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 9,480 people and four associated neighborhoods, Oak Island is the 112th largest community in North Carolina. Oak Island home prices are not only among the most expensive in North Carolina, but Oak Island real estate also consistently ranks among the most expensive in America.Oak Island is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Oak Island is a town of managers, sales and office workers, and professionals. There are especially a lot of people living in Oak Island who work in management occupations (18.84%), sales jobs (14.15%), and office and administrative support (12.61%). One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.42% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town. 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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery. The education level of Oak Island ranks among the highest in the nation. Of the 25-and-older adult population in Oak Island, 43.01% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree. The per capita income in Oak Island in 2022 was $59,851, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $239,404 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 Asian. Important ancestries of people in Oak Island include English, German, Irish, Italian, and Scottish. The most common language spoken in Oak Island is English. Other important languages spoken here include Italian and Polish.
