Oakwood is a city located in Vermilion County Illinois. With a 2020 population of 1,271, it is the 616th largest city in Illinois and the 13538th largest city in the United States. Oakwood is currently declining at a rate of -2.08% annually and its population has decreased by -4.08% since the most recent census, which recorded a population of 1,325 in 2020. Spanning over 1 miles, Oakwood has a population density of 1,369 people per square mile.
The average household income in Oakwood is $67,221 with a poverty rate of 23.78%. The median rental costs in recent years comes to $589 per month, and the median house value is $91,400. The median age in Oakwood is 33.8 years, 31.9 years for males, and 34.6 years for females.
According to the most recent ACS, the racial composition of Oakwoodwas:
97.09% of Oakwood residents speak only English, while 2.91% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.40% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Oakwood is White, with 22.15% below the poverty level.
The race least likely to be in poverty in Oakwood is Multiple, with 50.00% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 3.13%. Among those working part-time, it was 30.49%, and for those that did not work, the poverty rate was 25.66%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Oakwood
99.67% of Oakwood residents were born in the United States, with 89.10% having been born in Illinois. 0.13% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.