Living in Double Oak, Texas

Cost of living, income, home prices, rent and demographics of Double Oak · Census data 2020–2024

Double Oak has 3,071 residents with a median age of 50.3. The median household income is $172,321 (120% higher than the Texas median), the median home value is $736,600, the median rent is $1,383/month.

Double Oak at a glance

Population
3,071
Median age
50.3State: 35.6
Median household income
$172,321State: $78,476
Median home value
$736,600State: $283,800
Median rent
$1,383/moState: $1,403
Homeowners
97.6%
Bachelor's degree or higher
55.2%
Average commute
27 min

Is Double Oak a good place to live?

Pros: Median household income 120% higher than the Texas median; an average commute of 27 minutes; unemployment of 2.6%; a poverty rate of 3.7%.

Cons: Home values 160% higher than the state median.

The weather is best in March to May and October.

Cost of living in Double Oak

Housing is the biggest part of the cost of living. In Double Oak the median home value is $736,600, 121% higher than the U.S. median. Renters pay a median of $1,383 per month, which is 41.3% of household income. Homeowners with a mortgage pay $3,435 a month in housing costs.

Median home value

Double Oak$736,600
Texas$283,800
United States$332,700

Median monthly rent

Double Oak$1,383
Texas$1,403
United States$1,413

Double Oak median household income

The median household income in Double Oak is $172,321 and the income per person is $69,795. 3.7% of residents live below the poverty line (Texas: 13.8%).

Median household income

Double Oak$172,321
Texas$78,476
United States$80,734

Housing in Double Oak: homes for sale and rent

Housing units
1,107
Owner-occupied
97.6%
Renter-occupied
2.4%
Vacant
2.5%Includes seasonal homes
Median year built
1988
Average household size
2.83

Double Oak demographics

Population
3,071
Median age
50.3
Under 18
20.3%
65 and older
22.7%
Households
1,079
Foreign-born
6.4%
Veterans
9.3%Adults 18+

Race and ethnicity

White85.1%
Hispanic or Latino6.7%
Black2.5%
Asian1.6%

Hispanic or Latino can be of any race. Population history of Double Oak ›

Education in Double Oak

55.2% of adults 25 and older in Double Oak have a bachelor's degree or higher (Texas: 33.8%), and 20.1% have a graduate or professional degree.

Bachelor's degree or higher

Double Oak55.2%
Texas33.8%
United States35.7%

Jobs and commute in Double Oak

Unemployment rate
2.6%State: 5.3%
Average commute
27 minState: 27 min
Work from home
29.2%
Drive alone
67.5%
Public transit
0.1%
Walk to work
0.2%
Homes with broadband
97.9%

Double Oak vs nearby towns

TownPopulationMedian incomeHome valueRent
Double Oak3,071$172,321$736,600$1,383
Flower Mound78,389$161,235$560,200$2,231
Lantana12,766$199,489$587,500$3,458
Copper Canyon2,514$155,625$744,300$1,950
Bartonville2,112$149,071$932,700—
Highland Village16,101$159,828$550,000$2,429
Argyle5,371$181,352$695,300$2,713
Hickory Creek5,611$148,852$507,200$2,192
Corinth23,385$120,580$375,600$1,891

More for people moving to Double Oak

Double Oak ZIP code ›Weather and climate ›

Living in Double Oak: FAQ

What is the median household income in Double Oak, TX?

The median household income in Double Oak is $172,321, 120% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Double Oak?

The median home value in Double Oak is $736,600, compared with $283,800 in Texas.

How much is rent in Double Oak?

The median gross rent in Double Oak is $1,383 per month, about 41.3% of household income.

Is Double Oak, TX a good place to live?

Pluses: median household income 120% higher than the Texas median; an average commute of 27 minutes; unemployment of 2.6%; a poverty rate of 3.7%. Minuses: home values 160% higher than the state median.

What is the median age in Double Oak?

The median age in Double Oak is 50.3 years (Texas: 35.6).

How long is the commute in Double Oak?

The average commute to work in Double Oak is 27 minutes; 29.2% of workers work from home.

What is the unemployment rate in Double Oak?

The unemployment rate in Double Oak is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Double Oak?

55.2% of adults in Double Oak have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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