Last updated: 2024 BLS data · Page refreshed:
Lone Oak has a population of 1,422 with a median age of 48.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,422 |
| Median Age | 48.8 |
| White | 91.3% |
| Asian | 7.0% |
| Hispanic or Latino | 3.9% |
The median household income in Lone Oak is $40,781, which is 49.4% below the national median of $80,610. The per capita income is $31,398. The poverty rate is 14.8%.
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In Lone Oak, 82.8% of residents age 25+ have a high school diploma or higher, and 19.0% hold a bachelor's degree or higher (9.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 82.8% |
| Bachelor's Degree or Higher | 19.0% |
| Graduate or Professional Degree | 9.9% |
The median home value in Lone Oak is $257,500, below the national median of $303,400. The median monthly rent is $687. The homeownership rate is 71.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $257,500 |
| Median Monthly Rent | $687 |
| Homeownership Rate | 71.9% |
| Vacancy Rate | 12.5% |
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