Oley, PA Profile: Facts & Data

The primary coordinate point for Oley is located at latitude 40.3876 and longitude -75.7896 in Berks County. The formal boundaries for the Oley Census Designated Place encompass a land area of 1.23 sq. miles and a water area of 0.02 sq. miles. Berks County is in the Eastern time zone (GMT -5). The elevation is 443 feet.

The Oley Census Designated Place (GNIS ID: 2631294) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Oley Census Designated Place is located within Township of Oley, a minor civil division (MCD) of Berks County.

Oley, PA Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,353 (100%)
Population in Households	1,353 (100.0%)
Population in Families	1,125 (83.1%)
Population in Group Quarters¹	0
Population Density	1,102
Diversity Index²	14


INCOME
Median Household Income	$81,171
Average Household Income	$92,553
% of Income for Mortgage⁴	13%
Per Capita Income	$37,746
Wealth Index⁵	96

HOUSING
Total HU (Housing Units)	583 (100%)
Owner Occupied HU	417 (71.5%)
Renter Occupied HU	144 (24.7%)
Vacant Housing Units	22 ( 3.8%)
Median Home Value	$249,242
Average Home Value	$268,106
Housing Affordability Index³	187

HOUSEHOLDS
Total Households	561
Average Household Size	2.41
Family Households	389
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Oley, PA - Peer Comparisons by Rank and Percentile

The table below compares Oley to the other 1,761 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.53%	0.43%
Households	0.57%	0.42%
Families	0.7%	0.41%
Median Household Income		1.1%
Per Capita Income		1.5%
Owner Occupied HU		0.33%

Variable Description	Rank	Percentile
Total Population	# 818	54th
Population Density	# 1022	42nd
Median Household Income	# 196	89th
Housing Affordability Index	# 677	38th
Per Capita Income	# 279	84th
Diversity Index	# 864	51st

Oley, PA Profile: Facts & Data

Oley, Pennsylvania - Basic Facts

Oley, PA Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Oley, PA - Peer Comparisons by Rank and Percentile

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