2025 Compare Cities Economy:
Milford, IL vs Oakwood, IL

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Highlights
- Household income in Oakwood, is 1% more than it is in Milford and is 52% below the National Average.
- Milford unemployment rate is 5.6%.
- Oakwood unemployment rate is 6.9%.
 Milford, ILOakwood, ILUnited States
 Unemployment Rate  Unlock6.9%6.0%
 Recent Job Growth  Unlock1.1%1.6%
 Future Job Growth27.3%  Unlock33.5%
 Sales Taxes6.5%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$24,577  Unlock$37,638
 Household Income  Unlock$45,438$69,021
 Family Median Income$55,156  Unlock$85,028
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 Est. Households By Income
 Milford, ILOakwood, ILUnited States
 Income Less Than 15K  Unlock16.5%9.4%
 Income between 15K and 20K8.5%  Unlock3.8%
 Income between 20K and 30K  Unlock5.8%8.1%
 Income between 30K and 40K11.6%  Unlock8.0%
 Income between 40K and 50K  Unlock11.6%7.6%
 Income between 50K and 60K13.4%  Unlock7.2%
 Income between 60K and 75K  Unlock5.6%9.6%
 Income between 75K and 100K10.1%  Unlock12.8%
 Income between 100K and 150K  Unlock15.3%16.3%
 Income between 150K and 200K2.2%  Unlock7.8%
 Income greater than 200K  Unlock0.4%9.5%
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 Population By Occupation
 Milford, ILOakwood, ILUnited States
 Management, business, finance13.0%  Unlock16.4%
 Engineering, computers, science  Unlock1.3%6.5%
 Community, social services3.2%  Unlock1.8%
 Legal  Unlock1.1%1.2%
 Education, library3.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology7.1%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock7.4%5.4%
 Building maintenance6.1%  Unlock3.6%
 Personal care  Unlock7.6%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.5%  Unlock8.1%
 Production, transportation, material moving  Unlock26.9%13.1%
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