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Oakwood Hills, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,416
Population
$109,907
Median Income
$282,300
Home Value
40.2
Median Age

Demographics

Oakwood Hills has a population of 2,416 with a median age of 40.2. Here is the racial and ethnic breakdown of the population:

White
75.5%
Hispanic
18.5%
Other
2.8%
Asian
2.2%
Black
1.0%
Demographic Value
Total Population2,416
Median Age40.2
White75.5%
Black or African American1.0%
Asian2.2%
Hispanic or Latino18.5%
Other / Two or More Races2.8%
Oakwood Hills, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 75.5%Hispanic/Latino: 18.5%Other: 2.8%Asian: 2.2%Other: 1.0%2,416PopulationWhiteWhite75.5%Hispanic/LatinoHispanic/Latino18.5%OtherOther2.8%AsianAsian2.2%OtherOther1.0%

Income & Economy

The median household income in Oakwood Hills is $109,907, which is 36.3% above the national median of $80,610. The per capita income is $52,695. The poverty rate is 2.9%.

$109,907
Median Household Income
$52,695
Per Capita Income
2.9%
Poverty Rate

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Education

In Oakwood Hills, 90.2% of residents age 25+ have a high school diploma or higher, and 37.6% hold a bachelor's degree or higher (12.8% with a graduate or professional degree).

HS Diploma+
90.2%
Bachelor's+
37.6%
Graduate+
12.8%
Education Level % of Adults (25+)
High School Diploma or Higher90.2%
Bachelor's Degree or Higher37.6%
Graduate or Professional Degree12.8%

Housing

The median home value in Oakwood Hills is $282,300, below the national median of $303,400. The median monthly rent is $1,886. The homeownership rate is 91.5%.

$282,300
Median Home Value
$1,886/mo
Median Rent
91.5%
Homeownership Rate
Housing Metric Value
Median Home Value$282,300
Median Monthly Rent$1,886
Homeownership Rate91.5%
Vacancy Rate1.2%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Oakwood Hills, Illinois?
The population of Oakwood Hills, Illinois is 2,416 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oakwood Hills, Illinois?
The median household income in Oakwood Hills, Illinois is $109,907. This is 36.3% above the national median of $80,610.
What is the median home value in Oakwood Hills, Illinois?
The median home value in Oakwood Hills, Illinois is $282,300. The median monthly rent is $1,886.
What percentage of people in Oakwood Hills have a college degree?
In Oakwood Hills, Illinois, 37.6% of adults age 25 and older hold a bachelor's degree or higher, and 90.2% have a high school diploma or higher.
Is Oakwood Hills, Illinois an affordable place to live?
The home price-to-income ratio in Oakwood Hills, Illinois is 2.6x (median home value $282,300 vs. median income $109,907), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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