|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Oakwood is 1,307. Oakwood, Illinois is the 9,227th largest city in the US.
The peak population of Oakwood was in 2010, when its population was 1,595. In 2010, Oakwood was the 8,434th largest city in the US; now its fallen to the 9,227th largest city in the US. Oakwood is currently 18.1% smaller than it was in 2010.
Oakwood has shrunk 12.9% since the year 2000. Oakwood, Illinois's growth is below average. 80% of similarly sized cities are growing faster since 2000.
|9341||East Hazel Crest||1,262||-21.4%|
|9221||Stoneville, North Carolina||1,312||30.5%|
|9222||Cottage City, Maryland||1,311||15.3%|
|9224||Old River-Winfree, Texas||1,310||-30.3%|
|9228||Parsons, West Virginia||1,307||-10.3%|
The total voting age population of Oakwood, Illinois, meaning US citizens 18 or older, is 1,194. The voting age population is 45.1% male and 54.9% female.
According to the latest census statistics, 14.5% of the residents of Oakwood are 65 or older.
The racial demographics of Oakwood are 99.8% White and 0.2% Two or more races. Additionally, 3.1% of the population identifies as Hispanic.
In Oakwood, 13.8% of residents have an income below the poverty line, and the child poverty rate is 23.1%. On a per-household basis, 11.0% of families are below the poverty line in Oakwood.
Among those aged 16 and older, 69.9% of Oakwood residents are in the labor force.
Among the adult population 25 years old and over, 94.2% of Oakwood residents have at least a high school degree or equivalent, 11.9% have a bachelor's degree and 4.6% have a graduate or professional degree.
Among Oakwood residents aged 5 and older, 3.4% of them speak a non-English language at home. Broken down by language: 2.9% of residents speak Spanish at home, 0.3% speak an Indo-European language, and 0.1% speak an Asian language.
The unemployment rate in Oakwood is 2.6%, which is calculated among residents aged 16 or older who are in the labor force.
In Oakwood, 12.0% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Oakwood is $56,964.
In Oakwood, 79.4% of housing units are occupied by their owners.
Renters occupy 20.6% of housing units in Oakwood.
Of all the housing units in Oakwood, 26.3% of them were build before 1940.
In Oakwood, 7.6% of the total housing units were built after the year 2000.
The median gross monthly rent payment for renters in Oakwood is $704.
In Oakwood, 86.2% of households have an active broadband internet connection.