Oakford, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Oakford, Illinois had a total population of 191, the 1218th largest village in Illinois, with a median household income of $65,000, which is 22% lower than the state average. The poverty rate is 7.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 8.5% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
Oakford Quick Facts
How Oakford Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 258 | 191 | -26.0% |
| Median household income | $65,813 | $65,000 | -1.2% |
| Median home value | $101,900 | $100,600 | -1.3% |
How Oakford Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Oakford Rankings in Illinois
Explore Illinois Rankings
Other Cities in Menard County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Petersburg | 2,341 | $56,458 | 15.7% | $177,700 |
| Athens | 2,102 | $81,192 | 9.5% | $164,000 |
| Lake Petersburg | 928 | $144,375 | 2.7% | $338,700 |
| Greenview | 912 | $63,594 | 9.0% | $93,700 |
| Tallula | 494 | $69,167 | 11.7% | $94,500 |
Cities Similar to Oakford
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Serena | 182 | N/A | N/A | 14.5% | 23.1% |
| Rutland | 195 | $60,625 | $76,400 | 5.0% | 9.7% |
| West Point | 201 | $64,375 | $39,300 | 3.0% | 11.4% |
| St. Johns | 184 | $62,500 | $80,000 | 18.9% | 14.4% |
| North Henderson | 191 | $74,231 | $66,700 | 13.6% | 0.0% |
A note before these figures: with a population of 191, Oakford's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Oakford is a small community located in Illinois, within Menard County. The total population is 191. It ranks as the 1218th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Oakford is 40.3 years. This is 3% higher than the state median of 39.0 years. 12.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Oakford is $65,000. This is 22% lower than the state median of $83,390. It is also 19% lower than the national median of $80,734. The poverty rate stands at 7.4%. This is 37% lower than the state poverty rate of 11.8%. The unemployment rate is 3.6%. This is 39% lower than the state rate of 5.8%. The median home value is $100,600. Housing costs are 62% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.5x, Oakford is one of the most affordable housing markets in the area. 78.4% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 67.1%.
Race & Ethnicity
Oakford has a predominantly White (non-Hispanic) population, comprising 98.4% of all residents. The White (non-Hispanic) population is significantly higher than the state average (98.4% vs 58.1%).
Education
8.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 78% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.
Data Sources & Methodology
All demographic data for Oakford, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Oakford, Illinois?
Oakford, Illinois has a population of 191 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oakford, IL?
The median household income in Oakford is $65,000, which is 19% lower than the national median of $80,734.
What is the poverty rate in Oakford, IL?
The poverty rate in Oakford is 7.4%. This means approximately 14 residents live below the federal poverty line.
What is the racial makeup of Oakford, Illinois?
Oakford's population is 98.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Oakford, IL?
The median home value in Oakford is $100,600. The home-value-to-income ratio is 1.5x.
How educated is Oakford, Illinois?
8.5% of adults (25+) in Oakford hold a bachelor's degree or higher, and 0.8% hold a graduate or professional degree.