Oakwood is a village in Paulding County, Ohio, United States.

According to the United States Census Bureau, the village has a total area of 0.59 square miles (1.53 km2), all land.

There were 248 housing units at an average density of 420.3 per square mile (162.3/km2).

25.0% of all households were made up of individuals, and 9.7% had someone living alone who was 65 years of age or older.

There were 263 housing units at an average density of 449.3 per square mile (173.5/km2).

23.7% of all households were made up of individuals, and 10.6% had someone living alone who was 65 years of age or older.