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Oakwood, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Oakwood.

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Community Insights

Affordable Market
$116k median home
lower cost than 86% of the country
Leading Industries
Education · Public Administration · Construction
7% education
Home Value Growth⬆⬆
+15.5% over 2 years
Retirees
23% of residents
slightly above average
Homeowners
80% of occupied units

People & Demographics

Total Population1,279
Households
Under 18
20.0%
Age 18–34
27.0%
Age 35–64
30.0%
Age 65+
23.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$116,200
Median Gross Rent$833/mo
Owner Occupied
79.8%
Renter Occupied
20.2%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$57,188
Poverty Rate

Key Industries

Healthcare6.0%
Professional Services0.0%
Manufacturing0.0%
Retail9.0%
Education7.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities43 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
6.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Oakwood?

The total population of Oakwood is approximately 1,279. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Oakwood walkable and transit-friendly?

Based on local geographic data, Oakwood has an amenity and walkability score of 43/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Oakwood?

The housing market in Oakwood is predominantly driven by homeowners, with 80% of housing units being owner-occupied and 20% being renter-occupied.

What is the education level of residents in Oakwood?

In Oakwood, approximately 6% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.