Oak Point, TX is an affluent suburban city located in the Dallas-Fort Worth metropolitan area. It is a great location for families seeking a peaceful environment and access to plenty of amenities. The 2 bedroom rent in Oak Point is $2,240, which is significantly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Oak Point (101) is slightly higher than the US index (100). Therefore, it’s clear that living in Oak Point comes with a certain level of affluence.
Oak Point has several notable companies and establishments such as Millennium Surgical Corporation, Chase Oaks Church and Cloverleaf Lanes Bowling Center. There are also plenty of restaurants and bars that make it a great place to hang out with friends or family. All in all, Oak Point provides its residents with plenty of opportunities to enjoy their life and have access to great services.
Oak Point has an unemployment rate of 5.6%. The US average is 6.0%.
Oak Point has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 50.0%, which is higher than the US average of 33.5%.
Tax Rates for Oak Point
- The Sales Tax Rate for Oak Point is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Oak Point is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oak Point
- The average income of a Oak Point resident is $42,711 a year. The US average is $28,555 a year.
- The Median household income of a Oak Point resident is $97,308 a year. The US average is $69,021 a year.