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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

Change Over Time (2013–2023)

Population Change
-18.4%
1,571 → 1,282
over 10 years
Annual Pop. Growth
-2.01%
Compound annual growth rate
Median Income Change
-0.1%
$43,950 → $43,894
nominal, not inflation-adjusted
Annual Income Growth
-0.01%
Compound annual growth rate

Population Over Time

Total population for Oakwood across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
1,112
-170 from 2023 (1,282)
Projected Median Income 2030
$43,863
$-31 from 2023 ($43,894)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 1,571 $43,950
2015 1,545 -1.7% $50,048 +13.9%
2017 1,521 -1.6% $50,536 +1%
2019 1,476 -3% $56,964 +12.7%
2021 1,307 -11.4% $45,438 -20.2%
2023 1,282 -1.9% $43,894 -3.4%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.