Median Income
$63,182
household / year
Median Home Value
$92,500
owner-occupied
Median Rent
$783
gross / month
Cost of Living
90
national avg = 100

Is Oakford, IL a Good Place to Live?

Oakford is a small town of 223 in Illinois, with a median household income of $63,182 and a 6.5% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Oakford stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Oakford is right for you depends on your priorities — the full breakdown is below.

All Oakford city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.5

Oakford's overall cost of living index is 90.5, where 100 represents the US national average. Living in Oakford costs roughly 10% less than the average American city.

Metric Oakford, IL National Avg
Median Home Value $92,500 $244,900
Median Monthly Rent $783 $1,163
Homeownership Rate 86.5% 65.9%
Median Household Income $63,182 $74,755

Crime & Safety

Crime data for Oakford is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Oakford, IL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 11.3% 35.4%
High School Diploma or Higher 92.5% 91.1%

Weather & Climate

Oakford sees average highs of 34.4°F in January and 85.5°F in July, with 37.6 inches of annual precipitation and 15.2 inches of snow per year.

MetricOakford, IL
Average High — January34.4°F
Average High — July85.5°F
Annual Precipitation37.6"
Annual Snowfall15.2"

Demographics

MetricOakford, ILNational Avg
Population223—
Median Age43.638.9
Unemployment Rate6.5%3.7%
Avg Commute Time34.6 min26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1822.0%22.2%
65 and over22.9%16.8%

Nearby Cities

Kilbourne, IL 4 mi Petersburg, IL 9 mi Lake Petersburg, IL 10 mi Chandlerville, IL 11 mi Tallula, IL 11 mi

ZIP Codes in Oakford

Oakford, IL is covered by 1 ZIP code:

62673

Oakford vs Other Cities

Oakford, IL vs Kilbourne, IL Oakford, IL vs Petersburg, IL Oakford, IL vs Lake Petersburg, IL Oakford, IL vs Chandlerville, IL Oakford, IL vs Tallula, IL

Frequently Asked Questions

Oakford's cost of living index is 90, where 100 is the national average. That makes Oakford roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $92,500 and median rent is $783/month.
Crime data for Oakford is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Oakford, IL has a population of 223, a median household income of $63,182, and an unemployment rate of 6.5%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Oakford averages 34.4°F in January and 85.5°F in July. Annual rainfall is 37.6 inches with about 15.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Oakford, IL is covered by 1 ZIP code: 62673.
The population of Oakford, Illinois is 223 with a median age of 43.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Oakford: cost of living index 90 (100 = US average), median home $92,500, median household income $63,182. Whether these are benefits or drawbacks depends on where you're coming from — compare Oakford side by side with your current city to see the trade-offs.