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The total population of Lone Oak is estimated to be 562 with 263 males (46.80%) and 299 females (53.20%). There are 36 more females than males in Lone Oak.
The median household income in Lone Oak was $59,282 in 2021, which marked an an increase of 429(0.73%) from $58,853 in 2020. This income is 79.46% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lone Oak sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,524. Overall, the median household income for the city of Lone Oak stands at $59,282.
In Lone Oak, the median income for all workers aged 15 years and older, regardless of work hours, was $41,047 for males and $29,629 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,390 for males and $39,003 for females.
In Lone Oak, population is primarily represented by White households, reporting a median income of $67,557.
In 2022, the population of Lone Oak was 742, a 2.63% increase year-by-year from 2021. Previously, in 2021, Lone Oak's population was 723, an increase of 11.40% compared to a population of 649 in 2020.
The median age in Lone Oak, TX is 34.0, as per 2021 ACS 5-Year Estimates. Of the total population, 18.61% were under the age of 15, 22.67% aged 15 to 29, 50.08% aged 30 to 64, 8.12% aged 65 to 84, and 0.51% were 85 years of age and older.
Racial distribution of Lone Oak population: 93.40% are White, 1.02% are Black or African American, 1.86% are American Indian and Alaska Native, 0.17% are Asian, 1.02% are some other race and 2.54% are multiracial.