Oakford, IL
Population 258 · Illinois
About Oakford, IL
Oakford is a small community in Illinois with a population of 258 residents. The median household income is $65,813 per year, which is near the national average. The median age in Oakford is 33.3 years.
Housing in Oakford has a median home value of $101,900 and median monthly rent of $833. Of the 116 total housing units, the majority are owner-occupied, with 87 owner-occupied and 16 renter-occupied units.
The unemployment rate in Oakford is 2.3% and the poverty rate is 4.7%. 10.1% of residents hold a bachelor's degree or higher. The average commute time is 33.6 minutes.
Cost of Living in Oakford, IL
Compared to national averages, Oakford has a median household income of $65,813 (12% below the national median of $75,149). Home values average $101,900, which is 58% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Illinois, Oakford's income is 12% below the state average of $75,072, and home values are 39% below the state median of $165,779.
Why Live in Oakford, IL?
Oakford offers affordable housing with a median home value of $101,900, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features a low poverty rate of 4.7%, better than the national average.
Potential considerations include median household income ($65,813) that falls below the national average. However, Oakford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakford has a population of 258 with a median age of 33.3 years. Compare Oakford with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oakford
What is the population of Oakford, IL?
The population of Oakford, IL is 258 according to the latest Census data.
What is the median household income in Oakford?
The median household income in Oakford, IL is $65,813 per year.
What is the median home value in Oakford?
The median home value in Oakford, IL is $101,900.
What is the average rent in Oakford?
The median monthly rent in Oakford, IL is $833.
What is the unemployment rate in Oakford?
The unemployment rate in Oakford, IL is 2.3%.