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The total population of Oak Point is estimated to be 4,957 with 2,460 males (49.63%) and 2,497 females (50.37%). There are 37 more females than males in Oak Point.
The median household income in Oak Point was $105,181 in 2021, which marked an a decrease of 11,471(9.83%) from $116,652 in 2020. This income is 140.98% 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, Oak Point sees its highest median household income among householders in the age group of 45 to 64 years old, at $130,853. Overall, the median household income for the city of Oak Point stands at $105,181.
In Oak Point, the median income for all workers aged 15 years and older, regardless of work hours, was $68,710 for males and $45,983 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $85,972 for males and $55,516 for females.
In Oak Point, there are just two different racial groups among households. Among these, White households report a median household income of $117,549, while Asian households have a median household income of $108,381.
In 2022, the population of Oak Point was 6,009, a 7.77% increase year-by-year from 2021. Previously, in 2021, Oak Point's population was 5,576, an increase of 21.38% compared to a population of 4,594 in 2020.
The median age in Oak Point, TX is 34.7, as per 2021 ACS 5-Year Estimates. Of the total population, 23.71% were under the age of 15, 10.70% aged 15 to 29, 52.64% aged 30 to 64, 12.84% aged 65 to 84, and 0.11% were 85 years of age and older.
Racial distribution of Oak Point population: 75.91% are White, 3.76% are Black or African American, 0.07% are American Indian and Alaska Native, 3.14% are Asian, 1.32% are some other race and 15.80% are multiracial.