Median Income
$65,000
household / year
Median Home Value
$103,100
owner-occupied
Median Rent
$950
gross / month
Cost of Living
91
national avg = 100

Is Oakwood, TX a Good Place to Live?

Oakwood is a small town of 539 in Texas, with a median household income of $65,000 . Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Oakwood stands out for an affordable cost of living, below-average home prices, solid school ratings (A-).

Trade-offs: No major red flags stand out in the available data. Whether Oakwood is right for you depends on your priorities — the full breakdown is below.

All Oakwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.3

Oakwood's overall cost of living index is 91.3, where 100 represents the US national average. Living in Oakwood costs roughly 9% less than the average American city.

Metric Oakwood, TX National Avg
Median Home Value $103,100 $244,900
Median Monthly Rent $950 $1,163
Homeownership Rate 76.4% 65.9%
Median Household Income $65,000 $74,755

Crime & Safety

Very Safe

Oakwood's violent crime rate is 132.2 per 100,000 residents — 65% lower than the national average of ~380 per 100,000.

Violent Crime
132.2 /100k
Property Crime
1074.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Oakwood is served primarily by OAKWOOD ISD. The student-to-teacher ratio is 9.0:1 (better than the national average of ~16:1).

Metric Oakwood, TX National Avg
School District OAKWOOD ISD —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 9.0:1 16:1
Bachelor's Degree or Higher 8.0% 35.4%
High School Diploma or Higher 94.0% 91.1%

Weather & Climate

Oakwood sees average highs of 58.8°F in January and 93.9°F in July, with 42.6 inches of annual precipitation .

MetricOakwood, TX
Average High — January58.8°F
Average High — July93.9°F
Annual Precipitation42.6"
Annual SnowfallTrace / None

Demographics

MetricOakwood, TXNational Avg
Population539—
Median Age45.838.9
Unemployment Rate0.0%3.7%
Avg Commute Time27.3 min26 min
White (non-Hispanic)73.7%59.3%
Black or African American21.9%13.6%
Hispanic or Latino0.7%18.9%
Asian0.0%6.3%
Under 1831.7%22.2%
65 and over34.5%16.8%

Nearby Cities

ZIP Codes in Oakwood

Oakwood, TX is covered by 1 ZIP code:

Oakwood vs Other Cities

Frequently Asked Questions

Oakwood's cost of living index is 91, where 100 is the national average. That makes Oakwood roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $103,100 and median rent is $950/month.
Oakwood's violent crime rate is 132.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1074.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Oakwood are operated by OAKWOOD ISD. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 9.0:1. 8.0% of adults 25+ hold a bachelor's degree or higher.
Oakwood, TX has a population of 539, a median household income of $65,000, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Oakwood averages 58.8°F in January and 93.9°F in July. Annual rainfall is 42.6 inches . Based on NOAA 30-year climate normals (1991–2020).
Oakwood, TX is covered by 1 ZIP code: 75855.
The population of Oakwood, Texas is 539 with a median age of 45.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Oakwood: cost of living index 91 (100 = US average), median home $103,100, median household income $65,000, crime index 41 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Oakwood side by side with your current city to see the trade-offs.