Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.7 yrs |
|---|---|
| Avg HH Size | 2.37 |
| Below Poverty | 17.0% ▲ 70% above avg |
| College Grads | 23.1% ▼ 40% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 3 (0.2%) |
| HS Graduate | 820 (46.1%) |
| Some College | 395 (22.2%) |
| Associates | 149 (8.4%) |
| Bachelors | 177 (10%) |
| Graduate Degree | 234 (13.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,972 ▼ 28% below avg |
|---|---|
| Median Home Value | $123,600 ▼ 56% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $840/mo |
| Total Housing Units | 1,257 |
| Vacant Units | 110 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oakwood is a city in Illinois, located in Vermilion County. The city spans 1 ZIP code and is home to approximately 2,716 residents. It is a middle-aged city, with a median age of 43.7 years.
Economically, Oakwood is a working-class community. The median household income of $54,972 is below the national average. Approximately 17.0% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Oakwood is one of the more affordable housing markets in the country. Median home values stand at $123,600, which is well below the national average. Renters typically pay around $840 per month. Homeownership is high at 76.4%, typical of suburban and family-oriented communities.
The population of Oakwood is less-educated. 23.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.94%).
Oakwood, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61858 | 2,716 | $54,972 | $123,600 | $840 | 1.2% | 23.1% | 76.4% |