Oakwood, Ohio.

Oakwood is a small, self-contained city in Montgomery County, Ohio, enclosed entirely within the boundaries of the city of Dayton. With a population of approximately 8,900 and a land area of roughly four square miles, Oakwood is one of Ohio's more compact incorporated cities — and consistently one of its most desirable residential addresses. The city's name reflects the dense canopy of oak trees that define its streets and parks.

Oakwood's civic identity is shaped by two defining assets: its school district and its built environment. Oakwood City Schools holds a reputation for academic excellence that extends well beyond the Dayton region, with Oakwood High School earning a 10 of 10 rating on GreatSchools — a score that reflects strong performance in college readiness, test scores, and educational equity. The community's tree-lined streets, well-maintained Craftsman and Colonial-era homes, and a compact commercial district along Far Hills Avenue give Oakwood a character that draws long-term residents and produces very low housing turnover. The Dayton VA Medical Center sits on the city's southern edge, adding a stable institutional employment anchor.

With approximately 80% owner-occupancy and a median household income approaching $159,000, Oakwood represents a different kind of investment opportunity than higher-renter markets: a scarcity-driven rental market in which available properties attract financially qualified tenants who want the school district and neighborhood quality without an immediate home purchase. Limited housing supply, premium prices, and a resident base with among the highest incomes in the Dayton metro create a fundamentally different risk profile than comparable investments in surrounding communities — one characterized by low vacancy and strong long-term value retention.

Source: Wikipedia and City of Oakwood