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Oakland, ME Profile: Facts & Data

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Oakland, Maine - Basic Facts

The Oakland CDP(1) had a population of 2,606 as of July 1, 2024.

The primary coordinate point for Oakland is located at latitude 44.5403 and longitude -69.722 in Kennebec County. The formal boundaries for the Oakland Census Designated Place encompass a land area of 5.41 sq. miles and a water area of 0.3 sq. miles. Kennebec County is in the Eastern time zone (GMT -5).

The Oakland Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Oakland Census Designated Place is located within Town of Oakland, a minor civil division (MCD) of Kennebec County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Oakland 2024 Demographic Data
  2. Growth Rates for Oakland (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maine Research Tools (Easy Tools & Current Data)
  3. Maine Data Comparison Tool - 2024 Demographics
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Oakland, ME Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 2,606 (100%)
Population in Households 2,606 (100.0%)
Population in Families 1,866 (71.6%)
Population in Group Quarters1 0
Population Density 482
Diversity Index2 18
 
 

INCOME

Median Household Income $72,348
Average Household Income $92,929
% of Income for Mortgage4 22%
Per Capita Income $43,326
Wealth Index5 82
Socioeconomic Status Index6 Moderate (56.3)
 

HOUSING

Total HU (Housing Units) 1,350 (100%)
Owner Occupied HU 860 (63.7%)
Renter Occupied HU 355 (26.3%)
Vacant Housing Units 135 ( 10.0%)
Median Home Value $256,222
Average Home Value $252,733
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 1,215
Average Household Size 2.14
Family Households 740
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 0.64% 0.24%
Households 0.79% 0.73%
Families   0.64%
Median Household Income   3.67%
Per Capita Income   3.38%
Owner Occupied HU   0.78%

Oakland, ME - Peer Comparisons by Rank and Percentile

The table below compares Oakland to the other 155 incorporated cities, towns and CDPs in Maine by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 56 65th
Population Density # 77 51st
Median Household Income # 56 65th
Housing Affordability Index # 98 63rd
Per Capita Income # 47 70th
Diversity Index # 88 45th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maine Census Data Comparison Tool.

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