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Illinois · Census place 56237

Oquawka village, IL

Quick answer

Oquawka village has 990 residents, ranking #701 of 1462 places in Illinois. Median household income is $51,477, the median home is worth $87,200 and median gross rent runs $492 a month.

Population
990Oquawka village residents
Median household income
$51,477Past 12 months, inflation adjusted
Median home value
$87,200Owner-occupied units
Median gross rent
$492Rent plus utilities, monthly
Median age
49.9 yrsAll residents
Homeownership rate
86.9%Owner-occupied households

What the numbers mean in Oquawka village

Housing cost measured against local earnings.

A household earning the Oquawka village median would spend about 11.5% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.9% of residents and 86.9% 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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