Okawville, IL
Population 1,312 · Illinois
About Okawville, IL
Okawville is a small town located in Illinois with a population of 1,312 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,881 per year, which is 13% above the national median of $75,149. The median age of 41.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Okawville features a median home value of $161,400, which is 34% below the national median of $244,900. This positions Okawville in a moderately priced market relative to the rest of the country. Median monthly rent is $736, 37% below the national average of $1,163/month. Of the 580 total housing units, 79% are owner-occupied (420 units) and 21% are renter-occupied (110 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Okawville shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Okawville have an average one-way commute time of 24.4 minutes.
Education & Demographics
33.1% of Okawville 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 1.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Okawville, IL
Compared to national averages, Okawville has a median household income of $84,881 (13% above the national median of $75,149). Home values average $161,400, which is 34% below the national median. Monthly rent at $736 is 37% below the US average of $1,163. Within Illinois, Okawville's income is 13% above the state average of $75,072, and home values are 3% below the state median of $165,779.
Why Live in Okawville, IL?
Okawville offers a strong local economy with a median household income of $84,881, well above the national average, and affordable housing with a median home value of $161,400, below the US average of $244,900, and rent that’s lower than the national average at $736/month. Additionally, the city features a low poverty rate of 3.3%, better than the national average, and short commute times averaging just 24.4 minutes.
Okawville has a population of 1,312 with a median age of 41.4 years. Compare Okawville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Okawville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Toluca | 1,313 | $66,667 | $110,000 | Compare |
| Long Creek | 1,309 | $83,214 | $165,800 | Compare |
| Sheldon | 1,309 | $43,942 | $75,200 | Compare |
| Bunker Hill | 1,305 | $72,893 | $133,700 | Compare |
| Gardner | 1,319 | $82,125 | $183,300 | Compare |
| Herscher | 1,302 | $100,833 | $198,200 | Compare |
| Zeigler | 1,325 | $39,148 | $52,000 | Compare |
| Capron | 1,328 | $97,643 | $155,800 | 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 Okawville With Other Cities
Frequently Asked Questions about Okawville
What is the population of Okawville, IL?
The population of Okawville, IL is 1,312 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 Okawville?
The median household income in Okawville, IL is $84,881 per year, which is 13% above the national median of $75,149.
What is the median home value in Okawville?
The median home value in Okawville, IL is $161,400, which is 34% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Okawville?
The median monthly rent in Okawville, IL is $736, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Okawville?
The unemployment rate in Okawville, IL is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Okawville, IL a good place to live?
Okawville offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,312 and a median age of 41.4, the city appeals to a broad range of residents.
How educated is Okawville, IL?
33.1% of residents in Okawville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Okawville?
Key cost-of-living indicators for Okawville, IL: median home value is $161,400 (34% below national), median rent is $736/month, and median household income is $84,881. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Okawville?
The poverty rate in Okawville, IL is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Okawville, IL?
Okawville's population is 1.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 0.2% of residents are foreign-born.