Median Household Income
$46,293 ± $6,046
Median Home Value
$103,000 ± $11,407
Median Gross Rent
$695 ± $217/mo
Per Capita Income
$27,797
Poverty Rate
24.8%
Unemployment Rate
2.3%
Homeownership Rate
77.7%
Bachelor's Degree or Higher
10.5%
Median Age
42.0
Average Commute
23 min
Households
610
Veterans
39
Population Over Time
Oakwood shrank 21.1% from 2014 to 2024.
2014
1,750
2016
1,666
2018
1,770
2020
1,514
2022
1,350
2024
1,380
Population by Race & Ethnicity
White
94.0%
Hispanic or Latino
1.4%
Black or African American
1.2%
Asian
0.0%
Nearby Cities in Illinois
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.