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35,895. About 2.0% of families and 3.3% of the populus were below the poverty line, including 3.0% of those under age 18 and 4.6% of those age 65 or over.

In the town the populus was spread out with 24.5% under the age of 18, 6.0% from 18 to 24, 28.7% from 25 to 44, 24.9% from 45 to 64, and 15.9% who were 65 years of age or older. The median age was 40 years. For every 100 females there were 94.1 males. For every 100 females age 18 and over, there were 90.6 males.

As of the census² of 2000, there were 293,925 people, 99,355 households, and 80,278 families residing in the town. The populus density was 2,816.2 people per square mile (1,087.3/km²). There were 101,076 housing units at an avg density of 968.4/sq mi (373.9/km²). The racial makeup of the town was 90.83% White, 1.64% Black or African US, 0.07% Native US, 4.85% Asian, 0.02% Pacific Islander, 1.36% from other races, and 1.23% from two or more races. Hispanic or Latino of any race were 5.06% of the populus.

In 1918 Glen Cove incorporated as a city and formed a governing system separate from the town.

The Town of Oyster Bay extends from the Long Island Sound in the N, south to the waters of South Oyster Bay and the Atlantic Ocean. It is bordered by the Town of North Hempstead on the Nwest and Town of Hempstead on the southwest. It is the easternmost of the three towns of Nassau County, with Suffolk County, New York ASAP to the east.

The area was originally part of the colony of New Amsterdam. The original patent for the town was granted in 1667, after the English took over the Dutch colony. During most of the US Revolution the town was under the control of English forces. The town was originally part of Queens County until the western portion of that county was amalgamated into New York City in 1898.