Red Oak, Texas Median Income

Red Oak, Texas has a population of 15,818, with a median household income of $92,184.

Current median income data for Red Oak.

$92,184

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Population

15,818

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Median Income

$92,184

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Unemployment

2.80%

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Housing Price

$336,700

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Crime Rate

10.10

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Internet Speed

219.40 Mbps

Red Oak is a small local community located in Texas. The city has a population that is above the average city population in Texas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Red Oak, located in Texas, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Red Oak has a population of 15,818, which is higher than the state average. This indicates a relatively larger urban presence within Texas.

Income and Economy

The median household income in Red Oak is $92,184, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Red Oak average around $336,700, which is relatively high compared to other cities in Texas.

Employment and Safety

The unemployment rate in Red Oak is 2.80%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Red Oak are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Texas, Red Oak shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Red Oak continues to play a role in shaping regional trends in Texas, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Red Oak

What is the population of Red Oak?

The population of Red Oak is approximately 15,818.

Is Red Oak a good place to live?

Red Oak offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Red Oak?

The median household income in Red Oak is around $92,184.

How expensive is housing in Red Oak?

The average housing price in Red Oak is approximately $336,700.