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Real Estate Prices & Overview

Oakmont median real estate price is $229,482, which is more expensive than 69.0% of the neighborhoods in West Virginia and 26.7% of the neighborhoods in the U.S.

The average rental price in Oakmont is currently $959, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.8% of West Virginia neighborhoods.

Oakmont is a suburban neighborhood (based on population density) located in Wheeling, West Virginia.

Oakmont real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oakmont neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.7% in Oakmont. NeighborhoodScout analysis shows that this rate is lower than 55.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Oakmont neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.6% executive lifestyle neighborhoods in the state of West Virginia.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 54.7% of the residential real estate in the Oakmont neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Oakmont neighborhood has more Lebanese and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Lebanese ancestry and 3.9% have Scots-Irish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Oakmont neighborhood in Wheeling are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.3% of U.S. neighborhoods. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Oakmont neighborhood, 56.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.3%), and 8.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Oakmont neighborhood is English, spoken by 94.9% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Oakmont neighborhood in Wheeling, WV, residents most commonly identify their ethnicity or ancestry as German (28.3%). There are also a number of people of Irish ancestry (23.6%), and residents who report English roots (18.4%), and some of the residents are also of Polish ancestry (9.6%), along with some Italian ancestry residents (7.7%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Oakmont neighborhood spend under 15 minutes commuting one-way to work (47.4% of working residents), one of the shortest commutes across America.

Here most residents (85.2%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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