Oak Point, TX

Census Place

2024 Population

5,887

US Senator

John Cornyn

Republican Party

US Senator

Ted Cruz

Republican Party

2024 Median Age

34.5

1.17% 1-year increase

2024 Poverty Rate

1.53%

1.8% 1-year increase

2024 Median Household Income

$126,290

15.3% 1-year growth

2024 Median Property Value

$395,900

7.58% 1-year growth

Population & Diversity

Oak Point, TX is home to a population of 5.89k people, from which 96.7% are citizens.

As of 2024, 7.41% of Oak Point, TX residents were born outside of the country (436 people).

In 2024, there were 7.94 times more White (Non-Hispanic) residents (3.65k people) in Oak Point, TX than any other race or ethnicity. There were 459 White (Hispanic) and 452 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.7%

2024 Citizenship

94.5%

2023 Citizenship

As of 2024, 96.7% of Oak Point, TX residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Oak Point, TX was 94.5%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Oak Point, TX compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Oak Point, TX

White (Non-Hispanic)
3.65k ± 385
White (Hispanic)
459 ± 309
Two Races Including Other (Hispanic)
452 ± 330

19.6%

Hispanic Population

1.15k people

19.6% of the people in Oak Point, TX are hispanic (1.15k people).

The following chart shows the 8 races represented in Oak Point, TX as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Texas.

Most Common Origin

Mexico
2,408,340 ± 36,549 people
India
354,317 ± 14,528 people
El Salvador
223,512 ± 11,564 people

In 2024, the most common birthplace for the foreign-born residents of Texas was Mexico, the natal country of 2,408,340 Texas residents, followed by India with 354,317 and El Salvador with 223,512.

Foreign-Born Population

7.41%

2024 Foreign-Born Population

436 people

12.3%

2023 Foreign-Born Population

663 people

As of 2024, 7.41% of Oak Point, TX residents (436 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Oak Point, TX was 12.3%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Oak Point, TX compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
91 ± 62
Gulf War (2001-)
78 ± 60
Gulf War (1990s)
8 ± 25

Oak Point, TX has a large population of military personnel who served in Vietnam, 1.17 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Oak Point, TX.

Economy

The economy of Oak Point, TX employs 3.04k people. In 2024, the largest industries in Oak Point, TX were Health Care & Social Assistance (602 people), Educational Services (468 people), and Professional, Scientific, & Technical Services (370 people), and the highest paying industries were Administrative & Support & Waste Management Services ($201,250), Transportation & Warehousing, & Utilities ($124,250), and Information ($111,875).

Employment

Occupations

3.04k

2024 Value

± 574

7.11%

1 Year growth

± 26.4%

From 2023 to 2024, employment in Oak Point, TX grew at a rate of 7.11%, from 2.84k employees to 3.04k employees.

The most common job groups, by number of people living in Oak Point, TX, are Sales & Related Occupations (457 people), Management Occupations (402 people), and Education Instruction, & Library Occupations (368 people). This chart illustrates the share breakdown of the primary jobs held by residents of Oak Point, TX.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Texas.

This chart shows weekly unemployment insurance claims in Texas (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

3.04k

2024 Value

± 574

7.11%

1 Year growth

± 26.4%

From 2023 to 2024, employment in Oak Point, TX grew at a rate of 7.11%, from 2.84k employees to 3.04k employees.

The most common employment sectors for those who live in Oak Point, TX, are Health Care & Social Assistance (602 people), Educational Services (468 people), and Professional, Scientific, & Technical Services (370 people). This chart shows the share breakdown of the primary industries for residents of Oak Point, TX, though some of these residents may live in Oak Point, TX and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$78,977

Median earning men ± $9,863

$65,757

Median earning women ± $5,446

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($193,045), Transportation & Warehousing, & Utilities ($124,250), and Finance & Insurance, & Real Estate & Rental & Leasing ($113,625).

The industries with the best median earnings for women in 2024 are Information ($111,875), Manufacturing ($99,191), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($77,174).

Housing & Living

The median property value in Oak Point, TX was $395,900 in 2024, which is 1.19 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $368,000 to $395,900, a 7.58% increase. The homeownership rate in Oak Point, TX is 89.5%, which is higher than the national average of 65.2%.

People in Oak Point, TX have an average commute time of 33.1 minutes, and they drove alone to work. Car ownership in Oak Point, TX is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$395,900

Median Property Value 2024

±$48,857

$1,925

Median Property Taxes

±$332

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Oak Point, TX the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Oak Point, TX compared to it's parent and neighbor geographies.

Rent vs Own

89.5%

Homeownership

2024

56.2%

Homeowners with Mortgage

2024

In 2024, 89.5% of the housing units in Oak Point, TX were occupied by their owner. This percentage grew from the previous year's rate of 86.2%.

This chart shows the percentage of owner in Oak Point, TX compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$126,290

Median Household Income

± $38,684

2.15k

Number of Households

± 428

In 2024, the median household income of the 2.15k households in Oak Point, TX grew to $126,290 from the previous year's value of $109,528.

The following chart displays the households in Oak Point, TX distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Oak Point, TX is from Texas.

0.475

2024 Wage GINI in Texas

0.475

2023 Wage GINI in Texas

In 2024, the income inequality in Texas was 0.475 according to the GINI calculation of the wage distribution. Income inequality had a 0.0391% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Texas was higher than than the national average of 0.474. In other words, wages are distributed less evenly in Texas in comparison to the national average.

This chart shows the number of workers in Texas across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (53.5%)
Worked At Home (40.5%)
Carpooled (6.03%)

In 2024, 53.5% of workers in Oak Point, TX drove alone to work, followed by those who worked at home (40.5%) and those who carpooled to work (6.03%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

33.1 minutes

Average Travel Time

Using averages, employees in Oak Point, TX have a longer commute time (33.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0.81% of the workforce in Oak Point, TX have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Oak Point, TX compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Oak Point, TX distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Oak Point, TX have 2 cars.

Poverty

Poverty & Diversity

1.53% of the population for whom poverty status is determined in Oak Point, TX (90 out of 5.87k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Males 75+ and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Oak Point, TX is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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