Oakwood, Illinois 

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Economy in Oakwood, Illinois

Oakwood has an unemployment rate of 5.7%. The US average is 3.9%.

Oakwood has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Oakwood
- The Sales Tax Rate for Oakwood is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oakwood 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 Oakwood
- The average income of a Oakwood resident is $23,434 a year. The US average is $28,555 a year.
- The Median household income of a Oakwood resident is $50,114 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYOakwood, IllinoisUnited States
  5.4%3.7%
  1.1%1.6%
  17.5%33.5%
  6.5%6.2%
  5.0%4.6%
  $24,624$31,177
  $50,536$57,652
  $57,917$70,850
  POPULATION BY OCCUPATION
  0.8%1.3%
  0.0%0.6%
  8.4%6.2%
  16.6%10.4%
  5.0%2.7%
  8.2%11.6%
  11.6%4.1%
  0.0%0.9%
  1.5%2.1%
  2.5%4.7%
  3.1%1.9%
  2.0%6.7%
  0.0%0.1%
  1.8%4.3%
  12.1%9.3%
  11.7%13.8%
  0.0%2.2%
  4.7%7.4%
  5.3%4.9%
  4.7%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    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.

    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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