Green Oaks, IL
Population 4,085 · Illinois
About Green Oaks, IL
Green Oaks is a small town located in Illinois with a population of 4,085 residents according to the latest US Census Bureau American Community Survey data. The median household income is $133,472 per year, which is 78% above the national median of $75,149. The median age of 48.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Green Oaks features a median home value of $653,500, which is 167% above the national median of $244,900. This places Green Oaks in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,300, 12% above the national average of $1,163/month. Of the 1,636 total housing units, 70% are owner-occupied (1,114 units) and 30% are renter-occupied (467 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Green Oaks shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Green Oaks have an average one-way commute time of 25.3 minutes.
Education & Demographics
57.9% of Green Oaks residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.8% White, 0.9% Hispanic or Latino, 5.3% Black or African American, and 1.4% Asian residents, with 11.1% of the population being foreign-born.
Cost of Living in Green Oaks, IL
Compared to national averages, Green Oaks has a median household income of $133,472 (78% above the national median of $75,149). Home values average $653,500, which is 167% above the national median. Monthly rent at $1,300 is 12% above the US average of $1,163. Within Illinois, Green Oaks's income is 78% above the state average of $75,072, and home values are 294% above the state median of $165,779.
Why Live in Green Oaks, IL?
Green Oaks offers a strong local economy with a median household income of $133,472, well above the national average, and a strong job market with an unemployment rate of just 2.2%, and a well-educated community where 57.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $653,500. However, Green Oaks’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Green Oaks has a population of 4,085 with a median age of 48.8 years. Compare Green Oaks with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Green Oaks
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Metamora | 4,094 | $99,091 | $209,800 | Compare |
| Marseilles | 4,071 | $56,777 | $119,100 | Compare |
| Sparta | 4,070 | $63,401 | $120,500 | Compare |
| Rosewood Heights | 4,047 | $80,753 | $125,900 | Compare |
| Wonder Lake | 4,141 | $102,829 | $242,300 | Compare |
| Coal Valley | 4,142 | $104,781 | $208,700 | Compare |
| Rosemont | 4,145 | $69,153 | $403,600 | Compare |
| Millstadt | 4,013 | $94,536 | $205,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Green Oaks With Other Cities
Frequently Asked Questions about Green Oaks
What is the population of Green Oaks, IL?
The population of Green Oaks, IL is 4,085 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Green Oaks?
The median household income in Green Oaks, IL is $133,472 per year, which is 78% above the national median of $75,149.
What is the median home value in Green Oaks?
The median home value in Green Oaks, IL is $653,500, which is 167% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Green Oaks?
The median monthly rent in Green Oaks, IL is $1,300, which is 12% above the national average of $1,163/month.
What is the unemployment rate in Green Oaks?
The unemployment rate in Green Oaks, IL is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Green Oaks, IL a good place to live?
Green Oaks offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,085 and a median age of 48.8, the city appeals to established professionals and retirees.
How educated is Green Oaks, IL?
57.9% of residents in Green Oaks aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Green Oaks?
Key cost-of-living indicators for Green Oaks, IL: median home value is $653,500 (167% above national), median rent is $1,300/month, and median household income is $133,472. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Green Oaks?
The poverty rate in Green Oaks, IL is 7.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Green Oaks, IL?
Green Oaks's population is 1.8% White, 0.9% Hispanic or Latino, 5.3% Black or African American, 1.4% Asian, and 0.6% two or more races. 11.1% of residents are foreign-born.