Oakwood

County:: Vermilion County
County Seat:: No
Area (mi²):: 0.928
State:: Illinois

Oakwood is a village located in Vermilion County, Illinois. Oakwood has a 2025 population of 1,258. Oakwood is currently declining at a rate of -1.02% annually and its population has decreased by -4.91% since the most recent census, which recorded a population of 1,323 in 2020.

The average household income in Oakwood is $57,431 with a poverty rate of 26.59%. The median age in Oakwood is 40.8 years: 36.6 years for males, and 45.8 years for females.

Demographics

The racial composition of Oakwood includes 95.49% White, and smaller percentages for Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	1,187	95.49%
Two or more races	45	3.62%
Black or African American	9	0.72%
Native American	2	0.16%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Oakwood Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Oakwood's average per capita income is $41,645. Household income levels show a median of $43,894. The poverty rate stands at 26.59%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$100,714	-
Families	$63,281	$73,731
Households	$43,894	$57,431
Non Families	$33,929	$36,061

$41,645

Average Income

$43,894

Median Household Income

26.59%

Poverty Rate