CensusEasy
CITY · 2020 ACS

Oakwood

Illinois · 1,325 residents · 0.928 sq mi
Time machine
COMPARE TO
Part of the Danville micropolitan area
Compare
The short version

Oakwood has notably lower household income than the US average, with a median household income of $45,602. Population has declined 12% since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $91,400. The poverty rate of 23.8% is well above the national figure. Households here earn about 33% less than the Illinois median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 42.0
US median: 38.8
Less educated
12% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,325
−12%since 2000
from 1,502 in 2000
1990 – 2025
Population density
1,428 / sq mi
−12%since 2000
from 1,619 / sq mi in 2000
US average: 280
Median age
42.0
+16%since 2000
from 36.3 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K2K2K2K1990201020202024Oakwood
20241K
1990201020202024
Section 02

Income & economy

Median household income
$45,602
−27%inflation adjusted, since 2000
from $41,477 in 2000
US average: $66,278
1990 – 2024
Per capita income
$22,833
+22%since 2000
from $18,655 in 2000
US average: $35,364
Households earning $100K+
34.4%
+19.4 ptssince 2009
from 15.0% in 2009
US average: 43.9%
Poverty rate
23.8%
+15.7 ptssince 2000
from 8.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Information15.9%
US avg: 11.1%
Retail trade8.8%
US avg: 10%
Transportation & warehousing8%
US avg: 2.5%
Other services7.9%
US avg: 6.6%
Finance & insurance7.4%
US avg: 5.5%
Public administration6.8%
US avg: 4.7%
Wholesale trade5.8%
US avg: 6.7%
Professional, scientific, technical5.7%
US avg: 4.7%
Education & health services1.8%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$91,400
+18%inflation adjusted, since 2000
from $51,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$589
−5%inflation adjusted, since 2000
from $413 in 2000
US average: $1,124
Owner-occupied
77.9%
−3.8 ptssince 2000
from 81.6% in 2000
22.1% rent
Afford Score
2.0
+61%since 2000
from 1.2 in 2000
1990 – 2024
RELATED:See current rent listings in Oakwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.8%(1,484)
Black0.1%(2)
Hispanic / Latino0.5%(8)
Asian0.1%(1)
Other0%
Diversity Score1.8%(27)
2020
White, non-Hispanic90.7%(1,202)
Black1.1%(14)
Hispanic / Latino2.1%(28)
Asian0.2%(3)
Other0.5%(7)
Diversity Score10.1%(133)
Diversity Score
10
+451%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
11.8%
+1.3 ptssince 2000
from 10.5% in 2000
US average: 32.9%
High school or higher
94.7%
+8.8 ptssince 2000
from 85.9% in 2000
US average: 88.5%
Graduate degree
4.8%
+1.3 ptssince 2000
from 3.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.3 min
+66%since 2000
from 13.5 min in 2000
US average: 26.9
Drive alone to work
83.7%
−2.5 ptssince 2009
from 86.2% in 2009
US average: 75.1%
No vehicle available
5.3%
+3.5 ptssince 2009
from 1.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.2%
−7.2 ptssince 2011
from 10.3% in 2011
US average: 5.4%
Labor force participation
62.0%
−1.0 ptssince 2011
from 63.0% in 2011
US average: 63.4%
Management & professional
23.1%
−40.4 ptssince 2009
from 63.5% in 2009
US average: 39.3%
Section 08

People & community

Male
46.9%
+1.0 ptssince 2009
from 45.9% in 2009
Female
53.1%
−1.0 ptssince 2009
from 54.1% in 2009
Foreign born
0.3%
−0.1 ptssince 2009
from 0.4% in 2009
US average: 13.5%
Uninsured
2.9%
−91.8 ptssince 2013
from 94.7% in 2013
US average: 8.8%
Drill deeper

Places similar to Oakwood

Baldwin
Pop 1,394
Rodney
Pop 1,331
Glencoe
Pop 1,445
Babson Park
Pop 1,093
Places similar to Oakwood
Head to head

Compare Oakwood to nearby cities

OAKWOOD VS
Danville
Income$45,957+1%
Home value$79,000−14%
Population28,138+2109%
SEE FULL COMPARISON →
OAKWOOD VS
Urbana
Income$45,346−1%
Home value$184,900+102%
Population39,719+3018%
SEE FULL COMPARISON →
OAKWOOD VS
Rantoul
Income$48,691+7%
Home value$118,200+29%
Population11,991+841%
SEE FULL COMPARISON →
OAKWOOD VS
Savoy
Income$91,966+102%
Home value$320,300+250%
Population9,113+615%
SEE FULL COMPARISON →
Frequently asked

How many people live in Oakwood, Illinois?

Oakwood, Illinois has about 1,325 residents according to the 2020 American Community Survey.

What is the median household income in Oakwood, Illinois?

The typical household in Oakwood, Illinois earns about $45,602 a year. Half of households make more than that, and half make less.

Is Oakwood, Illinois expensive?

In Oakwood, Illinois, the median home is worth about $91,400, and the typical rent is about $589 a month.

How educated are people in Oakwood, Illinois?

About 11.8% of adults age 25 and over in Oakwood, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Oakwood, Illinois?

About 23.8% of people in Oakwood, Illinois live below the federal poverty line.

Has Oakwood, Illinois grown since 1990?

Yes, Oakwood, Illinois has shrunk since 1990. The population has lost about 212 residents, a change of about -14 percent over that period.

Keep going

Explore from here

Up the hierarchy
Illinois
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Oakwood with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →