Income & Economy in Oak Point, TX

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$109,528

+50% vs national

Per Capita Income

$48,444

+30% vs national

Poverty Rate

1.5%

-89% vs national

Gini Index

0.3520

0 = perfect equality

Unemployment

1.4%

-74% vs national

SNAP Recipients

5.4%

of households

How Oak Point Compares

Source: Census ACS (2023)

Oak Point vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Oak Point is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Oak Point. The median household income here is $109,528.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
2.6%
$25-50K
11.9%
$50-75K
10.5%
$75-100K
22.2%
$100-150K
30.4%
$150-200K
6.7%
$200K+
15.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

1.4%

-74% vs TX avg

Labor Force

2,879

Employed

2,840

Mean Commute

20 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

30.0%

of adults 25+

High School Diploma+

37.9%

of adults 25+

Median Age

34.1

Work from Home

34.5%

of workers

The median household income in Oak Point, TX is $109,528, which is 49.6% above the national average of $73,224. Per capita income is $48,444. The poverty rate of 1.5% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.3520, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.4%, compared to the state average of 5.1%. 30.0% of adults hold a bachelor's degree or higher. The average commute time is 20 minutes, with 34.5% working from home.