According to statistics, the population in Oakland, MD amounts to 1,744, which shows decline -13% compared to the previous year. The median age of the city’s residents is 53. The average household income is $32,600, shifting decline -1% from the past year, and the average property value in Oakland, MD decline -7% to $163,600 throughout the year.
|Number Of Employees||715|
|Median Property Value||$163,600|
The average household income in Oakland, MD declined from $32,917 to $32,600 in the past year. This data is an estimate based upon 820 households in Oakland, MD . The chart below presents how household income is distributed in Oakland, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Oakland, MD shifted from $176,500 to $163,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Oakland, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Oakland, MD properties falls in the '$175,000 to $199,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Oakland, MD compared to median property taxes around the country. The prevalent amount of property taxes in Oakland, MD equals $1150, which is less than the national average.