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 7,507 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, Oak Island isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Oak Island are a mix 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 (15.14%), management occupations (12.14%), and office and administrative support (10.55%).
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.
Another notable thing is that Oak Island is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Oak Island’s population drops significantly, such that year-round residents will notice that the city is a much 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.
In terms of college education, Oak Island is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 30.66% of adults in Oak Island have a college degree.
The per capita income in Oak Island in 2010 was $32,919, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $131,676 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 Black or African-American. Important ancestries of people in Oak Island include Irish, German, Italian, and Scots-Irish.
The most common language spoken in Oak Island is English. Other important languages spoken here include Spanish and Scandinavian languages.