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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Double Oak | 3,071 | $172,321 | $736,600 | $1,383 |
| Flower Mound | 78,389 | $161,235 | $560,200 | $2,231 |
| Lantana | 12,766 | $199,489 | $587,500 | $3,458 |
| Copper Canyon | 2,514 | $155,625 | $744,300 | $1,950 |
| Bartonville | 2,112 | $149,071 | $932,700 | — |
| Highland Village | 16,101 | $159,828 | $550,000 | $2,429 |
| Argyle | 5,371 | $181,352 | $695,300 | $2,713 |
| Hickory Creek | 5,611 | $148,852 | $507,200 | $2,192 |
| Corinth | 23,385 | $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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