Oakwood, OH's Data
About Oakwood, OH's
Oakwood is a city located in Montgomery County, Ohio, known for its picturesque residential areas and strong community ethos. Established in the early 20th century, Oakwood developed as a suburban community for Dayton, leveraging its proximity to major transportation routes. The city boasts well-preserved architecture from the early 1900s, reflecting its historical roots and the affluence of its early residents. Oakwood is often recognized for its high quality of life and excellent public services, including top-rated schools.
Things To Do in Oakwood, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Oakwood, OH
Smith Gardens - A small but beautifully maintained botanical garden offering serene walking paths and varied plant species.
Oakwood Historical Society - Hosts events and offers resources that explore the rich history of Oakwood and the surrounding area.
Shafor Park - A popular local park with facilities for tennis, basketball, and a playground, ideal for family outings.
Gardner Pool - A community pool that provides a refreshing retreat and swimming lessons during the summer months.
The Wright Library - More than just books, this local library is a hub of community activities and learning opportunities.
The Economy of Oakwood, OH
The economy of Oakwood is primarily driven by local businesses, educational institutions, and services that cater to the needs of its residents. The city's economic environment is bolstered by its proximity to Dayton, allowing residents to access a broader range of job opportunities in larger industries such as manufacturing, healthcare, and education. Real estate is also a significant aspect of Oakwood's economy, characterized by high property values and a stable housing market.
Oakwood, OH Inflation
Understanding the BLS and Inflation in Oakwood, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oakwood, OH. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Oakwood, OH understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Oakwood, OH using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Oakwood, OH when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Oakwood, OH
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