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 9,322 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 22.12% 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. The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Oak Island has relatively fewer families with younger children, and/or college students. Combined, this makes Oak Island a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here. 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. Oak Island is one of the most well-educated cities in the nation. 40.80% of adults in Oak Island have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. 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.
