Life in Oak Point research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Oak Point over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Oak Point:
The population in Oak Point is 5,395.
The median home value in Oak Point is $422,416.
The median income in Oak Point is $109,528.
The cost of living in Oak Point is 134 which is 1.3x higher than the national average.
The median rent in Oak Point is $2,215.
The unemployment rate in Oak Point is 1.4%.
The poverty rate in Oak Point is 1.5%.
The average high in Oak Point is 76.0° and the average low is 54.2°.
Cost of living in Oak Point summary. We use data on the cost of living to determine how expensive it is to live in Oak Point. Real estate prices drive most of the variance in cost of living around Texas. Key points include:
The cost of living in Oak Point is 134 with 100 being average.
The cost of living in Oak Point is 1.3x higher than the national average.
The median home value in Oak Point is $422,416.
The median income in Oak Point is $109,528.
| Living Expense | Oak Point | Texas | National Average | |
|---|---|---|---|---|
| Overall | 134 | 92 | 100 | |
| Services | 122 | 97 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 111 | 93 | 100 | |
| Housing | 184 | 82 | 100 | |
| Transportation | 93 | 94 | 100 | |
| Utilities | 115 | 104 | 100 | |
The average high in Oak Point is 76.0° and the average low is 54.2°.
There are 53.3 days of precipitation each year.
Expect an average of 38.4 inches of precipitation each year with 0.7 inches of snow.
| Stat | Oak Point |
|---|---|
| Average Annual High | 76.0 |
| Average Annual Low | 54.2 |
| Annual Precipitation Days | 53.3 |
| Average Annual Precipitation | 38.4 |
| Average Annual Snowfall | 0.7 |
The current population in Oak Point is 5,395. The population has increased 105.1% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 5,395 | 8.8% |
| 2022 | 4,957 | 8.9% |
| 2021 | 4,550 | -10.4% |
| 2020 | 5,077 | 15.1% |
| 2019 | 4,410 | 13.7% |
| 2018 | 3,878 | 10.7% |
| 2017 | 3,503 | 7.1% |
| 2016 | 3,271 | 5.3% |
| 2015 | 3,107 | 3.2% |
| 2014 | 3,011 | 3.7% |
| 2013 | 2,904 | 3.2% |
| 2012 | 2,815 | 2.9% |
| 2011 | 2,736 | 4.0% |
| 2010 | 2,631 | - |
55.5% White with 2,995 White residents.
5.9% African American with 317 African American residents.
0.0% American Indian with 0 American Indian residents.
4.4% Asian with 238 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
7.9% Two Or More with 424 Two Or More residents.
26.3% Hispanic with 1,421 Hispanic residents.
| Race | Oak Point | TX | USA |
|---|---|---|---|
| White | 55.5% | 39.9% | 58.2% |
| African American | 5.9% | 11.9% | 12.0% |
| American Indian | 0.0% | 0.2% | 0.5% |
| Asian | 4.4% | 5.3% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.0% | 0.4% | 0.5% |
| Two Or More | 7.9% | 2.9% | 3.9% |
| Hispanic | 26.3% | 39.5% | 19.0% |
Oak Point is 52.2% female with 2,818 female residents.
Oak Point is 47.8% male with 2,577 male residents.
| Gender | Oak Point | TX | USA |
|---|---|---|---|
| Female | 52.2% | 50.1% | 50.5% |
| Male | 47.8% | 49.9% | 49.5% |
0.0% of adults in Oak Point completed < 9th grade.
3.0% of adults in Oak Point completed 9-12th grade.
12.0% of adults in Oak Point completed high school / ged.
31.0% of adults in Oak Point completed some college.
9.0% of adults in Oak Point completed associate's degree.
32.0% of adults in Oak Point completed bachelor's degree.
10.0% of adults in Oak Point completed master's degree.
3.0% of adults in Oak Point completed professional degree.
0.0% of adults in Oak Point completed doctorate degree.
| Education | Oak Point | TX | USA |
|---|---|---|---|
| < 9th Grade | 0.0% | 7.0% | 5.0% |
| 9-12th Grade | 3.0% | 7.0% | 6.0% |
| High School / GED | 12.0% | 24.0% | 26.0% |
| Some College | 31.0% | 21.0% | 19.0% |
| Associate's Degree | 9.0% | 8.0% | 9.0% |
| Bachelor's Degree | 32.0% | 21.0% | 21.0% |
| Master's Degree | 10.0% | 9.0% | 10.0% |
| Professional Degree | 3.0% | 2.0% | 2.0% |
| Doctorate Degree | 0.0% | 1.0% | 2.0% |
0.0% of households in Oak Point earn Less than $10,000.
1.2% of households in Oak Point earn $10,000 to $14,999.
1.4% of households in Oak Point earn $15,000 to $24,999.
0.0% of households in Oak Point earn $25,000 to $34,999.
11.9% of households in Oak Point earn $35,000 to $49,999.
10.5% of households in Oak Point earn $50,000 to $74,999.
22.2% of households in Oak Point earn $75,000 to $99,999.
30.4% of households in Oak Point earn $100,000 to $149,999.
6.7% of households in Oak Point earn $150,000 to $199,999.
15.6% of households in Oak Point earn $200,000 or more.
| Income | Oak Point | TX | USA |
|---|---|---|---|
| Less than $10,000 | 0.0% | 5.0% | 4.9% |
| $10,000 to $14,999 | 1.2% | 3.4% | 3.6% |
| $15,000 to $24,999 | 1.4% | 6.5% | 6.6% |
| $25,000 to $34,999 | 0.0% | 7.0% | 6.8% |
| $35,000 to $49,999 | 11.9% | 10.9% | 10.4% |
| $50,000 to $74,999 | 10.5% | 16.4% | 15.7% |
| $75,000 to $99,999 | 22.2% | 12.8% | 12.7% |
| $100,000 to $149,999 | 30.4% | 17.2% | 17.4% |
| $150,000 to $199,999 | 6.7% | 9.1% | 9.3% |
| $200,000 or more | 15.6% | 11.7% | 12.6% |