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Oak Island North Carolina Real Estate By Jennifer Hershey

Oak Island North Carolina Real Estate

Oak Island, North Carolina, is located in Brunswick County, 18 miles SW of Wilmington, North Carolina and 179 miles SE of Charlotte, North Carolina. Oak Island has a population of 6,571.

Oak Island Homes

Oak Island properties pool is 3,076 residential properties including Oak Island new homes. Median age of real estate in Oak Island is 1984. Average Household size is 2.51 people. 2% are one bedroom homes, 24% are 2 bedroom homes, 64% are 3 bedroom homes, 9% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Oak Island Mortgage Statistics

Oak Island mortgages vs. USA median statistics

Homes Oak Island USA
Homes With No Mortgage 36%
30%
Homes With Mortgage 64%
70%
First Mortgage Only 51%
54%
First & Second Mortgage or HELOC 13%
16%

Oak Island Area Real Estate Tax

Oak Island Real estate Tax: Median Real Estate Taxes (2000) were $932 comparing to 1999 Median Family income $ 48,775. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Oak Island School District: Children make up 15% of Oak Island population. Oak Island has 988 under 18 years old residents, or 0.33 kids per one worker, or 0.32 kids per one household.

Oak Island Real Estate & Oak Island Homeownership

There are 799.76 or 26% one person households, 1538 or 50% two person households, and 399.88 or 13% three person households in Oak Island, North Carolina. Median residents age is 49.2, Senior citizens (65+) make up 1,380 or 21%% of Oak Island population.

There are 2,976 workers (over 16 years of age) in Oak Island. Of these, 91.33% drive to work. Approximately 1.31% of workers in Oak Island take public transportation. An estimated 0.91% walk to work.

Median Oak Island homeowner's housing expences are 19%

Crime in Oak Island (2003), crimes per 10,000 residents per year

Type of Crime Oak Island USA, 2003
Violent Crimes
28.91
47.5
Robberies
3.04
14.2
Aggravated Assaults
24.35
29.5
Property Crimes
630.04
358.8
Burglaries
298.28
74.0
Larceny-Thefts
301.32
241.5
Motor Vehicle Thefts
30.44
43.3

Invest in Oak Island Properties

When making a decision about buying real estate in Oak Island North Carolina area, you should consider following statistical data:

Category Oak Island USA
Near Medium City
Wilmington, North Carolina
-
Near Large City
Charlotte, North Carolina
-
Oak Island Zip Codes
28461, 28465
-
Oak Island Area Codes
910
-
White population
98.01%
75.1%
African-American population
0.43%
12.3%
Asian
0.15%
3.6%
American Indian & Alaskan
0.47%
0.9%
Hispanic (of any race)
0.75%
12.5%
Median Family Income (1999)
$ 48,775%
$42,000
Population Below Poverty Level
7.96%
12.4%

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