There were 387 households out of which 36.2% had children under the age of 18 living with them, 62.0% were married couples living together, 7.2% had a female householder with no husband present, and 27.4% were non-families. 25.6% of all households were made up of individuals and 13.7% had someone living alone who was 65 years of age or older. The average household size was 2.69 and the average family size was 3.24.
In the city the population was spread out with 24.6% under the age of 18, 8.7% from 18 to 24, 27.5% from 25 to 44, 20.7% from 45 to 64, and 18.5% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 90.2 males. For every 100 females age 18 and over, there were 88.8 males.
The median income for a household in the city was $36,250, and the median income for a family was $42,031. Males had a median income of $29,688 versus $20,179 for females. The per capita income for the city was $14,132. About 7.0% of families and 8.3% of the population were below the poverty line, including 8.3% of those under age 18 and 22.0% of those age 65 or over.
Oatmeal Festival began in 1978 as a spoof of the many chili cook-offs in the state of Texas. Oatmeal was chosen as the theme for the festival because of the nearby town of Oatmeal. Ken Odiorne, who had lived in the Oatmeal community (in an area he knew as Ignert Ridge), dreamed it all up and with a little prodding from some good folks got it all going. He wrote to all the major producers of oatmeal and asked them for assistance. Only National Oats, the makers of 3 Minutes Oats, responded. In honor of this, all Oatmeal Festival events start at :03 or :33 past the hour.
Chili cooks eat hot peppers. Oatmeal cooks ate boiled okra. Chili cooks had beauty queens. Oatmeal cooks had Ms. Bag, who is over 55, Groaty Oat, who is beyond description, and Miss Cookie and Miss Muffin, who are 4 to 8 years old. Watermelon raisers spit seeds. Oatmeal cooks kicked cow chips.
The folks who put together the official map of the State of Texas had also decided to leave Oatmeal off the map because there was not an intersection of main highways there. Since the inception of the festival, however, Oatmeal is back on the map. A lot of folks come home to the country every Labor Day Weekend, even if it is hot and dry.
Over the years the money raised has built an open-air pavilion in Bertram and a community center at Oatmeal. Scholarships are given to local high school graduates every year. Financial assistance has been given to many local events including the Easter Egg Hunt, Santa's Workshop, and Burnet County Livestock Show.