Oakdale, IL Economy


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United States / Illinois / No Metro Area / Washington County / Oakdale / Zip Codes
Oakdale, IL is a small town located in the heart of the Midwest. It offers easy access to larger cities such as St. Louis and Chicago with its convenient highways and public transportation. The cost of living in Oakdale is relatively low compared to other cities in the US with 2 bedroom rent being $900 per month and the Grocery Cost Index being 96 versus 100 in the US. This makes Oakdale an affordable place to live and work.
The town offers a variety of amenities such as educational facilities for both children and adults, local parks, shopping centers, restaurants, and more. There are also businesses like D&E Auto Repair that specialize in automotive repair services and Hart's Upholstery that specializes in furniture upholstery services. Tourists can enjoy attractions such as the Lake Aloha State Recreation Area which is popular for fishing or hiking along its trails. With its affordable cost of living and convenient access to larger cities, Oakdale is an ideal place to live or visit year-round!

Oakdale has an unemployment rate of 2.7%. The US average is 6.0%.

Oakdale has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Oakdale
- The Sales Tax Rate for Oakdale is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Oakdale is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oakdale
- The average income of a Oakdale resident is $33,284 a year. The US average is $28,555 a year.
- The Median household income of a Oakdale resident is $85,227 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakdale, IllinoisUnited States
  2.76
  -7.3%-6.2%
  35.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $31,960$37,638
  $85,227$69,021
  $110,655$85,028
  Population by Occupation
  3.0%1.2%
  10.4%0.5%
  18.7%6.8%
  19.4%10.0%
  2.2%2.5%
  9.0%11.0%
  0.0%4.8%
  1.5%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  1.5%7.6%
  0.0%0.1%
  1.5%4.2%
  10.4%9.3%
  4.5%14.0%
  0.0%2.1%
  9.7%7.0%
  3.7%4.8%
  1.5%4.7%
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