Housing data for Oakwood Township, IL

Oakwood Township, IL has an estimated 3,098 residents and 1,584 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Vermilion County.

20.2% of households rent.

The median gross rent is $833 a month.

Its population shrank measurably since 2015–2019 (−7.0%).

Figures last updated on .

Residents
3,098 (±19)
Housing units
1,584 (±131)
Households that rent
20.2%
Median gross rent
$833
Residents since 2015–2019
−7.0%

What stands out in Oakwood Township

Households without a vehicle: 2.8% (±2.1 points) in Oakwood Township, lower than in Vermilion County (9.1%).

Homes in buildings of 5 or more units: 3.2% (±4.4 points) in Oakwood Township, lower than in Vermilion County (9.4%).

Households that rent: 20.2% (±5.8 points) in Oakwood Township, lower than in Vermilion County (29.8%).

Median home value: $116,200 (±$10,257) in Oakwood Township, higher than in Vermilion County ($97,200).

Housing in Oakwood Township at a glance

Oakwood Township against Vermilion County, its state and the nation

Estimate (90% margin of error)
Oakwood TownshipVermilion CountyIllinoisUnited States
Residents3,098 (±19)72,386 (exact)12,694,798 (exact)334,922,499
Housing units1,584 (±131)34,327 (±62)5,457,452 (±471)143,775,355
Households that rent20.2% (±5.8 points)29.8% (±1.9 points)32.9% (±0.2 points)34.8%
Median gross rent$833 (±$317)$838 (±$28)$1,274 (±$5)$1,413
Median household income$57,188 (±$6,434)$56,877 (±$1,806)$83,390 (±$362)$80,734
Median home value$116,200 (±$10,257)$97,200 (±$3,349)$263,300 (±$797)$332,700
Median real estate taxes (a year)$2,041 (±$317)$1,757 (±$82)$5,298 (±$22)$3,119
Built before 198062.8% (±8.0 points)78.5% (±2.9 points)63.4% (±0.2 points)49.7%
Average commute23.9 minutes (±1.9)20.1 minutes (±0.8)27.8 minutes (±0.1)26.4 minutes
Households with broadband93.1% (±2.7 points)87.6% (±1.4 points)90.8% (±0.1 points)91.0%
Median age of residents47.6 years (±5.3)41.3 years (±0.4)39.0 years (±0.1)38.9 years

Oakwood Township covers 64.4 square miles of land, about 48 residents per square mile (Census Bureau Gazetteer).

How Oakwood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents3,331 (±28)3,098 (±19)−7.0%Measurable decrease
Housing units1,451 (±134)1,584 (±131)+9.2%Not a measurable change
Median gross rent$715 (±$44)$833 (±$317)+16.5%No measurable change after inflation
Median home value$93,600 (±$9,853)$116,200 (±$10,257)+24.1%No measurable change after inflation
Median household income$60,417 (±$11,309)$57,188 (±$6,434)−5.3%Down after inflation
Median owner cost with a mortgage$1,081 (±$102)$1,386 (±$90)+28.2%No measurable change after inflation
Median real estate taxes$1,825 (±$200)$2,041 (±$317)+11.8%No measurable change after inflation
Households that rent14.5% (±4.1 points)20.2% (±5.8 points)+5.7 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±14.6 points)8.7% (±8.0 points)+8.7 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Vermilion County

Oakwood Township has no police department of its own in the FBI’s figures, so this is the figure for Vermilion County as a whole.

In 2025, the police departments that report for Vermilion County recorded 778 violent and 2,827 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Oakwood Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
61857100%147—$76,500$83,750
6185877%2,639$763$125,500$56,415
6184464%1,031$1,039$153,400$105,179

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Oakwood Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Muncie1.2 mi—$76,5008.7%
Fithian2.3 mi$1,039$118,00016.0%
Oakwood3.6 mi$695$103,00022.3%
Pilot Township (Vermilion County)5.9 mi—$181,8003.0%
Fairmount6.0 mi$783$87,60020.6%
Ogden6.3 mi$1,214$157,4007.1%
Vance Township6.4 mi$783$146,70016.7%
Ogden Township7.1 mi$1,324$176,40011.4%

Places in Illinois most like Oakwood Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Wayne City$829$98,300$54,64320.4%
Farmersville$764$116,900$63,75020.4%
Chouteau Township$871$100,500$60,16017.7%
Wade Township (Jasper County)$778$119,700$64,16719.9%
Wade Township (Clinton County)$833$139,400$64,19120.7%
Fayetteville$850$95,200$59,58314.3%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.

HUD Fair Market Rent for Oakwood Township, fiscal year 2027

Vermilion County, IL, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$743$748$956$1,278$1,337

HUD income limits for Oakwood Township, fiscal year 2026

Vermilion County, IL, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$18,850$31,400$50,250
2 people$21,640$35,900$57,400
3 people$27,320$40,400$64,600
4 people$33,000$44,850$71,750
5 people$38,680$48,450$77,500
6 people$44,360$52,050$83,250
7 people$50,040$55,650$89,000
8 people$55,720$59,250$94,750

These are the limits HUD sets for its housing programs in the Vermilion County, IL, where HUD’s median family income for fiscal year 2026 is $82,900.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Oakwood Township

What is the average rent in Oakwood Township, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Oakwood Township is $833 (±$317) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Oakwood Township?

The median gross rent for a one-bedroom home in Oakwood Township, IL is $661 (±$38) a month (2020–2024 American Community Survey).

How many renters are there in Oakwood Township?

Oakwood Township has an estimated 274 (±81) renting households, 20.2% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Oakwood Township?

The median household income in Oakwood Township is $57,188 (±$6,434) a year (2020–2024 American Community Survey).

What is the average home value in Oakwood Township, IL?

The Census Bureau publishes the median: $116,200 (±$10,257) for owner-occupied homes in Oakwood Township (2020–2024 American Community Survey).

What is the average mortgage payment in Oakwood Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Oakwood Township, IL is $1,386 (±$90) a month, including taxes, insurance and utilities.

Is Oakwood Township growing?

In Oakwood Township, the number of residents went from 3,331 in 2015–2019 to 3,098 in 2020–2024 (−7.0%), a measurable decrease.

What ZIP codes are in Oakwood Township?

The ZIP codes that cover Oakwood Township are 61857, 61858, 61844.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Oakwood township, Vermilion County, Illinois (county subdivision:55015, in state:17 county:183).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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