Oak Point, TX
Population 5,395 · Texas
About Oak Point, TX
Oak Point is a small town located in Texas with a population of 5,395 residents according to the latest US Census Bureau American Community Survey data. The median household income is $109,528 per year, which is 46% above the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Oak Point features a median home value of $368,000, which is 50% above the national median of $244,900. This places Oak Point in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,215, 90% above the national average of $1,163/month. Of the 2,156 total housing units, 86% are owner-occupied (1,754 units) and 14% are renter-occupied (281 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak Point shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oak Point have an average one-way commute time of 29.8 minutes.
Education & Demographics
44.8% of Oak Point residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 21.4% White, 7.0% Hispanic or Latino, 0.0% Black or African American, and 4.9% Asian residents, with 12.4% of the population being foreign-born.
Cost of Living in Oak Point, TX
Compared to national averages, Oak Point has a median household income of $109,528 (46% above the national median of $75,149). Home values average $368,000, which is 50% above the national median. Monthly rent at $2,215 is 90% above the US average of $1,163. Within Texas, Oak Point's income is 51% above the state average of $72,726, and home values are 74% above the state median of $211,769.
Why Live in Oak Point, TX?
Oak Point offers a strong local economy with a median household income of $109,528, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 44.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $368,000. However, Oak Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak Point has a population of 5,395 with a median age of 34.1 years. Compare Oak Point with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Oak Point
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sansom Park | 5,387 | $40,993 | $144,600 | Compare |
| Cameron | 5,385 | $57,126 | $112,800 | Compare |
| Van Alstyne | 5,378 | $93,373 | $297,400 | Compare |
| Alvarado | 5,424 | $71,296 | $206,800 | Compare |
| Aledo | 5,432 | $152,083 | $409,300 | Compare |
| Atlanta | 5,434 | $62,675 | $165,300 | Compare |
| Wyldwood | 5,436 | $85,216 | $151,500 | Compare |
| Willow Park | 5,447 | $113,736 | $339,100 | 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 Oak Point With Other Cities
Frequently Asked Questions about Oak Point
What is the population of Oak Point, TX?
The population of Oak Point, TX is 5,395 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Oak Point?
The median household income in Oak Point, TX is $109,528 per year, which is 46% above the national median of $75,149.
What is the median home value in Oak Point?
The median home value in Oak Point, TX is $368,000, which is 50% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Point?
The median monthly rent in Oak Point, TX is $2,215, which is 90% above the national average of $1,163/month.
What is the unemployment rate in Oak Point?
The unemployment rate in Oak Point, TX is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oak Point, TX a good place to live?
Oak Point offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,395 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Oak Point, TX?
44.8% of residents in Oak Point aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oak Point?
Key cost-of-living indicators for Oak Point, TX: median home value is $368,000 (50% above national), median rent is $2,215/month, and median household income is $109,528. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oak Point?
The poverty rate in Oak Point, TX is 1.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oak Point, TX?
Oak Point's population is 21.4% White, 7.0% Hispanic or Latino, 0.0% Black or African American, 4.9% Asian, and 5.9% two or more races. 12.4% of residents are foreign-born.