What percentage of people rent in Oakland, ME?
22.4% (±6.7 points) of the occupied homes in Oakland, ME are rented (2020–2024 American Community Survey).
That is 586 renting households against 2,029 that own their home.
In Oakland, the share of households that rent went from 10.2% in 2015–2019 to 22.4% in 2020–2024 (+12.2 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 22.4% (±6.7 points)
- Renting households
- 586 (±188)
- Median renter income
- $35,179 (±$12,564)
Who rents and who owns in Oakland
| Oakland | Kennebec County | Maine | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.4% (±6.7 points) | 26.3% (±1.6 points) | 25.7% (±0.4 points) | 34.8% |
| Renting households | 586 (±188) | 14,306 (±888) | 153,586 (±2,467) | 45,017,354 |
| Owning households | 2,029 (±185) | 40,006 (±958) | 443,573 (±3,445) | 84,210,142 |
| Average renter household size | 2.1 (±0.3) | 1.9 (±0.1) | 1.9 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.4 (±0.0) | 2.4 (±0.0) | 2.6 |
| Median renter household income | $35,179 (±$12,564) | $38,133 (±$3,207) | $44,257 (±$1,278) | $52,966 |
| Median owner household income | $89,397 (±$12,906) | $83,629 (±$3,556) | $88,635 (±$995) | $100,009 |
In Oakland, the renter share is not measurably different from Kennebec County (26.3%).
It is not measurably different from Maine (25.7%).
It is lower than the national figure (34.8%).
In Kennebec County, Oakland ranks 8 of 29 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 100 of 482.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Oakland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.2% (±4.1 points) | 22.4% (±6.7 points) | +12.2 percentage points | Measurable increase |
| Median gross rent | $767 (±$82) | $939 (±$74) | +22.4% | No measurable change after inflation |
| Median household income | $62,447 (±$16,888) | $77,813 (±$16,086) | +24.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Oakland
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Oakland | — | 22.4% (±6.7 points) | — |
| Waterville | 4.2 mi | 51.2% (±4.9 points) | Higher |
| Smithfield | 5.4 mi | 11.1% (±6.1 points) | Lower |
| Fairfield | 6.1 mi | 21.4% (±5.5 points) | Not measurably different |
| Fairfield (community) | 6.3 mi | 38.7% (±10.9 points) | Higher |
| Winslow (community) | 6.4 mi | 29.9% (±6.5 points) | Not measurably different |
| Belgrade | 6.4 mi | 6.2% (±4.5 points) | Lower |
| Rome | 7.9 mi | 8.1% (±5.0 points) | Lower |
| Winslow | 8.6 mi | 23.9% (±4.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Smithfield, ME (11.1%), Belgrade, ME (6.2%), Rome, ME (8.1%).
Nearby places with a measurably higher figure: Waterville, ME (51.2%), Fairfield (community), ME (38.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Kennebec County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Augusta | 46.2% (±4.3 points) |
| 3 | Hallowell | 41.7% (±8.8 points) |
| 4 | Farmingdale | 34.4% (±11.1 points) |
| 5 | Gardiner | 31.8% (±7.0 points) |
| 6 | Winslow | 23.9% (±4.9 points) |
| 7 | Randolph | 22.5% (±9.8 points) |
| 8 | Oakland | 22.4% (±6.7 points) |
| 9 | Albion | 21.0% (±7.6 points) |
| 10 | Monmouth | 20.2% (±10.6 points) |
| 11 | Pittston | 19.0% (±8.4 points) |
| 12 | Vassalboro | 17.5% (±5.9 points) |
| 13 | Benton | 15.8% (±5.5 points) |
| 14 | Manchester | 15.0% (±5.0 points) |
Showing 13 of 29 places in Kennebec County, ranked from highest to lowest.
The figures for Oakland include the places inside it that have pages of their own: Oakland (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Oakland
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Questions about Oakland
How many renters are there in Oakland?
Oakland has an estimated 586 (±188) renting households, 22.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Oakland?
In Oakland, the share of households that rent went from 10.2% in 2015–2019 to 22.4% in 2020–2024 (+12.2 percentage points), a measurable increase.
How big are renting households in Oakland?
A renting household in Oakland has 2.1 people on average, against 2.5 in an owned home.
How much do renters earn in Oakland?
The median renting household in Oakland, ME has an income of $35,179 (±$12,564) a year, against $89,397 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oakland town, Kennebec County, Maine
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Oakland town, Kennebec County, Maine
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oakland town, Kennebec County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oakland town, Kennebec County, Maine
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Oakland town, Kennebec County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Oakland town, Kennebec County, Maine (county subdivision:54560, in state:23 county:011).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Oakland at a glance
- Median rent in Oakland
- Rent by bedrooms in Oakland
- Rent burden in Oakland
- Income and affordability in Oakland
- Home values in Oakland
- Homeowner costs in Oakland
- Property taxes in Oakland
- Types of homes in Oakland
- Bedrooms in Oakland
- Age of homes in Oakland
- Heating fuel in Oakland
- Commute and cars in Oakland
- Crime reported to police in Oakland
- Population growth in Oakland
- How long people stay in Oakland
- Crowding and facilities in Oakland
- Maine landlord and tenant rules
- Housing across Kennebec County
- Maine places ranked by share of renters
- Housing data for every place in Maine