Lake Petersburg vs Oakford

A side-by-side comparison of Lake Petersburg and Oakford: population, income, housing, and more.

Lake Petersburg and Oakford are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Petersburg has the higher population (769 vs 258 in Oakford). Lake Petersburg has the higher median household income ($124,643 vs $65,813 in Oakford). Lake Petersburg has the higher median home value ($336,200 vs $101,900 in Oakford).

Population, income & housing

	Lake Petersburg	Oakford
Population	769	258
Median age	59.0 yrs	33.3 yrs
Median household income	$124,643	$65,813
Median home value	$336,200	$101,900
Median gross rent	—	$833
Housing units	388	116
Homeownership rate	100.0%	84.5%
Bachelor's degree or higher	40.6%	10.1%
Unemployment rate	2.9%	2.3%

Trends (ACS 5-year, 2019–2023)

	Lake Petersburg	Oakford
Population	449 → 769 (+71.3%)	283 → 258 (-8.8%)
Median household income	$74,500 → $124,643 (+67.3%)	$61,250 → $65,813 (+7.4%)
Median home value	$270,400 → $336,200 (+24.3%)	$82,100 → $101,900 (+24.1%)
Median gross rent	—	$713 → $833 (+16.8%)

Lake Petersburg

Population

449769

Median household income

$74,500$124,643

Median home value

$270,400$336,200

Oakford

Population

283258

Median household income

$61,250$65,813

Median home value

$82,100$101,900

Median gross rent

$713$833

Age & race/ethnicity

Age distribution (share)

	Lake Petersburg	Oakford
Under 5	3.6%	5.8%
5 to 17	8.2%	23.6%
18 to 24	2.6%	5.0%
25 to 34	9.0%	20.2%
35 to 44	4.8%	10.5%
45 to 54	13.4%	8.1%
55 to 64	25.9%	12.0%
65 to 74	25.2%	6.2%
75 and over	7.3%	8.5%

Race & ethnicity (share)

	Lake Petersburg	Oakford
White (non-Hispanic)	92.2%	99.2%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	3.3%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.4%	0.8%
Hispanic or Latino	3.1%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Lake Petersburg	Oakford
No high school diploma	1.1%	6.5%
High school graduate	19.5%	49.1%
Some college or associate's	38.9%	34.3%
Bachelor's degree	29.3%	8.9%
Graduate or professional degree	11.2%	1.2%

Commute to work

How workers get to work (share)

	Lake Petersburg	Oakford
Drove alone	78.2%	92.1%
Carpooled	10.2%	4.8%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	11.6%	3.2%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Lake Petersburg	Oakford
1-unit, detached	100.0%	79.3%
1-unit, attached	0.0%	12.9%
2 to 4 units	0.0%	4.3%
5 to 19 units	0.0%	1.7%
20 or more units	0.0%	0.0%
Mobile home & other	0.0%	1.7%

Poverty & households

	Lake Petersburg	Oakford
Poverty rate	0.0%	4.7%
Average household size	2.22	2.50
Mean commute (minutes)	35	34
Median year structure built	1974	1956