Oakwood is located in Vermilion County, Illinois. Oakwood has a 2025 population of 3,023 . Oakwood is currently declining at a rate of -0.62% annually and its population has decreased by -4.58% since the most recent census, which recorded a population of 3,168 in 2020.
The average household income in Oakwood is $77,040 with a poverty rate of 14.96%. The median age in Oakwood is 43.2 years: 37.8 years for males, and 48.6 years for females. For every 100 females there are 92.4 males.
Data after 2023 is projected based on recent change
The racial composition of Oakwood includes 97.02% White, and smaller percentages for Two or more races, Black or African American, Native American, other race and multiracial populations.
White (97.02%)
Two or more races (1.92%)
Black or African American (0.86%)
Native American (0.1%)
Other race (0.1%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 3,033 | 97.02% |
| Two or more races | 60 | 1.92% |
| Black or African American | 27 | 0.86% |
| Native American | 3 | 0.1% |
| Other race | 3 | 0.1% |
Married
Widowed
Divorced
Separated
Never Married
Oakwood's average per capita income is $46,236. Household income levels show a median of $55,603. The poverty rate stands at 14.96%.
Name | Median | Mean |
|---|---|---|
| Married Families | $103,316 | - |
| Families | $81,167 | $95,685 |
| Households | $55,603 | $77,040 |
| Non Families | $34,423 | $43,770 |
Average Income
Median Household Income
Poverty Rate