In 2023, Oakwood, IL had a population of 1.24k people with a median age of 40.8 and a median household income of $43,894. Between 2022 and 2023 the population of Oakwood, IL declined from 1,350 to 1,243, a −7.93% decrease and its median household income declined from $47,344 to $43,894, a −7.29% decrease.
The 5 largest ethnic groups in Oakwood, IL are White (Non-Hispanic) (95.5%), Two+ (Non-Hispanic) (3.22%), Black or African American (Non-Hispanic) (0.724%), Two+ (Hispanic) (0.402%), and American Indian & Alaska Native (Non-Hispanic) (0.161%).
None of the households in Oakwood, IL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.4% of the residents in Oakwood, IL are U.S. citizens.
In 2023, the median property value in Oakwood, IL was $98,300, and the homeownership rate was 75.9%.
Most people in Oakwood, IL drove alone to work, and the average commute time was 24.9 minutes. The average car ownership in Oakwood, IL was 2 cars per household.