Oakwood, IL

Census Place

2024 Population

1,380

US Senator

Dick Durbin

Democratic Party

US Senator

Tammy Duckworth

Democratic Party

2024 Median Age

2.94% 1-year increase

2024 Poverty Rate

24.8%

6.65% 1-year decrease

2024 Median Household Income

$46,293

5.47% 1-year growth

2024 Median Property Value

$103,000

Population & Diversity

Oakwood, IL is home to a population of 1.38k people, from which 99.8% are citizens.

As of 2024, 0.362% of Oakwood, IL residents were born outside of the country (5 people).

In 2024, there were 39.3 times more White (Non-Hispanic) residents (1.3k people) in Oakwood, IL than any other race or ethnicity. There were 33 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 16 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.8%

2024 Citizenship

99.4%

2023 Citizenship

As of 2024, 99.8% of Oakwood, IL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Oakwood, IL was 99.4%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Oakwood, IL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Oakwood, IL

White (Non-Hispanic)
1.3k ± 174
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
33 ± 20
Black or African American (Non-Hispanic)
16 ± 18

1.38%

Hispanic Population

19 people

1.38% of the people in Oakwood, IL are hispanic (19 people).

The following chart shows the 8 races represented in Oakwood, IL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Illinois.

Most Common Origin

Mexico
637,284 ± 19,101 people
India
166,788 ± 9,961 people
Poland
117,148 ± 8,364 people

In 2024, the most common birthplace for the foreign-born residents of Illinois was Mexico, the natal country of 637,284 Illinois residents, followed by India with 166,788 and Poland with 117,148.

Foreign-Born Population

0.362%

2024 Foreign-Born Population

5 people

0.563%

2023 Foreign-Born Population

7 people

As of 2024, 0.362% of Oakwood, IL residents (5 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Oakwood, IL was 0.563%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Oakwood, IL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
18 ± 19
Vietnam
14 ± 21
Korea
4 ± 14

Oakwood, IL has a large population of military personnel who served in Gulf War (2001-), 1.29 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Oakwood, IL.

Economy

The economy of Oakwood, IL employs 518 people. In 2024, the largest industries in Oakwood, IL were Manufacturing (115 people), Health Care & Social Assistance (94 people), and Retail Trade (72 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting ($63,750), Agriculture, Forestry, Fishing & Hunting, & Mining ($63,750), and Professional, Scientific, & Technical Services ($58,438).

Employment

Occupations

518

2024 Value

± 101

−3%

1 Year decline

± 28.8%

From 2023 to 2024, employment in Oakwood, IL declined at a rate of −3%, from 534 employees to 518 employees.

The most common job groups, by number of people living in Oakwood, IL, are Production Occupations (57 people), Transportation Occupations (55 people), and Office & Administrative Support Occupations (47 people). This chart illustrates the share breakdown of the primary jobs held by residents of Oakwood, IL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Illinois.

This chart shows weekly unemployment insurance claims in Illinois (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

518

2024 Value

± 101

−3%

1 Year decline

± 28.8%

From 2023 to 2024, employment in Oakwood, IL declined at a rate of −3%, from 534 employees to 518 employees.

The most common employment sectors for those who live in Oakwood, IL, are Manufacturing (115 people), Health Care & Social Assistance (94 people), and Retail Trade (72 people). This chart shows the share breakdown of the primary industries for residents of Oakwood, IL, though some of these residents may live in Oakwood, IL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$49,135

Median earning men ± $9,082

$37,344

Median earning women ± $4,004

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($63,750), Manufacturing ($61,094), and Educational Services, & Health Care & Social Assistance ($55,781).

The industries with the best median earnings for women in 2024 are Public Administration ($52,500), Manufacturing ($45,625), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($41,250).

Housing & Living

The median property value in Oakwood, IL was $103,000 in 2024, which is 0.31 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $98,300 to $103,000, a 4.78% increase. The homeownership rate in Oakwood, IL is 77.7%, which is higher than the national average of 65.2%.

People in Oakwood, IL have an average commute time of 25.8 minutes, and they drove alone to work. Car ownership in Oakwood, IL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$103,000

Median Property Value 2024

±$11,407

$474

Median Property Taxes

±$88

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Oakwood, IL the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Oakwood, IL compared to it's parent and neighbor geographies.

Rent vs Own

77.7%

Homeownership

2024

62.1%

Homeowners with Mortgage

2024

In 2024, 77.7% of the housing units in Oakwood, IL were occupied by their owner. This percentage grew from the previous year's rate of 75.9%.

This chart shows the percentage of owner in Oakwood, IL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$46,293

Median Household Income

± $6,046

610

Number of Households

± 109

In 2024, the median household income of the 610 households in Oakwood, IL grew to $46,293 from the previous year's value of $43,894.

The following chart displays the households in Oakwood, IL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Oakwood, IL is from Illinois.

0.471

2024 Wage GINI in Illinois

0.474

2023 Wage GINI in Illinois

In 2024, the income inequality in Illinois was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.55% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Illinois was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Illinois in comparison to the national average.

This chart shows the number of workers in Illinois across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (83%)
Worked At Home (9.98%)
Carpooled (5.28%)

In 2024, 83% of workers in Oakwood, IL drove alone to work, followed by those who worked at home (9.98%) and those who carpooled to work (5.28%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

25.8 minutes

Average Travel Time

Using averages, employees in Oakwood, IL have a shorter commute time (25.8 minutes) than the normal US worker (26.4 minutes). Additionally, 1.74% of the workforce in Oakwood, IL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Oakwood, IL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Oakwood, IL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Oakwood, IL have 2 cars.

Poverty

Poverty & Diversity

24.8% of the population for whom poverty status is determined in Oakwood, IL (338 out of 1.36k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males < 5, followed by Females 65 - 74 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Oakwood, IL is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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