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The total population of Oak Valley is estimated to be 505 with 256 males (50.69%) and 249 females (49.31%). There are 7 less females than males in Oak Valley.
The median household income in Oak Valley was $68,457 in 2021, which marked an a decrease of 63(0.09%) from $68,520 in 2020. This income is 91.76% 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 Valley sees its highest median household income among householders in the age group of 25 to 44 years old, at $138,974. Overall, the median household income for the town of Oak Valley stands at $68,457.
In Oak Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $37,457 for males and $25,521 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,008 for males and $38,990 for females.
In Oak Valley, there are just two different racial groups among households. Among these, White households report a median household income of $69,209, while Some Other Race households have a median household income of $24,321.
In 2022, the population of Oak Valley was 415, a 0.73% increase year-by-year from 2021. Previously, in 2021, Oak Valley's population was 412, an increase of 2.49% compared to a population of 402 in 2020.
The median age in Oak Valley, TX is 47.6, as per 2021 ACS 5-Year Estimates. Of the total population, 15.76% were under the age of 15, 10.82% aged 15 to 29, 51.29% aged 30 to 64, 19.53% aged 65 to 84, and 2.59% were 85 years of age and older.
Racial distribution of Oak Valley population: 91.29% are White, 2.59% are Black or African American, 2.59% are some other race and 3.53% are multiracial.