Oak Island, TX
Population 281 · Texas
About Oak Island, TX
Oak Island is a small community located in Texas with a population of 281 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 67.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Oak Island features a median home value of $0, which is 100% below the national median of $244,900. This makes Oak Island one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 150 total housing units, 81% are owner-occupied (75 units) and 19% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak Island shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 48.8%, above the national average of 12.4%. Workers in Oak Island have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
4.4% of Oak Island 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 36.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 16.7% of the population being foreign-born.
Cost of Living in Oak Island, TX
Compared to national averages, Oak Island has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Oak Island's income is 100% below the state average of $72,726, and home values are 100% below the state median of $211,769.
Why Live in Oak Island, TX?
Oak Island offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Oak Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak Island has a population of 281 with a median age of 67.3 years. Compare Oak Island with other cities to see how it stacks up, or explore all cities in Texas.
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Cities in Texas with a similar population size.
Demographics
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Economy & Education
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Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oak Island
What is the population of Oak Island, TX?
The population of Oak Island, TX is 281 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 Oak Island?
The median household income in Oak Island, TX is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Oak Island?
The median home value in Oak Island, TX is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Island?
The median monthly rent in Oak Island, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oak Island?
The unemployment rate in Oak Island, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oak Island, TX a good place to live?
Oak Island offers a moderate cost of living, affordable housing, and a strong job market. With a population of 281 and a median age of 67.3, the city appeals to established professionals and retirees.
How educated is Oak Island, TX?
4.4% of residents in Oak Island 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 Oak Island?
Key cost-of-living indicators for Oak Island, TX: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Oak Island?
The poverty rate in Oak Island, TX is 48.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Oak Island, TX?
Oak Island's population is 36.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 16.7% of residents are foreign-born.