Oak Run, IL
Population 722 · Illinois
About Oak Run, IL
Oak Run is a small community located in Illinois with a population of 722 residents according to the latest US Census Bureau American Community Survey data. The median household income is $120,972 per year, which is 61% above the national median of $75,149. The median age of 60.2 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 Oak Run features a median home value of $280,600, which is 15% above the national median of $244,900. This positions Oak Run in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 633 total housing units, 99% are owner-occupied (321 units) and 1% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak Run shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oak Run have an average one-way commute time of 26.1 minutes.
Education & Demographics
33.9% of Oak Run residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Oak Run, IL
Compared to national averages, Oak Run has a median household income of $120,972 (61% above the national median of $75,149). Home values average $280,600, which is 15% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Oak Run's income is 61% above the state average of $75,072, and home values are 69% above the state median of $165,779.
Why Live in Oak Run, IL?
Oak Run offers a strong local economy with a median household income of $120,972, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 33.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.7%, better than the national average.
Oak Run has a population of 722 with a median age of 60.2 years. Compare Oak Run with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Oak Run
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tilden | 722 | $45,625 | $72,300 | Compare |
| Congerville | 723 | $78,649 | $201,900 | Compare |
| Grafton | 723 | $93,250 | $254,700 | Compare |
| Schram City | 720 | $51,071 | $86,500 | Compare |
| Alexis | 719 | $79,583 | $89,900 | Compare |
| Lost Nation | 727 | $106,419 | $220,600 | Compare |
| Dalzell | 716 | $74,625 | $159,400 | Compare |
| Piper City | 716 | $39,338 | $76,600 | 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 Oak Run With Other Cities
Frequently Asked Questions about Oak Run
What is the population of Oak Run, IL?
The population of Oak Run, IL is 722 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Oak Run?
The median household income in Oak Run, IL is $120,972 per year, which is 61% above the national median of $75,149.
What is the median home value in Oak Run?
The median home value in Oak Run, IL is $280,600, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak Run?
The median monthly rent in Oak Run, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oak Run?
The unemployment rate in Oak Run, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oak Run, IL a good place to live?
Oak Run offers above-average incomes, a competitive housing market, and a strong job market. With a population of 722 and a median age of 60.2, the city appeals to established professionals and retirees.
How educated is Oak Run, IL?
33.9% of residents in Oak Run 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 Oak Run?
Key cost-of-living indicators for Oak Run, IL: median home value is $280,600 (15% above national), median rent is $0/month, and median household income is $120,972. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oak Run?
The poverty rate in Oak Run, IL is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oak Run, IL?
Oak Run's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 1.1% of residents are foreign-born.