Cost of Living in Oakwood, GA
Population 5,499 · Georgia · Data vintage 2023
(100 = US avg)
Oakwood sits on the smaller end of the Georgia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Oakwood is about 35 miles northeast of Sandy Springs, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 56% lower than Sandy Springs' $584,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oakwood
The median home value in Oakwood is $255,400 — 16% below the national median of $305,000. Median rent runs $1,269/month, 3% lower than the national median of $1,314/month. The median household income of $61,191/year is 18% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. Overall, Oakwood has a cost of living index of 89 versus the US average of 100, meaning it is 11% less expensive.
Oakwood has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Oakwood, GA?
Oakwood has a cost index of 89 (100 = national average). It is 11% below the national average.
What is average rent in Oakwood, GA?
The median gross rent in Oakwood is $1,269 per month based on 2023 Census data.
What is the average home price in Oakwood?
The median home value in Oakwood is $255,400 according to Zillow and Census data.
What is the median income in Oakwood?
The median household income in Oakwood is $61,191 per year (2023 ACS 5-year estimates).
What is the sales tax in Oakwood, GA?
The combined state and local sales tax rate in Oakwood is 7.3%. The Georgia state income tax top rate is 5.5%.
Is Oakwood, GA affordable?
Yes, Oakwood is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.
Oakwood at a Glance
- Population
- 5,499
- Median Income
- $61,191
- Home Value
- $255,400
- Median Rent
- $1,269/mo
- Unemployment
- 3.4%
- Sales Tax
- 7.3%
Nearby Cities
Explore county-level cost of living data
Georgia Rankings
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