Is Oak Park, Michigan a Good Place To Live? - Living In Oak Park, MI

Is Oak Park, Michigan a good place to live?
Oak Park is a city in Michigan state in USA with a population of 29446 residents.. The poverty rate of Oak Park is 13%, which is 7% lower than national average. The typical household in Oak Park earns $54202 a year, compared to the national median of $67,500. Nearly 46.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Oak Park, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oak Park remained 6.8%, which is 45% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oak Park, only 34% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Oak Park is 93, which is 7% lower than national average. Median home value in Oak Park is $129800 , which is 44% lower than national average. While median income in Oak Park remained $54202, which is 20% lower than national average.
Population
29446
Unemployment
6.8%
45% NAT AVG.
Poverty
13%
7% NAT AVG.
Overall Score
7
Median Home Cost
$129800
44% NAT AVG.
Median Income
$54202
20% NAT AVG.
Median Rent
$1123
3% NAT AVG.
Cost Of Living
93
7% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 15
People Earning < $10,000
1 in 20
People Earning < $50,000
46.5%
People with <= High School
1 in 3.6
People With Any Degree
1 in 2.3
Pros & Cons Overview

Jobs60%

Housing80%

Affordability70%

Safety60%

Amenities95%

Diversity90%

Education85%

Commute80%