In 2023, Oakwood, TX had a population of 510 people with a median age of 51.5 and a median household income of $65,714. Between 2022 and 2023 the population of Oakwood, TX declined from 539 to 510, a −5.38% decrease and its median household income grew from $65,000 to $65,714, a 1.1% increase.
The 5 largest ethnic groups in Oakwood, TX are White (Non-Hispanic) (63.3%), Black or African American (Non-Hispanic) (29.6%), Two+ (Non-Hispanic) (5.69%), Two+ (Hispanic) (1.37%), and White (Hispanic) (0%).
None of the households in Oakwood, TX reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
Most people in Oakwood, TX drove alone to work, and the average commute time was 29.4 minutes. The average car ownership in Oakwood, TX was 2 cars per household.