Skip to main content

Oakwood, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Oakwood, Texas had a total population of 570, the 1226th largest town in Texas, with a median household income of $37,396, which is 52% lower than the state average. The poverty rate is 29.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Oakwood Quick Facts

Population 570
Median Household Income $37,396
Median Home Value $111,500
Poverty Rate 29.6%
Unemployment Rate 2.6%
Median Age 56.3 years
Homeownership Rate 68.6%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 9.8%
High School Graduation Rate 93.4%
Diversity Index 54/100
Population 570 1226th of 1,795
Median Income $37,396 bottom 10%
Poverty Rate 29.6% 138% higher than national
Median Home Value $111,500 bottom 30%

How Oakwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population510570+11.8%
Median household income$65,714$37,396-43.1%
Median home value$102,000$111,500+9.3%

How Oakwood Compares

Economy & Housing

Household Income Distribution

Under $25K 24.4%
$25K-$50K 40.9%
$50K-$100K 13.6%
$100K+ 21.1%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
4.5%
$15K-$20K
10.7%
$20K-$25K
3.3%
$25K-$30K
16.1%
$30K-$35K
0.0%
$35K-$40K
14.9%
$40K-$45K
7.0%
$45K-$50K
2.9%
$50K-$60K
2.9%
$60K-$75K
10.7%
$75K-$100K
0.0%
$100K-$125K
17.8%
$125K-$150K
1.7%
$150K-$200K
1.7%
$200K+
0.0%

Employment

2.6% Unemployment Rate State: 5.3%|National: 5.2%
32.6% Labor Force Participation

Housing Overview

Owner 68.6%
Renter 31.4%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $680/mo 21.8% of median household income annually

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 61

Education

Oakwood Rankings in Texas

#1226 Population of 1,795
#1426 Median Income of 1,546
#1357 Education of 1,795
#1123 Home Value of 1,542

Other Cities in Freestone County

CityPopulationMedian IncomePovertyHome Value
Teague 3,476 $61,433 13.3% $119,900
Fairfield 2,924 $47,250 21.5% $169,500
Wortham 1,160 $46,316 13.0% $129,000
Kirvin 65 $89,000 7.7% $116,100

Cities Similar to Oakwood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
El Castillo566N/AN/A0.0%61.8%
La Puerta582N/AN/A25.1%19.2%
Los Angeles553N/AN/A0.0%9.7%
Big Thicket Lake Estates596N/A$107,20025.3%35.1%
Placedo539N/A$45,9000.0%24.1%

A note before these figures: with a population of 570, Oakwood's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Oakwood is a small community located in Texas, within Freestone County. The total population is 570. It ranks as the 1226th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Oakwood is 56.3 years. This is 58% higher than the state median of 35.6 years. With 37.0% of the population under 18, Oakwood has a notably young demographic profile, suggesting a family-oriented community. 12.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Oakwood is $37,396. This is 52% lower than the state median of $78,476. It is also 54% lower than the national median of $80,734. The poverty rate stands at 29.6%. This is 115% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.6%. This is 51% lower than the state rate of 5.3%. The median home value is $111,500. Housing costs are 61% lower than the state median of $283,800. The home-value-to-income ratio is 3.0x. 68.6% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Oakwood is White (non-Hispanic), making up 55.1% of the population. Black or African American residents account for 39.3%. The Black or African American population is significantly higher than the state average (39.3% vs 11.9%). The Hispanic or Latino population (1.1%) is well below the state average of 39.7%.

Education

9.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.4%.

Data Sources & Methodology

All demographic data for Oakwood, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Texas city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Oakwood, Texas?

Oakwood, Texas has a population of 570 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oakwood, TX?

The median household income in Oakwood is $37,396, which is 54% lower than the national median of $80,734.

What is the poverty rate in Oakwood, TX?

The poverty rate in Oakwood is 29.6%. This means approximately 169 residents live below the federal poverty line.

What is the racial makeup of Oakwood, Texas?

Oakwood's population is 55.1% White, 39.3% Black, 1.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Oakwood, TX?

The median home value in Oakwood is $111,500. The home-value-to-income ratio is 3.0x.

How educated is Oakwood, Texas?

9.8% of adults (25+) in Oakwood hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.