Oaktown, IN 47561 has a population of approximately 1,541 and experiences a population change rate of 8.22%. The population density is 21.6 / sq mi .
47561, Oaktown, IN
Oaktown, IN 47561 has a population of approximately 1,541 and experiences a population change rate of 8.22%. The population density is 21.6 / sq mi .
The median household income for Oaktown, IN 47561 is $42,446, with 675 households and an average household size of 2.12.
The median value of a home in Oaktown, IN 47561 is $133,200 with an appreciation rate of 13.80%. 59.75% of housing in the state is owned while 26.24% is rented.
The cost of living in Oaktown, IN 47561 is 74.8 %.
The unemployment rate in Oaktown, IN 47561 is 2.30%, and recent job growth is at -2.92%. Future job growth is projected at 25.67%.
The sales tax rate in Oaktown, IN 47561 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Oaktown, IN 47561 are $14,235, and the school ratio is 15.9:1.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 45.2 inches per year, with 11.8 inches of snow per year.