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Oswego village, Illinois Demographics & Population 2026

As of 2026, Oswego village, Illinois has a total population of 35,463, the 52nd largest city in Illinois, with a median household income of $119,881, which is 47% higher than the state average. The poverty rate is 2.3%.

Key Takeaways

Oswego village Quick Facts

Population 35,463
Median Household Income $119,881
Median Home Value $319,000
Poverty Rate 2.3%
Unemployment Rate 2.7%
Median Age 39.7 years
Homeownership Rate 87.7%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 43.5%
High School Graduation Rate 94.8%
Diversity Index 56/100
Population 35,463 52nd of 1,445
Median Income $119,881 top 10%
Poverty Rate 2.3% 82% lower national
Median Home Value $319,000 top 10%

How Oswego village Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 5.8% | National: 5.2%
70.6% Labor Force Participation

Housing Overview

Owner 87.7%
Renter 12.3%
Affordability Index Very Affordable
2.7x home value to income ratio

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Oswego village Rankings in Illinois

#52 Population of 1,445
#111 Median Income of 1,445
#161 Education of 1,445
#123 Home Value of 1,445

Cities Similar to Oswego village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. Charles city32,733$115,350$369,70051.2%3.9%
Woodridge village33,889$97,263$345,20046.1%5.8%
Northbrook village34,642$155,321$644,10073.1%4.5%
Addison village35,470$87,587$318,00021.9%8.8%
Gurnee village30,486$121,410$331,10054.4%5.5%

Population Overview

Oswego village is a mid-sized community located in Illinois. The total population is 35,463. It ranks as the 52nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Oswego village is 39.7 years. This is 2% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Oswego village is $119,881. This is 47% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 53% higher. The poverty rate stands at 2.3%. This is 81% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.7%. This is 53% lower than the state rate of 5.8%. The median home value is $319,000. Housing costs are 27% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.7x, Oswego village is one of the most affordable housing markets in the area. 87.7% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Oswego village is White (non-Hispanic), making up 63.0% of the population. Hispanic or Latino residents account for 16.4%.

Education

43.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher 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 94.8%. Notably, 17.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Oswego village, 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 Oswego village, Illinois?

Oswego village, Illinois has a population of 35,463 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oswego village, IL?

The median household income in Oswego village is $119,881, which is 53% higher the national median of $78,538.

What is the poverty rate in Oswego village, IL?

The poverty rate in Oswego village is 2.3%. This means approximately 798 residents live below the federal poverty line.

What is the racial makeup of Oswego village, Illinois?

Oswego village's population is 63.0% White, 11.8% Black, 16.4% Hispanic/Latino, and 4.4% Asian.

What is the median home value in Oswego village, IL?

The median home value in Oswego village is $319,000. The home-value-to-income ratio is 2.7x.

How educated is Oswego village, Illinois?

43.5% of adults (25+) in Oswego village hold a bachelor's degree or higher, and 17.5% hold a graduate or professional degree.