Oakwood vs Rankin

A side-by-side comparison of Oakwood and Rankin: population, income, housing, and more.

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

Oakwood has the higher population (1,243 vs 560 in Rankin). Rankin has the higher median household income ($47,125 vs $43,894 in Oakwood). Oakwood has the higher median home value ($98,300 vs $57,700 in Rankin).

Population, income & housing

	Oakwood	Rankin
Population	1,243	560
Median age	40.8 yrs	32.7 yrs
Median household income	$43,894	$47,125
Median home value	$98,300	$57,700
Median gross rent	$795	$718
Housing units	638	265
Homeownership rate	75.9%	68.0%
Bachelor's degree or higher	7.8%	10.3%
Unemployment rate	1.3%	23.3%

Trends (ACS 5-year, 2019–2023)

	Oakwood	Rankin
Population	1,636 → 1,243 (-24.0%)	543 → 560 (+3.1%)
Median household income	$56,964 → $43,894 (-22.9%)	$49,375 → $47,125 (-4.6%)
Median home value	$90,300 → $98,300 (+8.9%)	$51,700 → $57,700 (+11.6%)
Median gross rent	$704 → $795 (+12.9%)	$658 → $718 (+9.1%)

Oakwood

Population

1,6361,243

Median household income

$56,964$43,894

Median home value

$90,300$98,300

Median gross rent

$704$795

Rankin

Population

543560

Median household income

$49,375$47,125

Median home value

$51,700$57,700

Median gross rent

$658$718

Age & race/ethnicity

Age distribution (share)

	Oakwood	Rankin
Under 5	11.7%	1.6%
5 to 17	13.8%	24.8%
18 to 24	7.4%	5.7%
25 to 34	12.0%	22.3%
35 to 44	8.5%	14.1%
45 to 54	9.3%	7.7%
55 to 64	13.2%	15.9%
65 to 74	13.4%	4.6%
75 and over	10.7%	3.2%

Race & ethnicity (share)

	Oakwood	Rankin
White (non-Hispanic)	95.5%	93.0%
Black or African American	0.7%	0.0%
American Indian & Alaska Native	0.2%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	3.2%	1.3%
Hispanic or Latino	0.4%	5.7%

Educational attainment (age 25+)

Share of adults 25+

	Oakwood	Rankin
No high school diploma	4.3%	18.2%
High school graduate	53.4%	42.6%
Some college or associate's	34.5%	28.9%
Bachelor's degree	5.3%	7.9%
Graduate or professional degree	2.5%	2.4%

Commute to work

How workers get to work (share)

	Oakwood	Rankin
Drove alone	86.1%	75.5%
Carpooled	3.2%	14.5%
Public transit	0.0%	0.0%
Walked	1.3%	0.0%
Bicycle	0.0%	0.0%
Worked from home	8.7%	8.5%
Other means	0.6%	1.5%

Housing

Units in structure (share)

	Oakwood	Rankin
1-unit, detached	60.7%	84.2%
1-unit, attached	0.9%	0.0%
2 to 4 units	5.5%	0.8%
5 to 19 units	5.3%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	27.6%	15.1%

Poverty & households

	Oakwood	Rankin
Poverty rate	26.6%	39.0%
Average household size	2.18	2.76
Mean commute (minutes)	25	29
Median year structure built	1973	1938