $40,413 $31,741
Median Disposable Income $83,203 $55,581
     

Income Growth

Oakland New Jersey
Change in Avg. Household Income Since 1990 69 % 65 %
Change in Avg. Household Income Since 2000 24 % 21 %
     

Household Income

Oakland New Jersey
Household Income: $0-$10,000 45 193,715
Household Income: $10,000-$15,000 17 103,152
Household Income: $15,000-$20,000 35 123,324
Household Income: $20,000-$25,000 96 129,213
Household Income: $25,000-$30,000 67 130,522
Household Income: $30,000-$35,000 73 124,949
Household Income: $35,000-$40,000 82 119,359
Household Income: $40,000-$45,000 135 131,613
Household Income: $45,000-$50,000 129 121,418
Household Income: $50,000-$60,000 207 255,092
Household Income: $60,000-$75,000 363 314,193
Household Income: $75,000-$100,000 644 449,500
Household Income: $100,000-$125,000 696 316,832
Household Income: $125,000-$150,000 502 205,267
Household Income: $150,000-$200,000 545 205,615
Household Income: $200,000-$250,000 226 77,239
Household Income: $250,000-$500,000 288 97,394
Household Income: $500,000+ 124 73,011
     

Median Income

Oakland New Jersey
Median Income: Age < 25 $67,500 $42,020
Median Income: Age 25-34 $98,785 $62,123
Median Income: Age 35-44 $110,875 $73,449
Median Income: Age 45-54 $125,000 $82,195
Median Income: Age 55-64 $105,018 $75,251
Median Income: Age 65-74 $98,734 $54,152
Median Income: Age 75+ $86,667 $41,057
     

Cost of Living Index

Oakland New Jersey
Total Household Expenditure 154 121
Contributions 183 131
Personal Insurance 176 129
Apparel 155 122
Education 184 132
Entertainment 157 122
Food And Beverages 145 119
Health Care 138 116
Household Furnishings And Equipment 164 125
Shelter 157 122
Household Operations 174 128
Miscellaneous Expenses 144 118
Personal Care 150 120
Reading 154 122
Tobacco 119 110
Transportation 149 119
Utilities 138 116
Gifts 175 129
     
Sales Tax Rate 7 %
     

Financial Characteristics

Oakland New Jersey
Median Household Net Worth $326,428 $197,269
Average Household Net Worth $978,644 $645,594
Median Value of Home Equity $302,076 $215,928
Median Mortgage Debt $695,099 $468,869
     

Net Worth

Oakland New Jersey
Net Worth: $0 or Less 321 326,321
Net Worth: $1-$5,000 349 367,566
Net Worth: $5,000-$10,000 219 200,412
Net Worth: $10,000-$25,000 457 370,210
Net Worth: $25,000-$50,000 565 417,831
Net Worth: $50,000-$100,000 744 530,540
Net Worth: $100,000-$250,000 980 650,708
Net Worth: $250,000-$500,000 431 268,774
Net Worth: Greater Than $500,000 274 156,229
     

Investments and Debt

Oakland New Jersey
Median Value of Transaction Accounts $48,841 $33,791
Median Value of Certificates of Deposit $10,734 $8,151
Median Value of Savings Bonds $1,683 $1,282
Median Value of Bonds (Not US Savings) $27,441 $16,713
Median Value of Stocks $83,557 $52,134
Median Value of Mutual Funds $64,366 $41,384
Median Value of Retirement Accounts $135,032 $88,868
Median Value of Cash Value Life Ins $11,357 $7,745
Median Value of Other Managed Accounts $31,399 $21,083
Median Value of Other Financial Assets $9,333 $6,061
Median Value of Any Financial Assets $423,742 $277,211
Median Value of Vehicles Owned $26,535 $20,543
Median Value of Investment Property Equity $78,218 $51,094
Median Value of Business Equity $54,667 $35,545
Median Value of Other Non-Financial Assets $222,619 $138,540
Median Value of Any Non-Financial Assets $10,984 $7,220
Median Installment Loan Debt $105,226 $75,190
Median Lines of Credit Debt $16,366 $10,408
Median Credit Card Debt $1,387 $893
Median Investment Real Estate Debt $11,465 $9,611
Median Other Debt $30,635 $19,775
Median Total Debts $388,072 $233,464
     

Occupation

Oakland New Jersey
     
Occupations: White Collar 5,933 3,366,292
Occupations: Blue Collar 1,701 802,169
     
Business Counts: Professional Specialty Occupations 1,226 716,164
Business Counts: Sales Professionals 221 111,188
Business Counts: Technologies and Technicians 263 159,088
Business Counts: Sales Workers and Clerks 836 386,930
Business Counts: Administrative Support 1,409 838,266
Business Counts: Technical, Sales and Administrative: Field Occupations 18 11,994
Business Counts: Private Household 3 136
Business Counts: Protective Services 127 83,977
Business Counts: Other Services: Site Based 819 499,367
Business Counts: Other Services: Field Based 20 23,417
Business Counts: Farming, Forestry, and Fishing 158 66,954
Business Counts: Precision, Craft, and Repair: Site Based 670 325,694
Business Counts: Construction, Repair and Mining: Field Based 227 107,282
Business Counts: Machine Operators, Assemblers and Inspectors 241 88,476
Business Counts: Transportation Materials Moving Workers 215 118,631
Business Counts: Handlers, Helpers and Laborers 190 95,132
     
Employees: Agricultural, Forestry, Fishing 168 34,345
Employees: Mining 4 1,730
Employees: Construction 421 154,244
Employees: Manufacturing 1,423 368,914
Employees: Transportation and Communications 163 207,355
Employees: Wholesale Trade 795 246,876
Employees: Retail Trade 1,524 836,372
Employees: Finance, Insurance and Real Estate 250 308,111
Employees: Services 2,712 1,735,810
Employees: Public Administration 174 274,705
     

Transportation & Commute

Oakland New Jersey
Median Travel Time to Work 26.64 23.46
Transportation to Work: Public 4 % 10 %
Transportation to Work: Drive / Carpool 90 % 84 %
Transportation to Work: Walk / Bike / Other 1 % 4 %
Transportation to Work: Work at Home 5 % 3 %
     

Crime Risk

Oakland New Jersey
Total Crime Risk 10 75
     
Personal Crime Risk 7 80
Murder Risk 6 87
Rape Risk 7 50
Robbery Risk 4 116
Assault Risk 9 67
     
Property Crime Risk 14 73
Burglary Risk 13 70
Larceny Risk 24 70
Motor Vehicle Theft Risk 6 98
     

Temperature & Rain

Oakland New Jersey
Average January High Temperature 35.6 38.93
Average January Low Temperature 18.4 21.45
Average July High Temperature 84.1 85.21
Average July Low Temperature 63.1 64.29
     
Annual Precipitation 48.78 47.39
     

Weather Risk Index

Oakland New Jersey
Weather Risk 84 99
Earthquake Risk 110 92
Hail Index 75 68
Hurricane Index 103 117
Tornado Index 53 66
Wind Index 123 190
     

Environmental Quality Index

Oakland New Jersey
Air Pollution Index 107 103
Ozone Index 121 108
Carbon Monoxide Index 107 112
Lead Index 97 83
NO2 Index 120 121
Particulate Matter Index 90 90
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
07436
$108,695
Median Value of Home Equity
Zip
1
07436
$301,962
Fastest Growing (change since 2000)
Zip
1
07436
3 %
Longest Commute
Zip
1
07436
26.66
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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