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Illinois · Census place 56471

Oreana, IL population, income and ZIP codes

Quick answer

The population of the city of Oreana, Illinois (Oreana, IL — Census place “Oreana village”) is 1,183 residents, ranking #647 of 1462 places in Illinois. Median household income is $93,194, the median home is worth $129,100 and median gross rent runs $921 a month. Looking for the Oreana Illinois ZIP code list? 1 ZIP codes serve Oreana, IL: 62554.

Population
1,183Oreana village residents
Median household income
$93,194Past 12 months, inflation adjusted
Median home value
$129,100Owner-occupied units
Median gross rent
$921Rent plus utilities, monthly
Median age
37.6 yrsAll residents
Homeownership rate
89.7%Owner-occupied households

Oreana ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Oreana.

The Oreana IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Oreana village

Housing cost measured against local earnings.

A household earning the Oreana village median would spend about 11.9% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2% of residents and 89.7% of households own their home.

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

Oreana village, IL in context

How this area compares with national benchmarks.

Oreana village is a small town in Illinois, with 1,183 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #647 of 1,462 ranked by population — larger than 55% of them. The median age here is 37.6 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Oreana village earn a median of $93,194 a year, 18.7% above the national figure of $78,538 and 26% above the $74,244 median for the 698 Illinois cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 2% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Oreana village is valued at $129,100, 57.4% below the national figure and 28% below the $179,100 peer median, while median gross rent runs $921 a month, 34.5% below the national figure, or roughly $11,052 across a full year. A household on the local median income would put about 11.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.4×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 89.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Illinois.

More Illinois coverage.

Frequently asked questions

Common questions about this area.

What is the population of Oreana village?
Oreana village has 1,183 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #647 of 1,462 in Illinois.
What is the median household income in Oreana village?
Median household income in Oreana village is $93,194 a year, 18.7% above the national figure of $78,538.
How much does it cost to rent or buy in Oreana village?
Median gross rent is $921 a month and the median home value is $129,100, so rent absorbs about 11.9% of median household income.
Is Oreana village affordable compared with the rest of the US?
Homes cost about 1.4× the local median income here versus roughly 3.9× nationally, so Oreana village is more affordable to buy in than the typical US market, and rent takes 11.9% of median income against the 30% cost-burden line.
How current is this Oreana village data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.