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Oakwood, IL
Full City Profile · Illinois · Vermilion County County
Oakwood, IL
At a Glance
How Oakwood Compares to the U.S. Average
Each bar shows Oakwood's value as a percentage of the national average (100% = U.S. avg)
Is Oakwood a Good Place to Live?
Economy & Jobs
Oakwood residents earn a median household income of $43,894 , which is 42% below the national average of $75,149. Per capita income is $26,623. The unemployment rate stands at 0.7% (81% below the U.S. rate of 3.6%). 16.7% of residents live below the poverty line. The area is home to 1,313 business establishments, including 146 restaurants.
Housing & Cost of Living
The median home value in Oakwood is $98,300 , 65% below the national median of $281,900. Zillow estimates the typical home at $159,808. Median rent is $795/month, with 27.5% 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 1969.
Safety & Crime
Oakwood reports 67 violent crimes per 100,000 residents , which is 82% below the national average of 380/100K. Property crime is 735/100K. The murder rate is 0.0/100K.
Education
7.8% of adults in Oakwood hold a bachelor's degree or higher (77% below the national average). 95.7% have completed high school. Local schools score 4.4/10 in standardized testing.
Climate & Weather
Oakwood has an average annual temperature of 53°F (12°C). Winters average 27°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 43.2 inches. Air quality is rated Good with a median AQI of 43.