Oakland, IL 61943 has a population of approximately 1,582 and experiences a population change rate of -16.74%. The population density is 20.4 / sq mi .
Oakland, IL 61943 has a population of approximately 1,582 and experiences a population change rate of -16.74%. The population density is 20.4 / sq mi .
The median household income for Oakland, IL 61943 is $49,091, with 730 households and an average household size of 2.09.
The median value of a home in Oakland, IL 61943 is $89,400 with an appreciation rate of 13.50%. 71.14% of housing in the state is owned while 19.65% is rented.
The cost of living in Oakland, IL 61943 is 77.5 %.
The unemployment rate in Oakland, IL 61943 is 3.80%, and recent job growth is at 0.60%. Future job growth is projected at 29.02%.
The sales tax rate in Oakland, IL 61943 is 8.25%, while the income tax rate is 4.95% .
School expenditures in Oakland, IL 61943 are $14,633, and the school ratio is 15.5:1.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 41 inches per year, with 17.8 inches of snow per year.