Oakwood, Illinois 

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Population

1,740

+21.4% since 2010

Unemployment Rate

5.7%

Best Places to Live in Oakwood, Illinois

mall town - East-central Illinois, at the Indiana border. September, June and May are the most pleasant months in Oakwood, while January and December are the least comfortable months.

Pros
-Cost of living
-Small town feel
-Outdoor recreation
Cons
-Depressed economy
-Low educational attainment
-Arts and culture

Local Listings in Oakwood
 $729,000 
14717 N 740 East Rd
Bed 4 | Bath 4 | 4500 SqFt
 $180,000 
7303 E 1500 North Rd
Bed 6 | Bath 2 | 3111 SqFt
 $171,900 
13 Penny Ln
Bed 5 | Bath 2 | 2017 SqFt

What Bert Has To Say About Danville Metro Area

Danville is a quiet, unremarkable, and economically challenged Midwestern community about 35 miles east of Champaign-Urbana along I-74. The economy, once tied to coal and clay mining and agriculture, has diversified into many areas of manufacturing but is still bleak with high unemployment and low growth projections. There isn’t much to do; however, the college towns of Champaign-Urbana west and West Lafayette, IN (Purdue University) 50 miles east provide some amenities. Chicago is a fairly long and not a direct haul of 170 miles.


Best Neighborhoods In Oakwood, Illinois: Download the BestPlaces App

QUICK FACTS

City: Oakwood
Zip Codes: No Zip Codes Here.
Time zone: Central Standard Time (CST)
Elevation: 602 ft above sea level

Highlights

ECONOMY
The unemployment rate in Oakwood is 5.7% (U.S. avg. is 3.9%). Recent job growth is Positive. Oakwood jobs have increased by 1.1%. More Economy

COST OF LIVING
Compared to the rest of the country, Oakwood's cost of living is 24.5% lower than the U.S. average. More Cost of Living or Compare Oakwood's Cost of Living

WEATHER & CLIMATE
September, June and May are the most pleasant months in Oakwood, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING
Vermilion county voted Republican in four of the last five Presidential elections, voting Democratic in 2008. More Voting Stats

POPULATION
Oakwood's population is 1,740 people. Since 2010, it has had a population growth of 21.4%. Learn More...

TRANSPORTATION
Average Commute time is 21.5 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Oakwood is $88,700. Home appreciation the last 10 years has been -6.5%. Check out the homes in the area

SCHOOLS
Oakwood public schools spend $17,275 per student. The average school expenditure in the U.S. is $12,383. There are about 14.4 students per teacher in Oakwood. More Education


Best Places to Live in Oakwood Rankings


Housing Market in Oakwood

It's not a good time to buy in Oakwood. Home Appreciation is down -6.5% in the last 12 months. Browse Oakwood Real Estate

The median home price in Oakwood is $88,700. Browse Homes in this Range.


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COMPARE COST OF LIVING
Compare Oakwood, Illinois to any other place in the USA.

MAPS OF OAKWOOD, ILLINOIS
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Oakwood,Illinois Map
ZIP CODES IN OAKWOOD, ILLINOIS
No Zip Codes Here.

PREMIUM SUBSCRIPTION

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NEW LISTINGS IN OAKWOOD
$729,000
14717 N 740 East Rd
Bed 4 | Bath 4

$180,000
7303 E 1500 North Rd
Bed 6 | Bath 2

$171,900
13 Penny Ln
Bed 5 | Bath 2

$92,900
212 S Seymour St
Bed 2 | Bath 1

$87,500
105 E Collett St
Bed 3 | Bath 2

$212,000
15 Carter Dr
Bed 3 | Bath 2

$119,000
16322 Shangri La Rd Lot 5
Bed 3 | Bath 2

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