Oak Island is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of North Carolina. With a population of 8,072 people and two constituent neighborhoods, Oak Island is the 115th largest community in North Carolina.
Oak Island real estate is some of the most expensive in North Carolina, although Oak Island house values don't compare to the most expensive real estate in the U.S.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Oak Island is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Oak Island is a town of sales and office workers, professionals, and service providers. There are especially a lot of people living in Oak Island who work in sales jobs (12.99%), office and administrative support (11.84%), and management occupations (11.41%).
Also of interest is that Oak Island has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Oak Island telecommute to their jobs. Overall, about 8.10% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Oak Island is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Oak Island is worth considering.
Oak Island is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
The citizens of Oak Island are very well educated compared to the average community in the nation: 38.21% of adults in Oak Island have a bachelor's degree or even advanced degree.
The per capita income in Oak Island in 2010 was $41,357, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $165,428 for a family of four. However, Oak Island contains both very wealthy and poor people as well.
The people who call Oak Island home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oak Island residents report their race to be White, followed by Native American. Important ancestries of people in Oak Island include German, English, Irish, Italian, and Scots-Irish.
The most common language spoken in Oak Island is English. Other important languages spoken here include Italian and Polish.