The Town of Oakland had a population of 7,510 as of July 1, 2016. Oakland ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Tennessee. See peer rankings below.
The primary coordinate point for Oakland is located at latitude 35.2261 and longitude -89.5382 in Fayette County. The formal boundaries for the Town of Oakland (see map below) encompass a land area of 10.25 sq. miles and a water area of 0.03 sq. miles. Fayette County is in the Central time zone (GMT -6). The elevation is 381 feet.
The Town of Oakland (GNIS ID: 2407026) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Oakland population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.
|Population in Households||7,510|
|Population in Familes||6,668|
|Population in Group Qrtrs||0|
|Average Household Size||2.64|
|Average Family Size||3|
|Total Housing Units||3,049 (100%)|
|Owner Occupied HU||2,535 (83.1%)|
|Renter Occupied HU||311 (10.2%)|
|Vacant Housing Units||203 ( 6.7%)|
|Median Home Value||$185,334|
|Average Home Value||$201,135|
|Median Household Income||$63,206|
|Average Household Income||$76,791|
|Per Capita Income||$28,834|
|(Compound Annual Growth Rates)|
|Median Household Income||2.13%|
|Per Capita Income||2.09%|
The table below compares Oakland to the other 427 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2016 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.
|Total Population||# 78||82nd|
|Population Density1||# 144||67th|
|Diversity Index2||# 92||79th|
|Median Household Income||# 34||92nd|
|Per Capita Income||# 44||90th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.