Census shows changes in local demographics

The estimated median house or condo value was $219,346 in 2010 which is nearly $40,000 greater than the value in 2000. The average median value for houses and condos across Ohio is $127,600, meaning that the house market in Oakwood is slightly less than double that for the state of Ohio.

Valued Property: The estimated median house or condo value was $219,346 in 2010 which is nearly $40,000 greater than the value in 2000. The average median value for houses and condos across Ohio is $127,600, meaning that the house market in Oakwood is slightly less than double that for the state of Ohio.

Oakwood holds a reputation for its acclaimed school district and high taxes, but the demographics of the city are changing.

The two most recent censuses from 2000 and 2010 are primary components in comparing demographics of the same city over time, creating trends and patterns for ages of residents, the average household size and income, as well as the percentage of different races.

In 2000 the average household size was 2.53 and in 2010 the household average was 2.58. This means that it increased minutely. In 2014 the national average was 2.54; these numbers are determined by dividing the number of people in households by the number of homes in the city.

Population in Oakwood has dropped by 1.7 percent since 2000 but despite this, diversity has increased only slightly. The percentage of Caucasian people in the city dropped by nearly 2 percent between 2000 and 2010. The African American population rose from .48 percent to .9 percent in the past two decades. The percentage of Asians also rose from .9 percent to 1.4 percent of the total population in Oakwood according to the United States Census.

Percentages of ages in the city have also shifted throughout the decade. Since 2000 the percentage of homes with a minor living there rose about 3 percent to an average of 41.3 percent.

In terms of average income and the city’s economy, the median income for a household in the city has risen since 2000 by over $12,000, making it $94,731 annually, according to City-Data.com. This is over double the average for the state of Ohio.

The shifting of demographics in the city is not monumental; however, the positive economic trends and patterns of increased diversity if the city shows growth of the community and a greater understanding for the trends in statistics.

By Sarah Penix

penix.sarah@oakwoodschools.org

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