Illinois · Census place 54781
Oakland city, IL
Quick answer
Oakland city has 948 residents, ranking #721 of 1462 places in Illinois. Median household income is $49,571, the median home is worth $97,200 and median gross rent runs $509 a month.
- Population
- 948Oakland city residents
- Median household income
- $49,571Past 12 months, inflation adjusted
- Median home value
- $97,200Owner-occupied units
- Median gross rent
- $509Rent plus utilities, monthly
- Median age
- 48.9 yrsAll residents
- Homeownership rate
- 78.3%Owner-occupied households
What the numbers mean in Oakland city
Housing cost measured against local earnings.
A household earning the Oakland city median would spend about 12.3% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.7% of residents and 78.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Danvers village 951
- South Pekin village 949
- Harrison CDP 948
- Viola village 942
- Odin village 941
- Dallas City city 938
- Greenview village 938
Keep going
More Illinois coverage.