Oakwood, TX Demographics

The total population of Oakwood is estimated to be 539 with 245 males (45.45%) and 294 females (54.55%). There are 49 more females than males in Oakwood.
The median household income in Oakwood was $63,774 in 2021, which marked an a decrease of 12,713(16.62%) from $76,487 in 2020. This income is 85.48% 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, Oakwood sees its highest median household income among householders in the age group of 65 years and over old, at $100,050. Overall, the median household income for the town of Oakwood stands at $63,774.
In Oakwood, while the Census reported a median income of $19,637 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $100,116 for males and $22,776 for females.
In Oakwood, population is primarily represented by White households, reporting a median income of $76,564.
In 2022, the population of Oakwood was 397, a 1.28% increase year-by-year from 2021. Previously, in 2021, Oakwood's population was 392, an increase of 1.29% compared to a population of 387 in 2020.
The median age in Oakwood, TX is 39.1, as per 2021 ACS 5-Year Estimates. Of the total population, 29.36% were under the age of 15, 14.24% aged 15 to 29, 29.36% aged 30 to 64, 25.29% aged 65 to 84, and 1.74% were 85 years of age and older.
Racial distribution of Oakwood population: 59.45% are White, 38.08% are Black or African American, 0.15% are American Indian and Alaska Native and 2.33% are multiracial.