If you are thinking of moving to Oak Bank or just want to know a what the area is like, the statistics on this page should give you a good introduction. They cover a range of socio-economic factors so you can compare Oak Bank to figures for Bury and nationally. These statistics can tell you if Oak Bank is an economically deprived area and how hard it might be to get a job.
Oak Bank Education Statistics
These statistics are for the highest level education obtained by the residents of Oak Bank and are from the UK Census of 2011. Oak Bank has a high level of residents with either no qualifications or qualifications equal to 1 or more GCSE at grade D or below, than the national average.
Oak Bank Immigration Statistics
These figures for Country of Birth for the residents of Oak Bank are from the UK Census of 2011. Since Oak Bank has a higher level of residents born in the UK than the national average and a lower rate of residents either born in other EU countries or outside the EU, it does not have a significant immigrant population.
|Rebublic of Ireland||1%||0.7%|
|Other EU Countries||2.1%||3.7%|
|Outside the EU||5.6%||9.4%|
Oak Bank Age Distribution Statistics
|Age 0 to 4||6.6%||6.3%|
|Age 5 to 9||6%||5.6%|
|Age 10 to14||6.1%||5.8%|
|Age 15 to 17||3.9%||3.7%|
|Age 18 to 24||8.1%||9.4%|
|Age 25 to 29||6.3%||6.9%|
|Age 30 to 44||20.5%||20.6%|
|Age 45 to 59||20.1%||19.4%|
|Age 60 to 64||6.3%||6%|
|Age 65 to 74||8.8%||8.6%|
|Age 75 to 84||5.2%||5.5%|
|Age 85 and over||2%||2.3%|
Oak Bank Social Grade & Occcupation Statistics
Social grade is a classification based on occupation and it enables a household and all its members to be classified according to the job of the main income earner.
Oak Bank General Health Statistics
The respondents of the 2011 Census were asked to rate their health. These are the results for Oak Bank. The percentage of residents in Oak Bank rating their health as 'very good' is less than the national average. Also the percentage of residents in Oak Bank rating their health as 'very bad' is more than the national average, suggesting that the health of the residents of Oak Bank is generally worse than in the average person in England.
Oak Bank Benefits & Unemployment Statistics
After the introduction of Universal Credit, the government no longer publishes unemployment figures as a percentage of the working population and has no further plans to do so. They do however publish the number of Universal Credit claimants in every local district council. We have taken the LDC that includes Oak Bank and compared it to the nearest councils. Please be aware that Universal Credit is a in and out of work benefit. Therefore these figures are an indicator of BOTH unemployment and underemployment. Oak Bank is in the local authority with the lowest number of Universal Credit claimants in the area.
These figures below on the claiming of legacy benefits in Oak Bank are dated . They are the last published statistics of unemployment rates as a percentage of the population. Althpugh outdated, these statistics can often be a good indicator of the prosperity of the town and how hard it could be to get employment in the area.The rate of unemployment in Oak Bank is both higher than the average for and higher than the national average, suggesting that finding a job in this area maybe hard.
|Jobseekers Allowance (only)||3.5%||3.3%|
|Incapacity Benefits (IB or ESA)||3.1%||2.4%|
|Any Benefit (includes in work benefits)||15.6%||13.5%|
Source: English Indices of Deprivation 2019
Oak Bank Property Ownership & Rental Statistics
Oak Bank has a higher rate of home ownership, either outright or via a mortgage than the national average, which suggests that Oak Bank is a relatively affluent area.
|Social Rented (Council)||9.4%||9.4%|
|Social Rented (Housing Assoc)||5.6%||8.3%|
Sources: Office for National Statistics & Department for Work & Pensions.