Oakwood vs Ridge Farm

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

Oakwood and Ridge Farm 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 887 in Ridge Farm). Ridge Farm has the higher median household income ($50,833 vs $43,894 in Oakwood). Oakwood has the higher median home value ($98,300 vs $73,000 in Ridge Farm).

Population, income & housing

	Oakwood	Ridge Farm
Population	1,243	887
Median age	40.8 yrs	44.9 yrs
Median household income	$43,894	$50,833
Median home value	$98,300	$73,000
Median gross rent	$795	$695
Housing units	638	399
Homeownership rate	75.9%	70.1%
Bachelor's degree or higher	7.8%	6.1%
Unemployment rate	1.3%	10.3%

Trends (ACS 5-year, 2019–2023)

	Oakwood	Ridge Farm
Population	1,636 → 1,243 (-24.0%)	940 → 887 (-5.6%)
Median household income	$56,964 → $43,894 (-22.9%)	$50,375 → $50,833 (+0.9%)
Median home value	$90,300 → $98,300 (+8.9%)	$63,700 → $73,000 (+14.6%)
Median gross rent	$704 → $795 (+12.9%)	$709 → $695 (-2.0%)

Oakwood

Population

1,6361,243

Median household income

$56,964$43,894

Median home value

$90,300$98,300

Median gross rent

$704$795

Ridge Farm

Population

940887

Median household income

$50,375$50,833

Median home value

$63,700$73,000

Median gross rent

$709$695

Age & race/ethnicity

Age distribution (share)

	Oakwood	Ridge Farm
Under 5	11.7%	3.3%
5 to 17	13.8%	21.0%
18 to 24	7.4%	7.8%
25 to 34	12.0%	6.4%
35 to 44	8.5%	11.8%
45 to 54	9.3%	10.5%
55 to 64	13.2%	19.5%
65 to 74	13.4%	10.3%
75 and over	10.7%	9.5%

Race & ethnicity (share)

	Oakwood	Ridge Farm
White (non-Hispanic)	95.5%	93.3%
Black or African American	0.7%	1.4%
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%	0.3%
Two or more races	3.2%	2.0%
Hispanic or Latino	0.4%	2.9%

Educational attainment (age 25+)

Share of adults 25+

	Oakwood	Ridge Farm
No high school diploma	4.3%	6.0%
High school graduate	53.4%	57.2%
Some college or associate's	34.5%	30.7%
Bachelor's degree	5.3%	4.0%
Graduate or professional degree	2.5%	2.2%

Commute to work

How workers get to work (share)

	Oakwood	Ridge Farm
Drove alone	86.1%	85.3%
Carpooled	3.2%	3.8%
Public transit	0.0%	0.0%
Walked	1.3%	0.6%
Bicycle	0.0%	0.0%
Worked from home	8.7%	10.3%
Other means	0.6%	0.0%

Housing

Units in structure (share)

	Oakwood	Ridge Farm
1-unit, detached	60.7%	86.2%
1-unit, attached	0.9%	0.8%
2 to 4 units	5.5%	3.3%
5 to 19 units	5.3%	5.5%
20 or more units	0.0%	3.0%
Mobile home & other	27.6%	1.3%

Poverty & households

	Oakwood	Ridge Farm
Poverty rate	26.6%	9.8%
Average household size	2.18	2.44
Mean commute (minutes)	25	32
Median year structure built	1973	1955