Oakford, IL Profile: Facts & Data

Advertisement

Oakford Local Links & Resources:
Resources | ALL Oakford Content
Planning to visit Oakford? See Local Hotels

Also See: Oakford, IL ZIP Codes & ZIP Code Maps | Local Area Photos

Oakford, Illinois - Basic Facts

The Village of Oakford had a population of 273 as of July 1, 2019. Oakford ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Oakford is located at latitude 40.1025 and longitude -89.9632 in Menard County. The formal boundaries for the Village of Oakford encompass a land area of 0.25 sq. miles and a water area of 0 sq. miles. Menard County is in the Central time zone (GMT -6). The elevation is 495 feet.

The Village of Oakford (GNIS ID: 2399542) 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 Oakford is located within Oakford Number 9 Election Precinct, a minor civil division (MCD) of Menard County.


Jump to... (On This Page!)
  1. Oakford 2019 Demographic Data
  2. Growth Rates for Oakford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

Oakford, IL - Most Popular Things to Do

Also See: Nearby Photos | Nearby Hotels | Driving Directions

Use HTL Address Research for a Illinois Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Advertisement

Oakford, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Oakford, IL Housing Affordability Index is 244
State of Illinois Housing Affordability Index is 119
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Oakford, IL Wealth Index is 52
State of Illinois Wealth Index is 105
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Illinois COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 273 (100%)
Population in Households 273 (100.0%)
Population in Families 225 (82.4%)
Population in Group Quarters1 0
Population Density 1,097
Diversity Index2 2
 

INCOME

Median Household Income $58,382
Average Household Income $62,679
Per Capita Income $26,472
Wealth Index4 52

HOUSING

Total Housing Units 128 (100%)
Owner Occupied HU 85 (66.4%)
Renter Occupied HU 32 (25.0%)
Vacant Housing Units 11 ( 8.6%)
Median Home Value $122,727
Housing Affordability Index3 244
 

HOUSEHOLDS

Total Households 117
Average Household Size 2.33
Family Households 83
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.5% -0.59%
Households -0.27% -0.52%
Families -0.13% -0.49%
Median Household Income   1.5%
Per Capita Income   2.46%

Oakford, IL - Peer Comparisons by Rank and Percentile

The table below compares Oakford to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 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 # 1111 19th
Population Density # 685 50th
Diversity Index # 1357 1st
Median Household Income # 652 52nd
Per Capita Income # 892 35th

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

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Illinois Census Data Comparison Tool

Compare Illinois July 1, 2019 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement