Also See Oakwood, IL: ZIP Codes & Maps
The Village of Oakwood had a population of 1,296 as of July 1, 2023.
The primary coordinate point for Oakwood is located at latitude 40.1161 and longitude -87.7784 in Vermilion County. The formal boundaries for the Village of Oakwood 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 Village of Oakwood 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.
POPULATION | |
---|---|
Total Population | 1,296 (100%) |
Population in Households | 1,296 (100.0%) |
Population in Families | 1,059 (81.7%) |
Population in Group Quarters1 | 0 |
Population Density | 1,396 |
Diversity Index2 | 19 |
INCOME | |
Median Household Income | $55,405 |
Average Household Income | $70,697 |
% of Income for Mortgage4 | 10% |
Per Capita Income | $31,421 |
Wealth Index5 | 51 |
Socioeconomic Status Index6 | Moderate (48.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 666 (100%) |
Owner Occupied HU | 459 (68.9%) |
Renter Occupied HU | 117 (17.6%) |
Vacant Housing Units | 90 (13.5%) |
Median Home Value | $95,037 |
Average Home Value | $132,026 |
Housing Affordability Index3 | 208 |
HOUSEHOLDS | |
Total Households | 576 |
Average Household Size | 2.25 |
Family Households | 375 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.68% | -0.74% |
Households | -0.84% | -0.46% |
Families | -0.65% | |
Median Household Income | 2.45% | |
Per Capita Income | 2.47% | |
Owner Occupied HU | -0.13% |
The table below compares Oakwood to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 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 | # 610 | 58th |
Population Density | # 471 | 68th |
Median Household Income | # 1054 | 28th |
Housing Affordability Index | # 1204 | 82nd |
Per Capita Income | # 1041 | 29th |
Diversity Index | # 774 | 47th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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