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Cost of living, pay and housing

38.87° N · 87.44° W · GEOID 1855800

Oaktown

Knox County, Indiana · part of the Vincennes, IN metro

Limited data population under 5,000

IndianaOaktown, INOaktownOaktown

The short answer

Oaktown is home to 860 people. Median household income is $38,333 a year and median rent is $697 a month, 21.8% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $65,200, about 1.7x annual median household income.

Median gross rent
$697
49% below the median place
Median household income
$38,333
52% below the median place
Median home value
$65,200
80% below the median place
Unemployment
3.1%
36% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Oaktown

  • Between the 2019 and 2024 surveys, rent rose 5.1% a year while household income rose -2.9%, so rent outran pay by more than in 96% of the 2,476 places under 10,000 people we track. It is the 2nd-highest of 131 Indiana places.
  • 5% of adults hold a bachelor's degree or higher, a smaller share than in 99% of places its size. It is the lowest of 132 Indiana places.
  • The median home is valued at $65,200, less than in 99% of places its size. It is the lowest of 132 Indiana places.
  • 0% of residents were born outside the US, fewer than in 99% of places its size. It is the lowest of 103 Indiana places.
  • The median household earns $38,333 a year, less than in 96% of places its size. It is the 2nd-lowest of 132 Indiana places.
01

Moving to Oaktown

Knox County loses about 3.6 residents per 1,000 a year to moves between counties.

Moved in1,201
Moved out1,304
Net−103

Where people come from and where they go, top counties

Lawrence County, IL94114−20
Sullivan County, IN6152+9
Pike County, IN3643−7

Within Indiana, other states or abroad

Arrivals
Leavers
Within IndianaOther states

Income per tax return

Arrivals$44K
Leavers$48K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Knox County; flows under 20 returns are not published.

Who moves here
5.9% of residents arrived from another county in the past year, 0.0% from another state. County figure.
Who arrives and who leaves
Households moving into Knox County report $44,100 a year in income on average; those leaving, $48,400, so leavers earn more than newcomers.
Income you would need
$27,900 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $697 a month; owners with a mortgage pay $1,039 a month including taxes and insurance, on a median home of $65,200.
Getting to work
22 minutes each way on average; 2.3% work from home.
If it is close but not quite
Turtle Creek, PA matches it on character. Compare the two
Moved from another state1
0.0%
below the median place (median 2.0%)
Income of households moving in7
$44,089
38% below the median place
Income of households moving out7
$48,439
31% below the median place
All 5 moving measures
MeasureOaktownAmong 6,645 placesVs median
Moved here in the past year1County figure5.9%2% above
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people7County figure-3.6below (median -0.6)
Income of households moving in7County figure$44,08938% below
Income of households moving out7County figure$48,43931% below
02

What it costs to live here

Median home value is $65,200, 80% below the median place.

Oaktown21.8%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$27,880
a year, at the 30% line
Rent to income
21.8%
7% above the median place
Home price to income
1.7x
55% below the median place

Could you afford it?

The median rent would take
22%
comfortably under the 30% line
Left after rent, in US prices
$29,600
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Oaktown, $697 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Oaktown.

Sponsored · exampleMoving to Oaktown? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Median home value1
$65,200
80% below the median place
Owner costs with a mortgage1
$1,039
44% below the median place
Property tax rate1
1.4%
57% above the median place
All 15 cost and housing measures
MeasureOaktownAmong 6,645 placesVs median
Median gross rent1$69749% below
Rent to income121.8%7% above
Property tax rate11.4%57% above
Home price to income11.7x55% below
Fair market rent, 2 bedrooms2County figure$1,01437% below
HUD area median income3County figure$85,40020% below
Property tax paid (median)1County figure$93371% below
Median home value1$65,20080% below
Home prices, 1-year change4County figure3.3%3% above
Home prices, 5-year change4County figure45.6%12% below
Homeownership159.3%11% below
Renters paying 30%+1County figure37.8%25% below
Owner costs with a mortgage1$1,03944% below
Vacant homes1County figure10.6%51% above
Median year built119730% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Median household income1
$38,333
52% below the median place
Income per person1
$24,809
38% below the median place
All 10 work and pay measures
MeasureOaktownAmong 6,645 placesVs median
Median household income1$38,33352% below
Income per person1$24,80938% below
Unemployment1County figure3.1%36% below
Average annual pay5County figure$53,53819% below
Pay growth, 1 year5County figure5.0%35% above
Jobs5County figure16,81189% below
Poverty rate1County figure13.7%27% above
Mean commute122 min11% below
Works from home1County figure2.3%82% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Born abroad is 0.0%, below the median place (median 8.8%).

Born abroad1
0.0%
below the median place (median 8.8%)
Bachelor's or higher1
4.6%
86% below the median place
High school or higher1
72.2%
22% below the median place

More about who lives here, against the typical place

Median age48.7 +25%
Household size2.1 −15%
Homes with broadband86.6% −6%
All 9 people measures
MeasureOaktownAmong 6,645 placesVs median
Population18606646th largest
Population change since 20206-0.2%below (median 1.1%)
Median age148.725% above
Bachelor's or higher14.6%86% below
High school or higher172.2%22% below
Household size12.115% below
Born abroad10.0%below (median 8.8%)
No health insurance1County figure6.0%6% below
Homes with broadband186.6%6% below
05

Life in Oaktown

21 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Businesses per 10,000 residents (county figures)

Restaurants and bars18.9 −9%
Shops41.9 +38%
Arts, recreation and fitness2.5 −39%
Doctors' offices and clinics26.4 +31%
Child care centers3.6 +57%

Counts businesses with paid staff, so small owner-run shops are not included.

Shops per 10k8
41.9
38% above the median place
Child care centers per 10k8
3.6
57% above the median place
Arts, recreation and fitness per 10k8
2.5
39% below the median place
All 9 schools and local life measures
MeasureOaktownAmong 6,645 placesVs median
Public schools10County figure1344% above
Public school students10County figure5,0814% above
Students per teacher10County figure15.40% above
Restaurants and bars per 10k8County figure18.99% below
Shops per 10k8County figure41.938% above
Arts, recreation and fitness per 10k8County figure2.539% below
Doctors' offices and clinics per 10k8County figure26.431% above
Child care centers per 10k8County figure3.657% above
National Register listings9County figure2162% above
06

Safety, weather and risk

Wildfire risk is 8.2, 87% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Oaktown. Larger places are fetched first.

Wildfire risk12
8.2
87% below the median place
Good air days13
91.3%
33% above the median place
Natural hazard risk12
55.3
40% below the median place
All 11 weather and risk measures
MeasureOaktownAmong 6,645 placesVs median
July average high11County figure87°F1% above
January average low11County figure23°F10% below
Average temperature11County figure55°F1% above
Annual precipitation11County figure46.8 in7% above
Natural hazard risk12County figure55.340% below
Hurricane risk12County figure26.463% below
Tornado risk12County figure61.025% below
Wildfire risk12County figure8.287% below
Heat wave risk12County figure62.531% below
Median air quality index13County figure3616% below
Good air days13County figure91.3%33% above
08

Oaktown in 2030: where the trends point

If recent trends hold, the median rent will take about 23% of the median income in 2030, up from 22% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$697/mo (2024)$890/mo$730 to $1,090/mo+4.2%
Median household income$38,333 (2024)$46,500$39,000 to $55,000+3.2%
Median home value$65,200 (2024)$87,000$63,000 to $119,000+4.9%
Population576 (2025)580560 to 610+0.2%

The median home would be worth 1.9 years of the median income in 2030, against 1.7 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Oaktown

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Turtle Creek, PA$682$45,997Compare
Rockwood, TN$774$47,791Compare
Avon Park, FL$921$36,485Compare
Attalla, AL$743$59,215Compare
Attalla, ALAvon Park, FLRockwood, TNTurtle Creek, PAOaktown, INOaktownTurtle CreekRockwoodAvon ParkAttallaOaktownTurtle CreekRockwoodAvon ParkAttalla

Common questions

Is Oaktown a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2024 surveys, rent rose 5.1% a year while household income rose -2.9%, so rent outran pay by more than in 96% of the 2,476 places under 10,000 people we track. It is the 2nd-highest of 131 Indiana places. 5% of adults hold a bachelor's degree or higher, a smaller share than in 99% of places its size. It is the lowest of 132 Indiana places. See how it ranks with your own weights.

Is Oaktown expensive to live in?

The median rent takes 21.8% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $65,200.

What salary do you need to live in Oaktown?

To rent the median home without spending more than 30% of income on rent, a household needs about $27,880 a year. Work it out from your current city.

What places are similar to Oaktown?

On income, rent, home value, education and age, the closest matches are Turtle Creek, PA, Rockwood, TN, Avon Park, FL and Attalla, AL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  13. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Oaktown with places of a similar size, using only figures measured for Oaktown itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/oaktown-indiana

Citytistics. “Oaktown, Indiana.” Data as of 2026-11-14. https://www.citytistics.com/city/oaktown-indiana/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.