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 a decidedly white-collar town, with fully 85.07% of the workforce employed in white-collar jobs, well above the national average. Overall, Oak Island is a town of managers, sales and office workers, and service providers. There are especially a lot of people living in Oak Island who work in management occupations (17.89%), sales jobs (13.55%), and office and administrative support (10.50%). 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. Telecommuters are a relatively large percentage of the workforce: 22.12% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 among the most well-educated in the nation: 40.80% of adults in Oak Island have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree. The per capita income in Oak Island in 2022 was $56,481, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $225,924 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.
