 The per capita income for the city was $13,428.About 17.5% of families and 18.6% of the population were below the poverty line, including 25.7% of those under age 18 and 23.1% of those age 65 or over.In the first few decades of Oakville, the area had a booming trade in lumber, with logging and mills providing a flourishing foundation to the economy, and with many other businesses springing up to sell to the workers these trades brought in.