Oak Valley, TX Profile: Facts & Data

The Town of Oak Valley had a population of 455 as of July 1, 2024. Oak Valley ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Oak Valley is located at latitude 32.0335 and longitude -96.513 in Navarro County. The formal boundaries for the Town of Oak Valley encompass a land area of 1.93 sq. miles and a water area of 0.03 sq. miles. Navarro County is in the Central time zone (GMT -6).

The Town of Oak Valley has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Oak Valley is located within Corsicana Division of Navarro County.

Oak Valley, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	455 (100%)
Population in Households	455 (100.0%)
Population in Families	402 (88.4%)
Population in Group Quarters¹	0
Population Density	235
Diversity Index²	75


INCOME
Median Household Income	$65,121
Average Household Income	$74,892
% of Income for Mortgage⁴	17%
Per Capita Income	$28,146
Wealth Index⁵	60
Socioeconomic Status Index⁶	Low (36.9)

HOUSING
Total HU (Housing Units)	195 (100%)
Owner Occupied HU	129 (66.2%)
Renter Occupied HU	42 (21.5%)
Vacant Housing Units	24 (12.3%)
Median Home Value	$177,717
Average Home Value	$215,310
Housing Affordability Index³	136

HOUSEHOLDS
Total Households	171
Average Household Size	2.66
Family Households	126
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Oak Valley, TX - Peer Comparisons by Rank and Percentile

The table below compares Oak Valley to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.72%	1.86%
Households	3.13%	1.91%
Families		2.28%
Median Household Income		2.59%
Per Capita Income		3.26%
Owner Occupied HU		1.21%

Variable Description	Rank	Percentile
Total Population	# 1284	31st
Population Density	# 1487	20th
Median Household Income	# 878	53rd
Housing Affordability Index	# 1314	71st
Per Capita Income	# 1228	34th
Diversity Index	# 488	74th

Oak Valley, TX Profile: Facts & Data

Oak Valley, Texas - Basic Facts

Oak Valley, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Oak Valley, TX - Peer Comparisons by Rank and Percentile

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