Oakwood, IL Profile: Facts, Map & Data

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Oakwood, Illinois - Basic Facts

The Village of Oakwood had a population of 1,603 as of July 1, 2016.

The primary coordinate point for Oakwood is located at latitude 40.1101 and longitude -87.7769 in Vermilion County. The formal boundaries for the Village of Oakwood (see map below) encompass a land area of 0.93 sq. miles and a water area of 0 sq. miles. Vermilion County is in the Central time zone (GMT -6). The elevation is 646 feet.

The Village of Oakwood (GNIS ID: 2399547) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Oakwood is located within Township of Oakwood, a minor civil division (MCD) of Vermilion County.

Beneath the boundary map are tables with Oakwood population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

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Village of Oakwood, IL Boundary Map



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Boundary Maps: Township of Oakwood | Vermilion County | Illinois Counties

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Oakwood, IL Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 1,603
Population in Households 1,603
Population in Familes 1,308
Population in Group Qrtrs 0
Population Density1 1,727
Diversity Index2 10
 

HOUSEHOLDS

Total Households 662
Average Household Size 2.42
Family Households 447
Average Family Size 3

HOUSING

Total Housing Units 677 (100%)
Owner Occupied HU 511 (75.5%)
Renter Occupied HU 150 (22.2%)
Vacant Housing Units 15 ( 2.2%)
Median Home Value $82,514
Average Home Value $111,937
 

INCOME

Median Household Income $47,309
Average Household Income $55,314
Per Capita Income $22,836
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.08% -0.33%
Households 0.1% -0.27%
Families 0.36% -0.41%
Median Household Income   -0.85%
Per Capita Income   0.89%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Oakwood, IL - Peer Comparisons by Rank and Percentile

The table below compares Oakwood to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 568 59th
Population Density1 # 384 72nd
Diversity Index2 # 873 36th
Median Household Income # 875 36th
Per Capita Income # 980 28th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.