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Oakland city, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Oakland city, Illinois has a total population of 948, the 720th largest city in Illinois, with a median household income of $49,571, which is 39% lower than the state average. The poverty rate is 11.7%.

Key Takeaways

Oakland city Quick Facts

Population 948
Median Household Income $49,571
Median Home Value $97,200
Poverty Rate 11.7%
Unemployment Rate 6.1%
Median Age 48.9 years
Homeownership Rate 78.3%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 18.1%
High School Graduation Rate 95.3%
Diversity Index 3/100
Population 948 720th of 1,445
Median Income $49,571 bottom 20%
Poverty Rate 11.7% 6% lower national
Median Home Value $97,200 below average

How Oakland city Compares

Economy & Housing

Employment

6.1% Unemployment Rate State: 5.8% | National: 5.2%
58.5% Labor Force Participation

Housing Overview

Owner 78.3%
Renter 21.7%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Oakland city Rankings in Illinois

#720 Population of 1,445
#1150 Median Income of 1,445
#694 Education of 1,445
#876 Home Value of 1,445

Cities Similar to Oakland city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cissna Park village960$50,625$117,90031.5%9.5%
Galatia village970$49,938$78,60011.2%4.5%
Nauvoo city911$49,750$118,00022.6%32.8%
Oquawka village990$51,477$87,20018.2%15.9%
Ramsey village998$50,664$58,0008.0%16.5%

Population Overview

Oakland city is a small community located in Illinois. The total population is 948. It ranks as the 720th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Oakland city is 48.9 years. This is 26% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Oakland city is $49,571. This is 39% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 37% lower. The poverty rate stands at 11.7%. This is about average than the state poverty rate of 11.7%. The unemployment rate is 6.1%. This is 5% higher than the state rate of 5.8%. The median home value is $97,200. Housing costs are 61% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.0x, Oakland city is one of the most affordable housing markets in the area. 78.3% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

Oakland city has a predominantly White (non-Hispanic) population, comprising 98.3% of all residents. Hispanic or Latino residents account for 0.4%. The White (non-Hispanic) population is significantly higher than the state average (98.3% vs 58.8%). The Black or African American population (0.3%) is well below the state average of 13.6%. The Hispanic or Latino population (0.4%) is well below the state average of 18.5%.

Education

18.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 51% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%.

Data Sources & Methodology

All demographic data for Oakland city, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Oakland city, Illinois?

Oakland city, Illinois has a population of 948 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oakland city, IL?

The median household income in Oakland city is $49,571, which is 37% lower the national median of $78,538.

What is the poverty rate in Oakland city, IL?

The poverty rate in Oakland city is 11.7%. This means approximately 108 residents live below the federal poverty line.

What is the racial makeup of Oakland city, Illinois?

Oakland city's population is 98.3% White, 0.3% Black, 0.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Oakland city, IL?

The median home value in Oakland city is $97,200. The home-value-to-income ratio is 2.0x.

How educated is Oakland city, Illinois?

18.1% of adults (25+) in Oakland city hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.