Oakwood Hills

County:: Lake County
County Seat:: No
Area (mi²):: 1.088
State:: Illinois

Oakwood Hills is a village located in Lake County, Illinois. Oakwood Hills has a 2025 population of 2,043. Oakwood Hills is currently declining at a rate of -0.24% annually and its population has decreased by -1.21% since the most recent census, which recorded a population of 2,068 in 2020.

The average household income in Oakwood Hills is $133,593 with a poverty rate of 4.12%.The median age in Oakwood Hills is 40.1 years: 40 years for males, and 41.2 years for females.

Demographics

The racial composition of Oakwood Hills includes 75.96% White, and smaller percentages for Asian, Black or African American, other race and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	1,864	75.96%
Two or more races	507	20.66%
Asian	47	1.92%
Black or African American	19	0.77%
Other race	17	0.69%

Oakwood Hills Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Oakwood Hills' average per capita income is $53,519. Household income levels show a median of $113,125. The poverty rate stands at 4.12%.

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	$132,107	-
Families	$129,286	$155,611
Households	$113,125	$133,593
Non Families	$68,889	$66,369

$53,519

Average Income

$113,125

Median Household Income

4.12%

Poverty Rate