Oakwood, IL Employment - Median Household Income, Unemployment Rate

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D+

24%

Income/capita NAT. AVG.

16%

Household income NAT. AVG.

57%

Unemployment NAT. AVG.

Index	Oakwood	Illinois	National
Income per capita	$34,219	$47,397	$44,883
Median household income	$68,657	$88,967	$81,333
Median income owner occupied	$82,252	$111,557	$106,172
Median income renter occupied	$31,407	$52,117	$52,080
Median earnings male	$54,852	$60,185	$54,343
Median earnings female	$43,837	$40,368	$38,439
Unemployment rate	2.1%	6.6%	4.9%
Poverty level	23.8%	14.0%	15.1%

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Homes For Sale In Oakwood, IL

304 Eagle Bluff Dr

Oakwood, IL

20988 Newtown Rd

Oakwood, IL

221 Celebration Ct

Oakwood, IL

Key findings

The income per capita in Oakwood is 24% lower than the national average
The median household income in Oakwood is 16% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Oakwood is 57% lower than the national average
The poverty level in Oakwood is 57% higher than the national average

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am i middle class

$45,766 $68,657 $137,314

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Oakwood median earnings by income bracket

Oakwood employment by industry

Labour Type	Male	Female
Construction industry	9.7%	9.7%
Manufacturing sector	16.1%	16.1%
Financial & insurance services	1.2%	1.2%
Wholesale & retail services	29.7%	29.7%
Public administration	4.8%	4.8%
Transportation, warehousing & utilities	15.2%	15.2%
Education, health & social services	11.5%	11.5%
Other	11.8%	11.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
St. Joseph, IL	4,205	$138,312	70.1%
Penfield, IL	243	$112,093	37.8%
Royal, IL	381	$111,941	37.6%
Muncie, IL	118	$100,462	23.5%
Indianola, IL	211	$99,280	22.1%
Oakwood, IL	1,561	$68,657	15.6%

Cities with similar population

City	Population	Household Income	National Avg.
Montague, CA	1,561	$74,350	8.6%
Wathena, KS	1,561	$80,889	0.5%
Southside Place, TX	1,561	$371,946	357.3%
West Baraboo, WI	1,561	$66,204	18.6%
Sainte-Clotilde-de-Horton, QC	1,561	n/a
Oakwood, IL	1,561	$68,657	15.6%

Source: The Oakwood, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.