Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Georgia, Oakwood is a small-sized city with a population of 4,191 inhabitants. More than a quarter of the residents of Oakwood identify themselves as Hispanic or Latino, and 27% of the population speak Spanish as their primary or secondary language. With an average age of 29 years old, Oakwood could be a great place to live for young adults as this age is well below the national average. In Oakwood, only 41% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Oakwood is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Oakwood could be a positive experience compared to other cities in Georgia if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Oakwood, AreaVibes has created a livability score using key metrics like amenities, crime, health & safety, housing and more.
The livability score in Oakwood is 64/100 and the city is ranked in the 56th percentile of all cities across America. If we examine each of the categories on their own, we see that Oakwood ranks well for crime (A+), cost of living (A+) and housing (A+). On a less positive note, Oakwood does not have favorable scores for the following: amenities (F) and education (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Oakwood, the unemployment rate stands at 2.09%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Oakwood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Oakwood is real estate affordability. The median home price for Oakwood homes is $143,900, which is 5.6% lower than the Georgia average. If we take a closer look at the affordability of homes in Oakwood, we’ll see that the home price to income ratio is 3.3, which is 10% higher than the Georgia average.
| Statistic | Oakwood | Georgia | National |
| Average one way commute | 24min | 28min | 26min |
| Workers who drive to work | 81.6% | 79.6% | 76.4% |
| Workers who carpool | 11.8% | 10.1% | 9.3% |
| Workers who take public transit | 1.6% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 1.3% | 1.6% | 2.8% |
| Working from home | 1.1% | 5.1% | 4.6% |
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