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Oakwood, IL

Full City Profile · Illinois · Vermilion County County

2.7 /5.0
C+ Fair
1,243 Population 1,337/sq mi density
$43,894 Median Income $26,623 per capita
$98,300 Home Value $159,808 Zillow
$795 Median Rent 27.5% income on rent
53°F Avg Temperature 275 sunny days/yr
67 Violent Crime/100K 735 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$43,894 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$98,300 home value, $795/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher

Income Overview

Median Household Income
$43,894
42% below
US avg: $75,149
Per Capita Income
$26,623
32% below
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
16.7%
35% above
US avg: 12.4%

Income Comparison: Oakwood vs. U.S. Average

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

Median Household
US: $75,149
$43,894
58%
Per Capita
US: $39,052
$26,623
68%
IRS Avg AGI
US: $72,000
$57,745
80%
Avg Weekly Wage
US: $1,432
$1,050
73%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,050
27% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
8.7%
43% below US avg (15.2%)
Drive Alone
86.1%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,180M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 86.1%
Public Transit 0%
Work From Home 8.7%
Other 5.2%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,313
Restaurants
146
Healthcare
150
Retail
212
Manufacturing
72

Tax & Financial

IRS Avg Adjusted Gross Income
$57,745
20% below US avg ($72,000)
Avg Property Tax
$4,912
40% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$43,894
Per Capita Income$26,623
IRS Avg Adjusted Gross Income$57,745
Avg Weekly Wage$1,050
County GDP$4,180M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate16.7%
Gini Coefficient0.435
Cost of Living Index100.0

Commute

Mean Commute25 minutes
Drive Alone86.1%
Public Transit0.0%
Work From Home8.7%

Businesses

Total Establishments1,313
Restaurants146
Healthcare150
Retail212
Manufacturing72

Tax

IRS Avg AGI$57,745
Avg Property Tax$4,912