Oconee, Illinois.
Typical home $200,690 (+10.5% in a year).
to buy the typical home at today's mortgage rate — +$192 (+22%) since Jan 2024.
- 1 year
- Up $19,001 +10%
- $181,689$200,690 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Oconee$1,053
- Illinois$1,553
- United States$1,922
Typical home values in Oconee, IL rose 10.5% over the past year — faster than the nation's +1.2%.
Living in Oconee, Shelby County, Illinois
Oconee is a village of 141 people in Shelby County. 91% of its homes are lived in by their owners and 9% are rented. Unemployment in Shelby County was 3.1% in August 2026, and the county had 1.5% more jobs in 2025 than the year before. The most people in Shelby County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Oconee is a very small village, and nearly everyone who lives there owns their home. Far fewer households fall below the poverty line than you might expect, and typical home values sit at a modest level. Winters are cold and snowy, with January the coldest month, while July is warm. Rain and melted snow fall steadily through the year.
Work. Residents work mostly in schools, hospitals and social care, with many others in manufacturing, shops and professional and business services. Across Shelby County, some of the largest workplaces are Graphic Packaging International, Walmart and Shelbyville CUSD 4. Unemployment in the county is lower than it was a year earlier, and the county has added jobs over the past year. The typical commute is a short one.
Things to do. Kitchell Park, a protected area, and Ramsey Lake State Recreation Area are both a short drive away. For a longer outing, Lake Shelbyville is a large reservoir, and Vandalia State House State Historic Site is a museum a longer drive away.
Report a mistake
- 6%below the poverty line
- 22 mintypical commute
What people in Shelby County work in
Employed residents by industry, from the Census survey. Shelby County had 4,919 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 19°; warmest in July, with highs near 87° and lows near 65°. About 14 inches of snow and 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Pana weather station, 6 miles away (NOAA).
Largest workplaces in Shelby County
- Graphic Packaging InternationalPaper and paperboard866
- WalmartWarehouse clubs and supercenters199
- Shelbyville CUSD 4School district192FTE
- Shelby CountyGeneral services departments, government125
- P&H MFGSemi-trailer manufacturing110
- Manor Court of ShelbyvilleSkilled nursing facilities104
- Hshs Good Shepherd HospitalCritical access hospital69FTE
- Cowden-Herrick CUSD 3ASchool district67FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,693 people in all across the county; Oconee has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- Cold wavesVery high
- DroughtRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Oconee’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Shelby County.
Oconee home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Oconee$200,690
- Illinois$295,943
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Oconee address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Oconee — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.