Oak Park, IL
Population 53,315 · Illinois
About Oak Park, IL
Oak Park is a mid-sized city in Illinois with a population of 53,315 residents. The median household income is $108,026 per year, which is above the national average. The median age in Oak Park is 40.6 years.
Housing in Oak Park has a median home value of $456,300 and median monthly rent of $1,456. Of the 24,673 total housing units, the majority are owner-occupied, with 14,128 owner-occupied and 9,139 renter-occupied units.
The unemployment rate in Oak Park is 5.5% and the poverty rate is 6.7%. 72.5% of residents hold a bachelor's degree or higher. The average commute time is 31.8 minutes.
How Oak Park Ranks in Illinois
Cost of Living in Oak Park, IL
Compared to national averages, Oak Park has a median household income of $108,026 (44% above the national median of $75,149). Home values average $456,300, which is 86% above the national median. Monthly rent at $1,456 is 25% above the US average of $1,163. Within Illinois, Oak Park's income is 44% above the state average of $75,072, and home values are 175% above the state median of $165,779.
Why Live in Oak Park, IL?
Oak Park offers a strong local economy with a median household income of $108,026, well above the national average, and a well-educated community where 72.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $456,300. However, as a mid-sized city, Oak Park provides access to a wide range of amenities and services.
Oak Park has a population of 53,315 with a median age of 40.6 years. Compare Oak Park with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Oak Park
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wheaton | 53,453 | $119,566 | $447,700 | Compare |
| Normal | 52,908 | $66,350 | $199,900 | Compare |
| Tinley Park | 55,007 | $103,819 | $289,000 | Compare |
| Hoffman Estates | 51,186 | $109,683 | $340,400 | Compare |
| Mount Prospect | 55,648 | $103,911 | $377,000 | Compare |
| Berwyn | 55,888 | $75,235 | $286,000 | Compare |
| Downers Grove | 49,867 | $119,649 | $439,000 | Compare |
| Oak Lawn | 57,098 | $82,493 | $267,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oak Park
What is the population of Oak Park, IL?
The population of Oak Park, IL is 53,315 according to the latest Census data.
What is the median household income in Oak Park?
The median household income in Oak Park, IL is $108,026 per year.
What is the median home value in Oak Park?
The median home value in Oak Park, IL is $456,300.
What is the average rent in Oak Park?
The median monthly rent in Oak Park, IL is $1,456.
What is the unemployment rate in Oak Park?
The unemployment rate in Oak Park, IL is 5.5%.