City

Oakford, IL

1 ZIP code  ·  Menard County  ·  Illinois

👥505Population
💰$80,606Median HH Income≈ Avg
🎂54.1Median Age
🏠$134,400Median Home Value▼ 52% below avg
🎓24.0%College Grads▼ 38% below avg
📊1.0%Unemployment▼ 80% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 45.2% Female 54.9% ♀

Race & Ethnicity

White: 89.9%Other: 0.4%Race
White89.9%
Other0.4%

Age Breakdown

Under 5
3%
5–17
16%
18–24
8%
25–44
19%
45–64
40%
65+
7%

Key Indicators

Median Age54.1 yrs
Avg HH Size2.23
Below Poverty11.3% ▲ 13% above avg
College Grads24.0% ▼ 38% below avg
Unemployment1.0% ▼ 80% below avg
No HS Diploma22 (6.1%)
HS Graduate164 (45.2%)
Some College86 (23.7%)
Associates4 (1.1%)
Bachelors53 (14.6%)
Graduate Degree34 (9.4%)

Education

No HS: 6.1%HS Grad: 45.2%Some College: 23.7%Associates: 1.1%Bachelors: 14.6%Graduate: 9.4%Edu
No HS6.1%
HS Grad45.2%
Some College23.7%
Associates1.1%
Bachelors14.6%
Graduate9.4%
Housing & Income

Housing Tenure

Owner: 86.7%Renter: 13.3%Tenure
Owner86.7%
Renter13.3%

Home Value Distribution

Under $50k
1%
$50k–$100k
37%
$100k–$150k
14%
$150k–$200k
18%
$200k–$300k
23%
$300k–$500k
7%

Financials

Median HH Income$80,606 ≈ Avg
Median Home Value$134,400 ▼ 52% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Total Housing Units264
Vacant Units38

Income Distribution

Under $25k
19%
$25k–$50k
6%
$50k–$75k
17%
$75k–$100k
33%
$100k–$150k
13%
$150k–$200k
9%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
78%
Work From Home
22%

Commute Time

Under 15 min
11%
15–30 min
13%
30–45 min
20%
Over 45 min
55%
Housing Stock

Year Built

Before 1940
10%
1940s–1950s
9%
1960s–1970s
13%
1980s–1990s
12%
2000+
55%
About Oakford, IL

Oakford is a city in Illinois, located in Menard County. The city spans 1 ZIP code and is home to approximately 505 residents. It is a mature city, with a median age of 54.1 years.

Economically, Oakford is a middle-income community. The median household income of $80,606 is near the national average. Approximately 11.3% of residents live below the poverty line. The unemployment rate is 1.0%, well below the national average.

The real estate market in Oakford is one of the more affordable housing markets in the country. Median home values stand at $134,400, which is well below the national average. Homeownership is high at 86.7%, typical of suburban and family-oriented communities.

The population of Oakford is less-educated. 24.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (89.9%).

Oakford, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Oakford
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
62673 505 $80,606 $134,400 1.0% 24.0% 86.7%