Is Oakboro, NC growing?

Oakboro, NC had an estimated 2,683 (±444) residents in 2020–2024, against 2,004 in 2015–2019.

That is a change of +33.9%, a measurable increase.

Its housing went from 846 to 1,116 homes (+31.9%), a measurable increase.

11.0% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
2,683 (±444)
Amount of change
+33.9%
Homes change
+31.9%
Built 2020 or later
11.0%

Residents and homes in Oakboro, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,004 (±287)2,683 (±444)+33.9%Measurable increase
Housing units846 (±103)1,116 (±186)+31.9%Measurable increase
Households that rent19.1% (±6.2 points)19.3% (±6.3 points)+0.2 percentage pointsNot a measurable change
Median gross rent$846 (±$333)$1,057 (±$196)+24.9%No measurable change after inflation
Median home value$161,300 (±$13,015)$282,600 (±$27,767)+75.2%Up 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.

Growth in Oakboro against Stanly County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Oakboro+33.9%Measurable increase+31.9%
Stanly County+5.0%Measurable increase+3.0%
North Carolina+4.5%Measurable increase+5.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Oakboro

Housing units by year built, 2020–2024
Year builtOakboroStanly CountyNorth CarolinaUnited States
2020 or later11.0% (±6.2 points)2.8%3.0%2.0%
2010 to 201916.0% (±6.3 points)7.8%13.5%9.4%
2000 to 200915.5% (±6.2 points)10.3%18.6%13.6%

27.0% of the homes in Oakboro were built in 2010 or later.

The median age of residents is 38.9 years.

Growth in places near Oakboro

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Oakboro—2,683+33.9%Measurable increase
Red Cross3.0 mi903+31.1%Not a measurable change
Stanfield5.4 mi1,522+20.4%Not a measurable change
Locust6.4 mi5,840+77.1%Measurable increase
Midland11 mi4,860+34.2%Measurable increase
Fairview12 mi3,619−4.0%Measurable decrease
Albemarle12 mi16,762+4.9%Measurable increase
Norwood13 mi2,433+8.5%Not a measurable change
Mount Pleasant13 mi2,230+26.9%Not a measurable change

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Oakboro

Is Oakboro growing?

Oakboro, NC had an estimated 2,683 residents in 2020–2024 and 2,004 in 2015–2019, a change of +33.9%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Oakboro?

The estimated number of housing units went from 846 in 2015–2019 to 1,116 in 2020–2024 (+31.9%), a measurable increase.

How much new construction is there in Oakboro?

11.0% of homes in Oakboro were built in 2020 or later and 16.0% between 2010 and 2019.

Sources

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) for Oakboro town, North Carolina (place:48040, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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 .

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