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ZipNumbers

Illinois · Census place 54625

Oakford village, IL

Quick answer

Oakford village has 258 residents, ranking #1135 of 1462 places in Illinois. Median household income is $65,813, the median home is worth $101,900 and median gross rent runs $833 a month.

Population
258Oakford village residents
Median household income
$65,813Past 12 months, inflation adjusted
Median home value
$101,900Owner-occupied units
Median gross rent
$833Rent plus utilities, monthly
Median age
33.3 yrsAll residents
Homeownership rate
84.5%Owner-occupied households

What the numbers mean in Oakford village

Housing cost measured against local earnings.

A household earning the Oakford village median would spend about 15.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.7% of residents and 84.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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