A small town in Texas, Lone Oak has approximately 1,000 residents. Middle-aged professionals will feel right at home, as they make up an above-average percentage of the community, while young adults figure less prominently in the demographics. Overall, the town's population, at an average age of just under 44, skews older than most cities in Texas. Renters tend to be in the minority in Lone Oak, and 75% of residents own their homes. Renters in the town benefit from a relatively low average rent of $794 per month, which is $235 a month less than the state average.
Lone Oak has an average commute time of about 45 minutes, longer than the Texas average of about 27 minutes. Many residents (38%) drive themselves to work, while public transportation is not used. Biking is the second-most common means of commuting to work, chosen by 3% of commuters. Few workers commute on foot.
Compared to the national average, Lone Oak has a large concentration of residents over the age of 25 who have a high school degree or GED (34%). In addition, 5% have earned a Bachelor's degree and 3% possess a Master's or Doctoral degree. There are three primary industries in Lone Oak: retail, manufacturing, and education. Together, these industries account for 23% of the town's workforce. Meanwhile, in terms of job function, 11% of the town's population works in sales, making it the top career path in the town. Lone Oak workers earn an average annual income of about $52K, about $21,000 less than the average Texas resident. Lone Oak's average income also falls below the national average of $73,345.
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