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Oak Island, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
354
Population
$55,054
Median Income
$96,700
Home Value
67.1
Median Age

Demographics

Oak Island has a population of 354 with a median age of 67.1. Here is the racial and ethnic breakdown of the population:

White
44.6%
Hispanic
27.7%
Asian
24.9%
Other
2.8%
Demographic Value
Total Population354
Median Age67.1
White44.6%
Asian24.9%
Hispanic or Latino27.7%
Other / Two or More Races2.8%
Oak Island, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 44.6%Hispanic/Latino: 27.7%Asian: 24.9%Other: 2.8%354PopulationWhiteWhite44.6%Hispanic/LatinoHispanic/Latino27.7%AsianAsian24.9%OtherOther2.8%

Income & Economy

The median household income in Oak Island is $55,054, which is 31.7% below the national median of $80,610. The per capita income is $25,644. The poverty rate is 41.0%.

$55,054
Median Household Income
$25,644
Per Capita Income
41.0%
Poverty Rate

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Education

In Oak Island, 74.4% of residents age 25+ have a high school diploma or higher, and 10.9% hold a bachelor's degree or higher.

HS Diploma+
74.4%
Bachelor's+
10.9%
Education Level % of Adults (25+)
High School Diploma or Higher74.4%
Bachelor's Degree or Higher10.9%

Housing

The median home value in Oak Island is $96,700, below the national median of $303,400. The homeownership rate is 85.8%.

$96,700
Median Home Value
85.8%
Homeownership Rate
Housing Metric Value
Median Home Value$96,700
Homeownership Rate85.8%
Vacancy Rate36.2%

Salaries in Texas

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Frequently Asked Questions

What is the population of Oak Island, Texas?
The population of Oak Island, Texas is 354 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oak Island, Texas?
The median household income in Oak Island, Texas is $55,054. This is 31.7% below the national median of $80,610.
What is the median home value in Oak Island, Texas?
The median home value in Oak Island, Texas is $96,700.
What percentage of people in Oak Island have a college degree?
In Oak Island, Texas, 10.9% of adults age 25 and older hold a bachelor's degree or higher, and 74.4% have a high school diploma or higher.
Is Oak Island, Texas an affordable place to live?
The home price-to-income ratio in Oak Island, Texas is 1.8x (median home value $96,700 vs. median income $55,054), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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