States › Texas › Oak Point

Is Oak Point, TX expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,34334% higher than U.S. average
💵 Families earn per year (2026)$136,204about $11,350/month · 56% higher than U.S. average
🔑 House price$395,90019% higher than U.S. average

Rent is higher than in 81% of U.S. cities. Household incomes are higher than in 85% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 33.1 minutes each way. Most homes (89.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $93,720 a year. That is $45 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 383 of 426 cities from cheapest to most expensive.

Oak Point
$2,343
Willow Park
$3,335
Wake Village
$1,041
Yoakum
$1,343
Josephine
$1,776
Childress
$958
Aledo
$2,683

How much do households earn in Oak Point?

Under $25k
3.0%
$25k–50k
15.1%
$50k–100k
31.2%
$100k–150k
31.7%
$150k+
21.3%

Share of households by yearly income. 53.0% of households earn $100,000 or more.

How expensive is Oak Point overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oak Point, so the Texas figure is shown.

Taxes and bills in Oak Point

🏛️ Property tax$6,815a year · 1.72% of home value · U.S. $3,119
⚡ Electric bill$208a month (typical) · U.S. $156

Life in Oak Point

Commute to work33.1 minU.S.: 26.4 min
College degree51.8%U.S.: 35.7%
Own their home89.5%U.S.: 65.2%
Below poverty line1.5%U.S.: 12.5%
Unemployment1.7%U.S.: 5.2%

Is it cheaper to rent or buy in Oak Point?

Renting is cheaper right now: about $404 a month less.

Renting
$2,343
Owning
$2,747

Owning assumes a typical $395,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,590 for the down payment.

Frequently asked questions

What is the average rent in Oak Point, TX?

Renting in Oak Point costs a median of about $2,343 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Oak Point?

To keep rent under 30% of income, you need about $93,720 a year, or $45 an hour at a full-time job.

Is Oak Point cheap or expensive?

Oak Point is rated OK: rent takes 20.6% of the typical household income of $136,204. It ranks 383rd cheapest of 426 Texas cities we track.

How much are property taxes in Oak Point?

The median homeowner in Oak Point pays $6,815 a year in property taxes, about 1.72% of the median home value.

Is Oak Point more expensive than the national average?

Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Oak Point?

The median home value in Oak Point is $395,900, about 2.9 times the typical yearly household income.

5,887 people live in Oak Point. Numbers are typical (middle) values.