Living in Oakford, Illinois
Cost of living, income, home prices, rent and demographics of Oakford · Census data 2020–2024
Oakford has 191 residents with a median age of 40.3. The median household income is $65,000 (22% lower than the Illinois median), the median home value is $100,600, the median rent is $838/month.
Oakford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oakford at a glance
- Population
- 191
- Median age
- 40.3State: 39
- Median household income
- $65,000State: $83,390
- Median home value
- $100,600State: $263,300
- Median rent
- $838/moState: $1,274
- Homeowners
- 78.4%
- Bachelor's degree or higher
- 8.5%
- Average commute
- 33 min
Is Oakford a good place to live?
Pros: Home values 62% lower than the state median; unemployment of 3.6%; a poverty rate of 7.4%.
Cons: Median household income 22% lower than the Illinois median; an average commute of 33 minutes.
The weather is best in May–June and August–September.
Cost of living in Oakford
Housing is the biggest part of the cost of living. In Oakford the median home value is $100,600, 70% lower than the U.S. median. Renters pay a median of $838 per month, which is 46.7% of household income. Homeowners with a mortgage pay $971 a month in housing costs.
Oakford median household income
The median household income in Oakford is $65,000 and the income per person is $28,473. 7.4% of residents live below the poverty line (Illinois: 11.8%).
Housing in Oakford: homes for sale and rent
- Housing units
- 97
- Owner-occupied
- 78.4%
- Renter-occupied
- 21.6%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.17
Oakford demographics
- Population
- 191
- Median age
- 40.3
- Under 18
- 24.1%
- 65 and older
- 22%
- Households
- 88
- Foreign-born
- 0%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Oakford ›
Education in Oakford
8.5% of adults 25 and older in Oakford have a bachelor's degree or higher (Illinois: 37.8%), and 0.8% have a graduate or professional degree.
Jobs and commute in Oakford
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 33 minState: 28 min
- Work from home
- 10.1%
- Drive alone
- 78.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.3%
Oakford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oakford | 191 | $65,000 | $100,600 | $838 |
| Kilbourne | 268 | $44,107 | $72,500 | $775 |
| Petersburg | 2,341 | $56,458 | $177,700 | $653 |
| Lake Petersburg | 928 | $144,375 | $338,700 | — |
| Chandlerville | 534 | $44,375 | $68,800 | $1,005 |
| Tallula | 494 | $69,167 | $94,500 | $1,028 |
| Easton | 285 | $61,250 | $81,700 | $759 |
| Bath | 224 | $47,500 | $63,200 | $835 |
| Greenview | 912 | $63,594 | $93,700 | $717 |
More for people moving to Oakford
Oakford ZIP code ›Weather and climate ›Living in Oakford: FAQ
What is the median household income in Oakford, IL?
The median household income in Oakford is $65,000, 22% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oakford?
The median home value in Oakford is $100,600, compared with $263,300 in Illinois.
How much is rent in Oakford?
The median gross rent in Oakford is $838 per month, about 46.7% of household income.
Is Oakford, IL a good place to live?
Pluses: home values 62% lower than the state median; unemployment of 3.6%; a poverty rate of 7.4%. Minuses: median household income 22% lower than the Illinois median; an average commute of 33 minutes.
What is the median age in Oakford?
The median age in Oakford is 40.3 years (Illinois: 39).
How long is the commute in Oakford?
The average commute to work in Oakford is 33 minutes; 10.1% of workers work from home.
What is the unemployment rate in Oakford?
The unemployment rate in Oakford is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oakford?
8.5% of adults in Oakford have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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