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Oak Park, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
53,292
Population
$110,820
Median Income
$465,500
Home Value
40.3
Median Age

Demographics

Oak Park has a population of 53,292 with a median age of 40.3. Here is the racial and ethnic breakdown of the population:

White
63.0%
Black
17.9%
Hispanic
9.3%
Asian
5.4%
Other
4.4%
Demographic Value
Total Population53,292
Median Age40.3
White63.0%
Black or African American17.9%
Asian5.4%
Hispanic or Latino9.3%
Other / Two or More Races4.4%
Oak Park, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 63.0%Black: 17.9%Hispanic/Latino: 9.3%Asian: 5.4%Other: 4.4%53,292PopulationWhiteWhite63.0%BlackBlack17.9%Hispanic/LatinoHispanic/Latino9.3%AsianAsian5.4%OtherOther4.4%

Income & Economy

The median household income in Oak Park is $110,820, which is 37.5% above the national median of $80,610. The per capita income is $71,362. The poverty rate is 7.4%.

$110,820
Median Household Income
$71,362
Per Capita Income
7.4%
Poverty Rate

Employment

The unemployment rate in Oak Park is 4.8%, compared to the national rate of 4.1%.

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Education

In Oak Park, 97.6% of residents age 25+ have a high school diploma or higher, and 72.5% hold a bachelor's degree or higher (38.7% with a graduate or professional degree).

HS Diploma+
97.6%
Bachelor's+
72.5%
Graduate+
38.7%
Education Level % of Adults (25+)
High School Diploma or Higher97.6%
Bachelor's Degree or Higher72.5%
Graduate or Professional Degree38.7%

Housing

The median home value in Oak Park is $465,500, above the national median of $303,400. The median monthly rent is $1,593. The homeownership rate is 60.0%.

$465,500
Median Home Value
$1,593/mo
Median Rent
60.0%
Homeownership Rate
Housing Metric Value
Median Home Value$465,500
Median Monthly Rent$1,593
Homeownership Rate60.0%
Vacancy Rate6.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Oak Park, Illinois?
The population of Oak Park, Illinois is 53,292 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oak Park, Illinois?
The median household income in Oak Park, Illinois is $110,820. This is 37.5% above the national median of $80,610.
What is the median home value in Oak Park, Illinois?
The median home value in Oak Park, Illinois is $465,500. The median monthly rent is $1,593.
What percentage of people in Oak Park have a college degree?
In Oak Park, Illinois, 72.5% of adults age 25 and older hold a bachelor's degree or higher, and 97.6% have a high school diploma or higher.
Is Oak Park, Illinois an affordable place to live?
The home price-to-income ratio in Oak Park, Illinois is 4.2x (median home value $465,500 vs. median income $110,820), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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