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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

Housing Overview

Median Home Value
$98,300
65% below
US avg: $281,900
Median Rent
$795/mo
32% below
US avg: $1,163/mo
Homeownership Rate
75.9%
16% above US avg (65.4%)
Total Housing Units
650
Median year built: 1969

Home Value by Source

Census Median
$98,300
Zillow (ZHVI)
$159,808
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.9%
Owner-Occupied
24.1%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $795/mo

Affordability & Housing Stock

Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
75.9%

Complete Housing Data

Home Values

Census Median Value$98,300
Zillow Home Value (ZHVI)$159,808

Rent

Census Median Rent$795
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied75.9%
Renter-Occupied24.1%
Homeownership Rate75.9%
Total Housing Units650
Median Year Built1969
Rent Burden27.5%