Oakland, IL
862Residents
$50,848Median household income
$506/moMedian gross rent
$98,100Median home value
49.6Median age
17%Adults with a bachelor’s degree or higher
78%Homes lived in by their owners
1.9×Home value to household income
Median rent takes about 12% of the median household income in Oakland.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $20,000 a year. In Illinois that leaves roughly $1,424 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.