Oak City, NC Profile: Facts & Data

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Oak City, North Carolina - Basic Facts

The Town of Oak City had a population of 331 as of July 1, 2019.

The primary coordinate point for Oak City is located at latitude 35.9638 and longitude -77.308 in Martin County. The formal boundaries for the Town of Oak City encompass a land area of 0.46 sq. miles and a water area of 0 sq. miles. Martin County is in the Eastern time zone (GMT -5). The elevation is 82 feet.

The Town of Oak City (GNIS ID: 2407014) 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.

The Town of Oak City is located within Township of Goose Nest, a minor civil division (MCD) of Martin County.


Jump to... (On This Page!)
  1. Oak City 2019 Demographic Data
  2. Growth Rates for Oak City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Oak City, NC Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Oak City, NC Housing Affordability Index is 227
State of North Carolina Housing Affordability Index is 140
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.

WEALTH INDEX

Oak City, NC Wealth Index is 43
State of North Carolina Wealth Index is 84
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the North Carolina COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 331 (100%)
Population in Households 331 (100.0%)
Population in Families 266 (80.4%)
Population in Group Quarters1 0
Population Density 721
Diversity Index2 60
 

INCOME

Median Household Income $33,402
Average Household Income $46,200
Per Capita Income $20,624
Wealth Index4 43

HOUSING

Total Housing Units 199 (100%)
Owner Occupied HU 112 (56.3%)
Renter Occupied HU 40 (20.1%)
Vacant Housing Units 47 (23.6%)
Median Home Value $79,000
Housing Affordability Index3 227
 

HOUSEHOLDS

Total Households 152
Average Household Size 2.18
Family Households 95
Average Family Size 3
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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.47% 0.0%
Households 0.44% 0.0%
Families 1.08% 0.0%
Median Household Income   3.44%
Per Capita Income   2.65%

Oak City, NC - Peer Comparisons by Rank and Percentile

The table below compares Oak City to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2019 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 # 632 15th
Population Density # 351 53rd
Diversity Index # 206 72nd
Median Household Income # 647 13th
Per Capita Income # 548 26th

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

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