Quick facts: Oakwood, IL
Quick Facts
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Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $47,344.
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Overview for Oakwood, IL
Oakwood is a small village located in Vermilion County, Illinois. Situated in the east-central part of the state, it provides a quiet, rural atmosphere. With a population of just over 1,000 residents, Oakwood embodies a close-knit community feel. The village is predominantly residential and features charming homes, local parks, and a few small businesses, contributing to its laid-back lifestyle. The area is primarily agricultural, surrounded by picturesque landscapes typical of the Midwest. Nature enthusiasts can explore nearby parks and trails. Oakwood's location also allows for convenient access to larger towns in Vermilion County, offering additional amenities and services. Education in Oakwood is served by community school districts that emphasize quality learning. The village hosts local events and gatherings that strengthen community bonds. With its peaceful atmosphere, Oakwood appeals to those seeking a slower pace of life in a quaint Midwestern setting. Its proximity to urban areas provides a balance of tranquility and accessibility to more populated regions.