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ZipNumbers

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

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