Living in Oconee, Illinois

Cost of living, income, home prices, rent and demographics of Oconee · Census data 2020–2024

Oconee has 193 residents with a median age of 39.5. The median household income is $74,750 (10% lower than the Illinois median), the median home value is $91,300, the median rent is $850/month.

Oconee is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Oconee at a glance

Population
193
Median age
39.5State: 39
Median household income
$74,750State: $83,390
Median home value
$91,300State: $263,300
Median rent
$850/moState: $1,274
Homeowners
90.9%
Bachelor's degree or higher
16.2%
Average commute
22 min

Is Oconee a good place to live?

Pros: Home values 65% lower than the state median; an average commute of 22 minutes; unemployment of 3.6%; a poverty rate of 5.7%.

Cons: Median household income 10% lower than the Illinois median.

The weather is best in May and August to October.

Cost of living in Oconee

Housing is the biggest part of the cost of living. In Oconee the median home value is $91,300, 73% lower than the U.S. median. Renters pay a median of $850 per month, which is 32.5% of household income. Homeowners with a mortgage pay $1,202 a month in housing costs.

Median home value

Oconee$91,300
Illinois$263,300
United States$332,700

Median monthly rent

Oconee$850
Illinois$1,274
United States$1,413

Oconee median household income

The median household income in Oconee is $74,750 and the income per person is $31,748. 5.7% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Oconee$74,750
Illinois$83,390
United States$80,734

Housing in Oconee: homes for sale and rent

Housing units
87
Owner-occupied
90.9%
Renter-occupied
9.1%
Vacant
11.5%Includes seasonal homes
Median year built
1963
Average household size
2.51

Oconee demographics

Population
193
Median age
39.5
Under 18
27.5%
65 and older
29%
Households
77
Foreign-born
1%
Veterans
17.9%Adults 18+

Race and ethnicity

White97.4%
Hispanic or Latino1.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Oconee ›

Education in Oconee

16.2% of adults 25 and older in Oconee have a bachelor's degree or higher (Illinois: 37.8%), and 1.5% have a graduate or professional degree.

Bachelor's degree or higher

Oconee16.2%
Illinois37.8%
United States35.7%

Jobs and commute in Oconee

Unemployment rate
3.6%State: 5.8%
Average commute
22 minState: 28 min
Work from home
10.4%
Drive alone
75.3%
Public transit
0%
Walk to work
3.9%
Homes with broadband
85.7%

Oconee vs nearby towns

TownPopulationMedian incomeHome valueRent
Oconee193$74,750$91,300$850
Pana5,217$46,168$77,900$684
Herrick333$53,750$73,800$850
Nokomis2,147$60,326$83,900$814
Ramsey1,094$53,375$65,800$741
Tower Hill422$53,352$68,300$783
Coalton357$76,875$92,300$1,025
Witt875$52,500$50,700$578
Cowden534$62,031$77,000$698

More for people moving to Oconee

Oconee ZIP code ›Weather and climate ›

Living in Oconee: FAQ

What is the median household income in Oconee, IL?

The median household income in Oconee is $74,750, 10% 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 Oconee?

The median home value in Oconee is $91,300, compared with $263,300 in Illinois.

How much is rent in Oconee?

The median gross rent in Oconee is $850 per month, about 32.5% of household income.

Is Oconee, IL a good place to live?

Pluses: home values 65% lower than the state median; an average commute of 22 minutes; unemployment of 3.6%; a poverty rate of 5.7%. Minuses: median household income 10% lower than the Illinois median.

What is the median age in Oconee?

The median age in Oconee is 39.5 years (Illinois: 39).

How long is the commute in Oconee?

The average commute to work in Oconee is 22 minutes; 10.4% of workers work from home.

What is the unemployment rate in Oconee?

The unemployment rate in Oconee is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Oconee?

16.2% of adults in Oconee 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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