Oakwood

Population: 1,243
Median household income: $43,894
Median home value: $98,300

Oakwood, a community in Vermilion County, Illinois, has 1,243 residents. Its median household income of $43,894 runs below the Vermilion County figure of $54,537.

Between 2019 and 2023, Oakwood's population declined 24.0% from 1,636 to 1,243, while its median home value rose 8.9% from $90,300 to $98,300.

Households average 2.18 people. The median gross rent is $795.

Demographics

ACS 2019–2023

Population: 1,243
Median age: 40.8 yrs
Median household income: $43,894
Median home value: $98,300
Median gross rent: $795
Housing units: 638
Homeownership rate: 75.9%
Bachelor's degree or higher: 7.8%
Unemployment rate: 1.3%

Trends

ACS 5-year · 2019–2023

Population

1,6361,243

Median household income

$56,964$43,894

Median home value

$90,300$98,300

Median gross rent

$704$795

Year	Population	Median household income	Median home value	Median gross rent
2019	1,636	$56,964	$90,300	$704
2020	1,514	$45,602	$91,400	$589
2021	1,420	$45,438	$87,600	$643
2022	1,350	$47,344	$103,800	$718
2023	1,243	$43,894	$98,300	$795

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 511.7%

5 to 1713.8%

18 to 247.4%

25 to 3412.0%

35 to 448.5%

45 to 549.3%

55 to 6413.2%

65 to 7413.4%

75 and over10.7%

	Count	Share
Under 5	146	11.7%
5 to 17	171	13.8%
18 to 24	92	7.4%
25 to 34	149	12.0%
35 to 44	106	8.5%
45 to 54	115	9.3%
55 to 64	164	13.2%
65 to 74	167	13.4%
75 and over	133	10.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,187	95.5%
Black or African American	9	0.7%
American Indian & Alaska Native	2	0.2%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	40	3.2%
Hispanic or Latino (any race)	5	0.4%

Educational attainment (age 25+)

No high school diploma4.3%

High school graduate53.4%

Some college or associate's34.5%

Bachelor's degree5.3%

Graduate or professional degree2.5%

	Count	Share
No high school diploma	36	4.3%
High school graduate	445	53.4%
Some college or associate's	288	34.5%
Bachelor's degree	44	5.3%
Graduate or professional degree	21	2.5%

Commute to work

Mean travel time to work: 25 min

Drove alone86.1%

Carpooled3.2%

Public transit0.0%

Walked1.3%

Bicycle0.0%

Worked from home8.7%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	453	86.1%
Carpooled	17	3.2%
Public transit	0	0.0%
Walked	7	1.3%
Bicycle	0	0.0%
Worked from home	46	8.7%
Other means	3	0.6%

Travel time

	Count	Share
Under 15 min	106	22.1%
15 to 29 min	176	36.7%
30 to 44 min	155	32.3%
45 to 59 min	25	5.2%
60+ min	18	3.8%

Households

Average household size: 2.18
Poverty rate: 26.6% (327 of 1,230)

	Count	Share
Family households	305	53.6%
Nonfamily households	264	46.4%

Housing

Median year structure built: 1973

Occupancy

	Count	Share
Occupied	569	89.2%
Vacant	69	10.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	432	75.9%
Renter-occupied	137	24.1%

1-unit, detached60.7%

1-unit, attached0.9%

2 to 4 units5.5%

5 to 19 units5.3%

20 or more units0.0%

Mobile home & other27.6%

Units in structure

	Count	Share
1-unit, detached	387	60.7%
1-unit, attached	6	0.9%
2 to 4 units	35	5.5%
5 to 19 units	34	5.3%
20 or more units	0	0.0%
Mobile home & other	176	27.6%

Geography

Place GEOID: 1755002
Type (LSAD): 47
Land area: 0.93 sq mi
Water area: 0 sq mi
Center point: 40.1101, -87.7769