| ZIP Code | 61943 |
|---|---|
| City | Oakland |
| State | Illinois (IL) |
| County | Coles County |
| Area Code | 217/447 |
| Elevation | 632 ft |
| Latitude | 39.661522 |
|---|---|
| Longitude | -88.023744 |
| Timezone | Chicago (DST) |
| FIPS | 17029 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.7 yrs ↑ 9% since 2019 |
|---|---|
| Avg Household Size | 2.06 |
| Below Poverty | 11.4% ▲ 14% above avg |
| College Grads | 30.4% ▼ 22% below avg |
| Unemployment | 6.8% ▲ 39% above avg |
| HS Graduate | 452 (41.5%) |
| Some College | 133 (12.2%) |
| Associates | 173 (15.9%) |
| Bachelors | 161 (14.8%) |
| Graduate Degree | 170 (15.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,500 ▼ 25% below avg ↑ 6% since 2019 |
|---|---|
| Median Home Value | $105,200 ▼ 62% below avg ↑ 29% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $528/mo ↓ 18% since 2019 |
| Total Units | 861 |
| Vacant Units | 135 |
| Avg HH Size | 2.06 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 861 |
|---|---|
| Vacant | 135 |
| Owner Occupied | 79.2% |
| Renter Occupied | 20.8% |
| Avg HH Size | 2.06 |
ZIP code 61943 is located in Oakland, Illinois, within Coles County. With a population of 1,495, this is a sparsely populated ZIP code with a mature community — the median age is 51.7 years. Economically, 61943 is a solidly middle-class ZIP code: the median household income of $57,500 is below the national average.
Real estate in ZIP code 61943 represents one of the more affordable housing markets in the country. The median home value of $105,200 is well below the national average. Renters can expect to pay around $528 per month in median rent. Homeownership is strong here — 79.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 29% since 2019.
The population of 61943 is primarily White (95.52%). Residents are moderately educated — 30.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 11.4%. Household income has grown by 6% since 2019.
The unemployment rate in 61943 stands at 6.8%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 61943 in Oakland, IL is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,495 residents, a median household income of $57,500, and a median home value of $105,200, it offers a clear picture of life in this part of Illinois.