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.
Data after 2023 is projected based on recent change
The racial composition of Oakwood includes 95.49% White, and smaller percentages for Black or African American, Native American and multiracial populations.
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% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
---|---|---|
Married Families | $100,714 | - |
Families | $63,281 | $73,731 |
Households | $43,894 | $57,431 |
Non Families | $33,929 | $36,061 |
Average Income
Median Household Income
Poverty Rate