Oakwood employment information

IndexOakwoodIllinoisNational
Income per capita$23,372$31,502$29,829
Median household income$49,519$59,196$55,322
Median income owner occupied$52,813$75,354$70,586
Median income renter occupied$41,429$34,488$35,192
Median earnings male$40,118$40,474$36,919
Median earnings female$28,281$27,197$26,250
Unemployment rate2.4%5.3%4.7%
Poverty level14.4%14.0%15.1%
The Oakwood, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Oakwood is $23,372, which is 26% lower than than the Illinois average and 22% lower than than the national average. The median household income is $49,519, which is 16% lower than than the Illinois average and 10% lower than than the national average. The unemployment rate in Oakwood is 2%, which is 48% lower than than the national average. The poverty rate in Oakwood is 14% which is 5% lower than than the national average.

am i middle class

$Input your household income
$33,009$49,519$99,038
City
$39,460$59,196$118,392
State
$36,877$55,322$110,644
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.

Did you know?

  • The income per capita in Oakwood is 22% lower than the national average.
  • The median household income in Oakwood is 10% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Oakwood is 48% lower than the national average.
  • The poverty level in Oakwood is 5% lower than the national average.

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Compare Oakwood, IL Employment To Other Cities

Employment status

Hours worked per week

Oakwood median earnings by income bracket

Oakwood employment by industry

Labour TypeMaleFemale
Construction industry8.9%3.4%
Manufacturing sector16.8%0.8%
Financial & insurance services0.0%7.0%
Wholesale & retail services25.1%15.3%
Public administration8.1%2.3%
Transportation, warehousing & utilities14.7%3.9%
Education, health & social services11.3%28.5%
Other15.2%23.8%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
St. Joseph, IL4,109$78,66142%
Bismarck, IL611$62,50013%
Ogden, IL732$62,00012%
Gifford, IL849$60,5369%
Royal, IL236$59,1077%
Oakwood, IL1,666$49,51910%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Van Buren, ME1,666$24,02857%
Key Vista, FL1,666$67,06721%
Marissa, IL1,666$38,16731%
Bryson City, NC1,665$32,75041%
Centreville, MS1,667$19,32565%
Oakwood, IL1,666$49,51910%
Source: The Oakwood, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).