Pros and Cons of Living In Oak Park, Illinois. Is Oak Park, IL a Nice Place To Live or Retire?

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Oak Park, Illinois

Moving to Oak Park In Illinois ? Is Oak Park, IL a Nice Place To Live? Pros and Cons of Living in Oak Park, Illinois. Find out the best and worst about to live, raise a family or retire in Oak Park.

DEMOGRAPHICS

Population
52102
Unemployment
5%
6% NAT AVG.
Poverty
7%
50% NAT AVG.
Cost Of Living
129
29% NAT AVG.

ECONOMICS

Median Home Cost
$403200
75% NAT AVG.
Median Income
$96945
44% NAT AVG.
Median Rent
$1213
5% NAT AVG.
Overall Score
9

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 14
Unemployed People
1 in 20
People Earning < $10,000
1 in 17
People Earning < $50,000
25.1%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Oak Park USA
White 61.4% 60.1%
African American 18.1% 12.2%
American Indian 0.1% 0.6%
Asian 4.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 5.3% 2.8%
Hispanic 9.5% 18.2%
Other 0.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Oak Park USA
Less than $10,000 5.8% 5.8%
$10,000 to $14,999 3.4% 4.1%
$15,000 to $24,999 5.2% 8.5%
$25,000 to $34,999 4.5% 8.6%
$35,000 to $49,999 6.2% 12.0%
$50,000 to $74,999 13.3% 17.2%
$75,000 to $99,999 12.5% 12.8%
$100,000 to $149,999 17.4% 15.6%
$150,000 to $199,999 10.8% 7.1%

EDUCATION

Education Oak Park USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 9% 27.0%
Other College 12% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 32% 20.0%
Master's Degree 25% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 5% 1.0%
Oak Park is a city in Illinois state in USA with a population of 52102 residents.. The poverty rate of Oak Park is 7%, which is 50% lower than national average. The typical household in Oak Park earns $96945 a year, compared to the national median of $67,500. Nearly 25.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Oak Park remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Oak Park is 129, which is 29% higher than national average. In Oak Park, only 70% of adults have a bachelor's degree and 17% have some college but no degree. Median home value in Oak Park is $403200 , which is 75% higher than national average. While median income in Oak Park remained $96945, which is 44% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Oak Park Scorecard

Jobs80%

Housing90%

Affordability80%

Safety80%

Amenities100%

Diversity90%

Education90%

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