Oakboro, NC Profile: Facts & Data

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Oakboro, North Carolina - Basic Facts

The Town of Oakboro had a population of 2,014 as of July 1, 2019.

The primary coordinate point for Oakboro is located at latitude 35.2257 and longitude -80.3289 in Stanly County. The formal boundaries for the Town of Oakboro encompass a land area of 2.46 sq. miles and a water area of 0 sq. miles. Stanly County is in the Eastern time zone (GMT -5). The elevation is 518 feet.

The Town of Oakboro (GNIS ID: 2407023) 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 Oakboro is located within Township of Big Lick, a minor civil division (MCD) of Stanly County.

Alternate Unofficial Names for Oakboro: Furr City.

Jump to... (On This Page!)
  1. Oakboro 2019 Demographic Data
  2. Growth Rates for Oakboro (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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Oakboro, NC Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Oakboro, NC Housing Affordability Index is 174
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

Oakboro, NC Wealth Index is 57
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
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  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 2,014 (100%)
Population in Households 2,014 (100.0%)
Population in Families 1,740 (86.4%)
Population in Group Quarters1 0
Population Density 820
Diversity Index2 38
 

INCOME

Median Household Income $51,941
Average Household Income $62,665
Per Capita Income $24,775
Wealth Index4 57

HOUSING

Total Housing Units 876 (100%)
Owner Occupied HU 585 (66.8%)
Renter Occupied HU 189 (21.6%)
Vacant Housing Units 102 (11.6%)
Median Home Value $162,500
Housing Affordability Index3 174
 

HOUSEHOLDS

Total Households 774
Average Household Size 2.6
Family Households 568
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 0.87% 0.7%
Households 0.91% 0.74%
Families 0.59% 0.69%
Median Household Income   1.4%
Per Capita Income   2.5%

Oakboro, NC - Peer Comparisons by Rank and Percentile

The table below compares Oakboro 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 # 322 57th
Population Density # 301 59th
Diversity Index # 477 36th
Median Household Income # 256 65th
Per Capita Income # 357 52nd

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

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