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As of 2016, Ogema’s population had risen to 403, from 304 in 2006. An increase of about 25 per cent.

The two largest age groups in the town are children between the ages of 0 and 4 and adults between the ages of 30 and 34 years. Each of these age groups account for nine percent of the town's population. This indicates that there are a number of families with small children that currently live in the town. The smallest age groups are young adults between the ages of 20 and 24 years, and elderly residents between the ages of 85 to 89 and 90 to 95 years. Each of these three groups accounts for two per cent of the total population.

In terms of marital status, at the last census there were 180 total married couples in Ogema, and only 15 common law couples. In conjunction with this, there are 115 people who are not married or living with a common law. Of these 115, 65 have never been married, 5 are separated, 15 are divorced, and 35 are widowed.

The average income of economic families as of 2015 was $72,487 which is 35 per cent lower than that of the Saskatchewan provincial average of $111,031.

As for language, the majority of the population speaks English. A total of 430 people speak English in and around Ogema, but of these 430 English speakers, only 275 claim the language as their native tongue. The other majority language spoken in Ogema is Tagalog (Pilipino, Filipino) with a total of 80 native speakers. This is due to an increase in numbers of the Filipino community in the town, many of whom initially arrived to work at the Big Sky hog barn, which opened in 2000.

Out of the total number of people living in Ogema, 135 of them are immigrants, most of whom arrived after 2011, making them first generation immigrants. Out of these 135, the majority of them (75 out of 135) are between the ages of 25 and 44. Immigrants between the ages of 5 and 14 are the second largest group, making up a total of 45 out of 135. The smallest group are children under the age of five with a total of 15 out of 135 that are immigrants.

Of these immigrants, 110 claim the Philippines as their home country. However, of those families who have been in Ogema for at least two or three generations, 120 of them claim Scottish ancestry. It is also interesting to note that only 15 people in the town claim to have any Native American ancestry.

In terms of generational representation, 135 people of Ogema’s population are first generation Canadians, while only 70 are second generation Canadians. The final, and largest generational group are those who are third generation and over, accounting for 225 of the total population.

As for housing, there are 195 total occupied private dwellings in Ogema. Of these 195 homes 175 are owned, and only 20 are rented out.