This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Oak Point page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 5,395, so Oak Point should be compared with similar-size places before using broader Texas averages. Median household income is $109,528, so the best affordability read for Oak Point is income versus housing, taxes, utilities, and insurance together.
Median home value is $368,000, so ownership costs in Oak Point should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $2,215/mo, so renters can compare Oak Point against ownership costs and nearby rental markets.
Housing and Income Context
For Oak Point, household income runs high enough that housing choice can dominate affordability. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Oak Point looks more favorable for renting, buying, or comparing with Lake Dallas, TX.
Utility Cost Context
The residential electricity benchmark is $0.164/kWh, so Oak Point households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Oak Point is a Texas state-level EIA benchmark, so it should not be read as a local provider tariff.
For Oak Point, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $6,704, so Oak Point buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Oak Point address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Oak Point depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Oak Point, especially when comparing with Lake Dallas, TX.
Population and Demographics
Median age is 34.1, so Oak Point may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 44.8%, so Oak Point education context can be useful when reading labor-market and school sections.
Unemployment is 4.3%, so Oak Point wage and job-market context should be compared with commute options and regional employment centers.
