Oakwood Hills, IL

Full City Profile · Illinois · McHenry County County

4.6 /5.0
A+ Excellent
2,454 Population 2,251/sq mi density
$113,125 Median Income $51,358 per capita
$273,200 Home Value $351,326 Zillow
$1,667 Median Rent 51.0% income on rent
49°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
4.6 / 5.0
$113,125 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$273,200 home value, $1,667/mo rent
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher

Oakwood Hills, IL

At a Glance

Median Income
$113,125
51% above
$51,358 per capita
Home Value
$273,200
3% below
Zillow: $351,326
Median Rent
$1,667/mo
43% above
51.0% of income on rent
Bachelor's Degree+
39.6%
18% above
89.6% high school+
Unemployment
4.8%
33% above
3.3% poverty rate
Obesity Rate
30.9%
4% below
11.0% smoking rate
Avg Temperature
49°F

How Oakwood Hills Compares to the U.S. Average

Each bar shows Oakwood Hills's value as a percentage of the national average (100% = U.S. avg)

Income
151%
Home Value
97%
Rent
143%
Poverty
27%
Bachelor's
118%
Unemployment
133%
Thin vertical line = U.S. national average (100%)

Is Oakwood Hills a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oakwood Hills residents earn a median household income of $113,125 , which is 51% above the national average of $75,149. Per capita income is $51,358. The unemployment rate stands at 4.8% (33% above the U.S. rate of 3.6%). 3.3% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.

Housing & Cost of Living

The median home value in Oakwood Hills is $273,200 , 3% below the national median of $281,900. Zillow estimates the typical home at $351,326. Median rent is $1,667/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1979.

Education

39.6% of adults in Oakwood Hills hold a bachelor's degree or higher (18% above the national average). 89.6% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Oakwood Hills has an average annual temperature of 49°F (9°C). Winters average 22°F in January while summers reach 73°F in July. Annual precipitation totals 37.0 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population2,454
Median Age40.1 yrs
Density2,251/mi²
Male / Female52% / 48%
Foreign Born14.5%
Veterans5.4%

Economy

A+
Median Income$113,125
Per Capita$51,358
Unemployment4.8%
Poverty3.3%
County GDP$15,983M
Avg Weekly Wage$1,060

Housing

A+
Home Value$273,200
Rent$1,667
Ownership91.9%
Zillow$351,326
Housing Units920
Rent Burden51.0%

Health

Obesity30.9%
Diabetes8.1%
Smoking11.0%
Heart Disease4.6%
Premature Death5,730/100K

Climate

Avg Temp49°F
Rain37.0 in/yr
AQI43 (Good)
Elevation778 ft

Education

A
Bachelor's+39.6%
High School+89.6%
Graduate+13.2%
School Score6.2/10

Community

2024 VoteR 52% / D 47%
Commute32 min
Broadband97.1%
Internet Speed124 Mbps
EV Stations2
Libraries13

Did You Know?

The median home in Oakwood Hills was built in 1979.
The nearest airport is Chicago O'Hare International (25 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
7.8% of the population has a disability.
14.5% of residents are foreign-born.
Average internet download speed is 124 Mbps.
There are 645 restaurants in the area.
The county recorded 18 fatal vehicle crashes.