Oswego is a medium-sized village located in the state of Illinois. With a population of 35,850 people and eight associated neighborhoods, Oswego is the 54th largest community in Illinois. Oswego has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Oswego, where the median household income is $112,109.00.
Oswego real estate is some of the most expensive in Illinois, although Oswego house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Oswego has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Oswego telecommute to their jobs. Overall, about 13.93% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Oswego is a great place for families with children to consider. First of all, many other families with children live here, making Oswego a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Oswego has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Oswego’s overall crime rate is lower than average for the country.
One downside of living in Oswego, however, is that residents on average have to contend with a long commute, spending on average 31.46 minutes every day commuting to work.
The citizens of Oswego are among the most well-educated in the nation: 42.29% of adults in Oswego have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Oswego in 2022 was $44,340, which is wealthy relative to Illinois, and upper middle income relative to the rest of the US. This equates to an annual income of $177,360 for a family of four.
Oswego is an extremely ethnically-diverse village. The people who call Oswego home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oswego residents report their race to be White, followed by Black or African-American. Oswego also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.54% of the village’s residents. Important ancestries of people in Oswego include German, Irish, Polish, English, and Italian.
The most common language spoken in Oswego is English. Other important languages spoken here include Spanish and Polish.