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Cost of living, pay and housing

42.25° N · 88.24° W · GEOID 1755041

Oakwood Hills

McHenry County, Illinois · part of the Chicago, IL metro

Limited data population under 5,000

IllinoisOakwood Hills, ILOakwood HillsOakwood Hills

The short answer

Oakwood Hills is home to 2,416 people. Median household income is $109,907 a year and median rent is $1,886 a month, 20.6% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $282,300, about 2.6x annual median household income.

Median gross rent
$1,886
38% above the median place
Median household income
$109,907
37% above the median place
Median home value
$282,300
12% below the median place
Unemployment
4.7%
4% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Oakwood Hills

  • 2.9% of residents live below the poverty line, fewer than in 96% of the 2,082 places under 10,000 people we track.
  • Between the 2019 and 2024 surveys, rent rose 8.5% a year while household income rose 2.6%, so rent outran pay by more than in 91% of places its size.
  • Owning with a mortgage costs only about $98 a month more than the median rent, a smaller gap than in 90% of places its size.
  • 91% of homes are owner-occupied, more than in 92% of places its size.
  • Counting remote workers as zero, the average worker spends about 205 hours a year commuting, more than in 82% of places its size.
01

Moving to Oakwood Hills

McHenry County gains about 4.2 residents per 1,000 a year to moves between counties.

Moved in13,564
Moved out12,384
Net+1,180

Where people come from and where they go, top counties

Cook County, IL4,1121,846+2,266
Lake County, IL2,1341,531+603
Kane County, IL2,0041,406+598
Boone County, IL143273−130

Within Illinois, other states or abroad

Arrivals
Leavers
Within IllinoisOther statesAbroad

Income per tax return

Arrivals$76K
Leavers$80K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of McHenry County; flows under 20 returns are not published.

Who moves here
2.7% of residents arrived from another county in the past year, 1.0% from another state.
Who arrives and who leaves
Households moving into McHenry County report $76,400 a year in income on average; those leaving, $80,200.
Income you would need
$75,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,886 a month; owners with a mortgage pay $1,984 a month including taxes and insurance, on a median home of $282,300.
Getting to work
32 minutes each way on average; 16.1% work from home; 1.2% take transit.
If it is close but not quite
Southwood Acres, CT matches it on character. Compare the two
Moved here in the past year1
2.7%
53% below the median place
Moved from another state1
1.0%
50% below the median place
Net movers per 1,000 people8
4.2
above the median place (median -0.6)
All 5 moving measures
MeasureOakwood HillsAmong 6,645 placesVs median
Moved here in the past year12.7%53% below
Moved from another state1County figure1.0%50% below
Net movers per 1,000 people8County figure4.2above (median -0.6)
Income of households moving in8County figure$76,4498% above
Income of households moving out8County figure$80,17414% above
02

What it costs to live here

Property tax rate is 2.5%, 169% above the median place.

Oakwood Hills20.6%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$75,440
a year, at the 30% line
Rent to income
20.6%
1% above the median place
Home price to income
2.6x
32% below the median place

Could you afford it?

The median rent would take
21%
comfortably under the 30% line
Left after rent, in US prices
$85,800
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Oakwood Hills, $1,886 a month, and local prices for everything else (101.9 against a US average of 100). It runs in your browser and stores nothing.

Like Oakwood Hills, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Lakes of the Four Seasons, IN16.6% vs 20.6%$14,000Compare
Lake Carmel, NY17.2% vs 20.6%$300Compare

Moving from somewhere else? Work out the salary you would need in Oakwood Hills.

Sponsored · exampleMoving to Oakwood Hills? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Property tax rate1
2.5%
169% above the median place
Homeownership1
91.5%
38% above the median place
Property tax paid (median)1
$6,920
112% above the median place
All 16 cost and housing measures
MeasureOakwood HillsAmong 6,645 placesVs median
Median gross rent1$1,88638% above
Rent to income120.6%1% above
Property tax rate12.5%169% above
Home price to income12.6x32% below
Prices vs US average2Metro figure103.63% above
Fair market rent, 2 bedrooms3County figure$2,01125% above
HUD area median income4County figure$121,50013% above
Property tax paid (median)1$6,920112% above
Median home value1$282,30012% below
Home prices, 1-year change5County figure5.8%83% above
Home prices, 5-year change5County figure57.3%11% above
Homeownership191.5%38% above
Renters paying 30%+150.0%1% below
Owner costs with a mortgage1$1,9846% above
Vacant homes1County figure3.1%56% below
Median year built119810% above
03

Work and pay

Poverty rate is 2.9%, 73% below the median place.

Poverty rate1
2.9%
73% below the median place
Mean commute1
32 min
27% above the median place
Median household income1
$109,907
37% above the median place

More on work and pay, against the typical place

Income per person$52,695 +32%
Works from home16.1% +29%
Commutes by transit1.2% +40%
All 10 work and pay measures
MeasureOakwood HillsAmong 6,645 placesVs median
Median household income1$109,90737% above
Income per person1$52,69532% above
Unemployment1County figure4.7%4% below
Average annual pay6County figure$57,10313% below
Pay growth, 1 year6County figure3.6%3% below
Jobs6County figure98,05835% below
Poverty rate12.9%73% below
Mean commute132 min27% above
Works from home116.1%29% above
Commutes by transit11.2%40% above
04

Who lives here

Homes with broadband is 98.0%, 6% above the median place.

Homes with broadband1
98.0%
6% above the median place
No health insurance1
2.6%
59% below the median place
Population change since 20207
-1.4%
below the median place (median 1.1%)

More about who lives here, against the typical place

Born abroad14.1% +60%
High school or higher90.2% −2%
Bachelor's or higher37.6% +17%
Median age40.2 +3%
Household size2.6 +3%
All 9 people measures
MeasureOakwood HillsAmong 6,645 placesVs median
Population12,4166646th largest
Population change since 20207-1.4%below (median 1.1%)
Median age140.23% above
Bachelor's or higher137.6%17% above
High school or higher190.2%2% below
Household size12.63% above
Born abroad114.1%60% above
No health insurance12.6%59% below
Homes with broadband198.0%6% above
05

Life in Oakwood Hills

14 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents4.1 −59%
Playgrounds per 10k16.6 +76%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −80%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars20.6 −1%
Shops26.1 −14%
Arts, recreation and fitness4.9 +20%
Doctors' offices and clinics20.2 +0%
Child care centers2.1 −9%

Counts businesses with paid staff, so small owner-run shops are not included.

Public schools13
89
above the median place (median 9)
Public school students13
50,123
above the median place (median 4,897)
Shops per 10k9
26.1
14% below the median place
All 16 schools and local life measures
MeasureOakwood HillsAmong 6,645 placesVs median
Public schools13County figure89above (median 9)
Public school students13County figure50,123above (median 4,897)
Students per teacher13County figure13.711% below
Restaurants and bars per 10k9County figure20.61% below
Shops per 10k9County figure26.114% below
Arts, recreation and fitness per 10k9County figure4.920% above
Doctors' offices and clinics per 10k9County figure20.20% above
Child care centers per 10k9County figure2.19% below
Parks per 10k104.159% below
Playgrounds per 10k1016.676% above
Grocery stores per 10k100.0below (median 2.1)
Restaurants, cafes and bars per 10k100.0below (median 11.2)
Libraries per 10k100.0below (median 0.9)
Named paths and bike trails100.480% below
Transit stops per sq mi100.0below (median 0.2)
National Register listings11County figure148% above
06

Safety, weather and risk

Violent crime per 100k is 49, 75% below the median place.

Violent crime per 100k
49
75% below the median place
Property crime per 100k
49
96% below the median place
Months reported
12 of 12
by the city police department to the FBI

Counts only offenses reported by the city police department. Sheriff, state and campus police are not included, and some departments do not report to the FBI at all, so compare with care.

January average low14
14°F
46% below the median place
Hurricane risk15
10.3
85% below the median place
Average temperature14
48°F
12% below the median place
All 11 weather and risk measures
MeasureOakwood HillsAmong 6,645 placesVs median
July average high14County figure83°F4% below
January average low14County figure14°F46% below
Average temperature14County figure48°F12% below
Annual precipitation14County figure37.4 in15% below
Natural hazard risk15County figure90.82% below
Hurricane risk15County figure10.385% below
Tornado risk15County figure96.318% above
Wildfire risk15County figure31.648% below
Heat wave risk15County figure75.516% below
Median air quality index16County figure422% below
Good air days16County figure67.9%1% below
08

Oakwood Hills in 2030: where the trends point

If recent trends hold, the median rent will take about 21% of the median income in 2030, up from 21% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,886/mo (2024)$2,450/mo$2,010 to $2,990/mo+4.5%
Median household income$109,907 (2024)$137,500$116,000 to $162,500+3.8%
Median home value$282,300 (2024)$394,000$286,000 to $543,000+5.7%
Population2,046 (2025)2,0501,960 to 2,130−0.0%

The median home would be worth 2.9 years of the median income in 2030, against 2.6 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Oakwood Hills

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Southwood Acres, CT$1,728$110,286Compare
Greenwood, MO$1,809$107,250Compare
Rowlett, TX$1,990$112,081Compare
Old Jamestown, MO$1,835$99,521Compare
Old Jamestown, MORowlett, TXGreenwood, MOSouthwood Acres, CTOakwood Hills, ILOakwood HillsSouthwood AcresGreenwoodRowlettOld JamestownOakwood HillsSouthwood AcresGreenwoodRowlettOld Jamestown

Common questions

Is Oakwood Hills a good place to live?

It depends on what you need, so here is what the numbers say. 2.9% of residents live below the poverty line, fewer than in 96% of the 2,082 places under 10,000 people we track. Between the 2019 and 2024 surveys, rent rose 8.5% a year while household income rose 2.6%, so rent outran pay by more than in 91% of places its size. On cost, space and class size it scores 96 out of 100 for families. See how it ranks with your own weights.

Is Oakwood Hills expensive to live in?

The median rent takes 20.6% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $282,300.

What salary do you need to live in Oakwood Hills?

To rent the median home without spending more than 30% of income on rent, a household needs about $75,440 a year. Work it out from your current city.

Is Oakwood Hills safe?

There were 49 reported violent crimes per 100,000 residents, against 192 in the typical place.

What places are similar to Oakwood Hills?

On income, rent, home value, education and age, the closest matches are Southwood Acres, CT, Greenwood, MO, Rowlett, TX and Old Jamestown, MO.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  13. Common Core of Data · National Center for Education Statistics · 2024 release
  14. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  15. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  16. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Oakwood Hills with places of a similar size, using only figures measured for Oakwood Hills itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/oakwood-hills-illinois

Citytistics. “Oakwood Hills, Illinois.” Data as of 2026-11-14. https://www.citytistics.com/city/oakwood-hills-illinois/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.