Lone Oak, TX
Population 541 · Texas
About Lone Oak, TX
Lone Oak is a small community located in Texas with a population of 541 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,972 per year, which is 12% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lone Oak features a median home value of $144,100, which is 41% below the national median of $244,900. This makes Lone Oak one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,017, 13% below the national average of $1,163/month. Of the 230 total housing units, 78% are owner-occupied (155 units) and 22% are renter-occupied (44 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lone Oak shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lone Oak have an average one-way commute time of 40.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
21.0% of Lone Oak residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.5% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.6% of the population being foreign-born.
Cost of Living in Lone Oak, TX
Compared to national averages, Lone Oak has a median household income of $65,972 (12% below the national median of $75,149). Home values average $144,100, which is 41% below the national median. Monthly rent at $1,017 is 13% below the US average of $1,163. Within Texas, Lone Oak's income is 9% below the state average of $72,726, and home values are 32% below the state median of $211,769.
Why Live in Lone Oak, TX?
Lone Oak offers affordable housing with a median home value of $144,100, below the US average of $244,900, and rent that’s lower than the national average at $1,017/month, and a low poverty rate of 3.3%, better than the national average.
Potential considerations include median household income ($65,972) that falls below the national average. However, Lone Oak’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lone Oak has a population of 541 with a median age of 39.4 years. Compare Lone Oak with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lone Oak
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Paloma-Lost Creek | 541 | $2,499 | $262,700 | Compare |
| Deweyville | 538 | $0 | $133,800 | Compare |
| Woodson | 538 | $66,435 | $100,800 | Compare |
| Detroit | 546 | $42,500 | $91,700 | Compare |
| Redland | 534 | $0 | $140,100 | Compare |
| Smiley | 533 | $35,000 | $69,500 | Compare |
| Tivoli | 533 | $65,750 | $49,200 | Compare |
| Big Thicket Lake Estates | 550 | $22,074 | $111,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lone Oak With Other Cities
Frequently Asked Questions about Lone Oak
What is the population of Lone Oak, TX?
The population of Lone Oak, TX is 541 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Lone Oak?
The median household income in Lone Oak, TX is $65,972 per year, which is 12% below the national median of $75,149.
What is the median home value in Lone Oak?
The median home value in Lone Oak, TX is $144,100, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lone Oak?
The median monthly rent in Lone Oak, TX is $1,017, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Lone Oak?
The unemployment rate in Lone Oak, TX is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lone Oak, TX a good place to live?
Lone Oak offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 541 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Lone Oak, TX?
21.0% of residents in Lone Oak aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lone Oak?
Key cost-of-living indicators for Lone Oak, TX: median home value is $144,100 (41% below national), median rent is $1,017/month, and median household income is $65,972. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lone Oak?
The poverty rate in Lone Oak, TX is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lone Oak, TX?
Lone Oak's population is 1.5% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 7.8% two or more races. 4.6% of residents are foreign-born.