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 Races Excluding Other, & Three or More Races (Non-Hispanic) (5.69%), Two Races Including Other (Hispanic) (0.98%), and Two Races Excluding Other, & Three or More Races (Hispanic) (0.392%).
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.
100% of the residents in Oakwood, TX are U.S. citizens.
In 2023, the median property value in Oakwood, TX was $102,000, and the homeownership rate was 80.9%.
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.