Texas · Census place 53232
Oakwood town, TX
Quick answer
Oakwood town has 510 residents, ranking #1260 of 1863 places in Texas. Median household income is $65,714, the median home is worth $102,000 and median gross rent runs $945 a month.
- Population
- 510Oakwood town residents
- Median household income
- $65,714Past 12 months, inflation adjusted
- Median home value
- $102,000Owner-occupied units
- Median gross rent
- $945Rent plus utilities, monthly
- Median age
- 51.5 yrsAll residents
- Homeownership rate
- 80.9%Owner-occupied households
What the numbers mean in Oakwood town
Housing cost measured against local earnings.
A household earning the Oakwood town median would spend about 17.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.1% of residents and 80.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Texas.
- Murchison city 516
- Hartley CDP 514
- Ropesville city 513
- Buffalo Gap town 508
- Balmorhea city 505
- Bear Creek village 503
- Placedo CDP 503
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