Oak Park, Illinois Population

Oak Park, Illinois has a population of 54,124, with a median household income of $98,450.

Current population data for Oak Park.

54,124

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Population

54,124

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Median Income

$98,450

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Unemployment

4.50%

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Housing Price

$415,200

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Crime Rate

31.80

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Internet Speed

1000.00 Mbps

Oak Park is a smaller urban community located in Illinois. The city has a population that is above the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Illinois, Oak Park provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Oak Park has a population of 54,124, which is higher than the state average. This indicates a relatively larger urban presence within Illinois.

Income and Economy

The median household income in Oak Park is $98,450, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Oak Park average around $415,200, which is relatively high compared to other cities in Illinois.

Employment and Safety

The unemployment rate in Oak Park is 4.50%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Oak Park are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Illinois, Oak Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Oak Park offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.

Frequently Asked Questions about Oak Park

What is the population of Oak Park?

The population of Oak Park is approximately 54,124.

Is Oak Park a good place to live?

Oak Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Oak Park?

The median household income in Oak Park is around $98,450.

How expensive is housing in Oak Park?

The average housing price in Oak Park is approximately $415,200.