Also See: Oakwood, IL ZIP Codes & ZIP Code Maps
The Village of Oakwood had a population of 1,551 as of July 1, 2020.
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 elevation is 643 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.
|Total Population||1,551 (100%)|
|Population in Households||1,551 (100.0%)|
|Population in Families||1,262 (81.4%)|
|Population in Group Quarters1||0|
|Median Household Income||$50,838|
|Average Household Income||$59,776|
|% of Income for Mortgage4||7%|
|Per Capita Income||$25,119|
|Total HU (Housing Units)||693 (100%)|
|Owner Occupied HU||514 (74.2%)|
|Renter Occupied HU||138 (19.9%)|
|Vacant Housing Units||41 ( 5.9%)|
|Median Home Value||$81,753|
|Average Home Value||$103,119|
|Housing Affordability Index3||327|
|Average Household Size||2.38|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.95%|
|Per Capita Income||1.78%|
|Owner Occupied HU||-0.43%|
The table below compares Oakwood to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 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.
|Total Population||# 571||58th|
|Population Density||# 382||72nd|
|Median Household Income||# 947||31st|
|Housing Affordability Index||# 1154||84th|
|Per Capita Income||# 1039||24th|
|Diversity Index||# 843||39th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.