Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Oak Point, Texas is a small-sized city with a population of 5,077 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (81% White). Given that fact, Oak Point could be considered less diverse than other cities. Something to be aware of when living in Oak Point are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 36 minutes, this comes in much higher than the national average of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Oak Point could be a positive experience compared to other cities in Texas if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Oak Point and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Using data and statistics Oak Point has received a livability score of 64/100. This score is ranked in the 56th percentile when compared to all other cities. If we explore each of the categories individually, we see that Oak Point ranks well for crime (A+). Oak Point does not fare well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Oak Point, the unemployment rate stands at 1.49%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Oak Point market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Oak Point. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Oak Point are affordable. The median home price for Oak Point homes is $301,300, which is 111.1% higher than the Texas average. If we take a closer look at the affordability of homes in Oak Point, we’ll see that the home price to income ratio is 2.9, which is 11.5% higher than the Texas average.
| Statistic | Oak Point | Texas | National |
| Average one way commute | 36min | 26min | 26min |
| Workers who drive to work | 59.8% | 80.3% | 76.4% |
| Workers who carpool | 10.1% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.3% | 1.6% | 2.8% |
| Working from home | 29.8% | 4.3% | 4.6% |
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