Oakwood Hills, IL's Data
About Oakwood Hills, IL's
Oakwood Hills is a small village located in McHenry County, Illinois. Established in 1959, this residential community is nestled in a scenic environment characterized by lush tree cover and numerous small lakes, including Silver Lake, which is central to the village's geography. Its proximity to the larger city of Chicago, about 45 miles away, allows residents to enjoy a quiet, suburban lifestyle while having access to the amenities of a major urban center.
City: Oakwood Hills
State: Illinois
Country: United States
Population: 2,083
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Oakwood Hills, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Oakwood Hills, IL
Silver Lake - A popular spot for fishing, boating, and scenic views.
Chalet Hills Golf Club - An 18-hole championship golf course known for its challenging layout and beautiful landscapes.
Moraine Hills State Park - Located nearby, offering hiking, biking, and wildlife observation opportunities.
Crystal Lake - A larger nearby lake providing additional recreational activities such as swimming and water sports.
Oakwood Hills Fen Nature Preserve - A natural area that preserves unique wetland habitats and supports diverse plant and animal life.
The Economy of Oakwood Hills, IL
The economy of Oakwood Hills is primarily residential in nature, with local businesses serving the community's daily needs. The village's economic activity is closely tied to the greater McHenry County area, which includes sectors like retail, healthcare, and educational services. Many residents commute to jobs in nearby cities, making the village a tranquil bedroom community.
Oakwood Hills, IL Inflation
Understanding the BLS and Inflation in Oakwood Hills, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oakwood Hills, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Oakwood Hills, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Oakwood Hills, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Oakwood Hills, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Oakwood hills, IL
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