Most Expensive Oak Park Neighborhoods
|1||N Oak Park Ave / Division St|
|2||North Ave / N Harlem Ave|
|3||N Harlem Ave / Division St|
|4||West Suburban College of Nursing / N Ridgeland Ave|
|5||S Oak Park Ave / Adams St|
|6||S Ridgeland Ave / Adams St|
|7||Fillmore St / S Oak Park Ave|
|9||N Ridgeland Ave / North Ave|
|10||S Ridgeland Ave / Fillmore St|
Oak Park is a larger medium-sized village located in the state of Illinois. With a population of 52,008 people and 14 constituent neighborhoods, Oak Park is the 29th largest community in Illinois. Oak Park has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
Oak Park home prices are not only among the most expensive in Illinois, but Oak Park real estate also consistently ranks among the most expensive in America.
Oak Park is a decidedly white-collar village, with fully 93.50% of the workforce employed in white-collar jobs, well above the national average. Overall, Oak Park is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Oak Park who work in management occupations (14.34%), teaching (12.85%) and office and administrative support (11.89%).
Of important note, Oak Park is also a village of artists. Oak Park has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Oak Park’s character.
Also of interest is that Oak Park has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Oak Park telecommute to their jobs. Overall, about 7.98% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another interesting thing about Oak Park, despite not being a huge village, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
In addition to being popular with young singles, Oak Park is also home to many people who can be described as "urban sophisticates". While both of these categories describe educated professionals, urban sophisticates are quite a different demographic. Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
One downside of living in Oak Park is that it can take a long time to commute to work. In Oak Park, the average commute to work is 33.75 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly village. Many of Oak Park’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
For the size of the village, public transportation in Oak Park is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For Oak Park, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Oak Park is a pretty powerful place. 67.05% of the adults in Oak Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Oak Park in 2010 was $47,573, which is wealthy relative to Illinois and the nation. This equates to an annual income of $190,292 for a family of four. However, Oak Park contains both very wealthy and poor people as well.
Oak Park is an extremely ethnically-diverse village. The people who call Oak Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oak Park residents report their race to be White, followed by Black or African-American. Important ancestries of people in Oak Park include German, Irish, English, Italian, Polish and Swedish.
The most common language spoken in Oak Park is English. Some people also speak Spanish.
|OAK PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||21,658|
|OAK PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||59.12%|
|% RENTER OCCUPIED||40.88%|
|TYPE OF OAK PARK HOMES|
|SINGLE FAMILY DETACHED||40.77%|
|ROWHOUSES AND ATTACHED HOMES||3.10%|
|SMALL APARTMENT BUILDINGS||12.49%|
|COMPLEXES OR HIGH RISE APARTMENTS||43.34%|
|SIZE OF OAK PARK HOMES|
|5 OR MORE BEDROOMS||5.54%|
|AGE OF OAK PARK HOMES|
|NEWER HOMES (2000 OR LATER)||3.58%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||10.89%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||19.91%|
|HISTORIC (1939 OR BEFORE)||65.62%|
|OAK PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$356,707|
|MEDIAN RENTAL PRICE||$1,476|
|HOME VALUE RANGE|
|$0 - $50,000||1.69%|
|$50,001 - $99,000||4.76%|
|$99,001 - $199,000||15.56%|
|$199,001 - $298,000||16.22%|
|$298,001 - $398,000||21.65%|
|$398,001 - $497,000||14.34%|
|$497,001 - $746,000||18.34%|
|$746,001 - $994,000||5.18%|
|PEOPLE OF OAK PARK||DETAILS|
|UNDER 5 YEARS||6.30%|
|5 TO 17||18.18%|
|18 TO 24||5.88%|
|25 TO 34||14.05%|
|35 TO 54||30.75%|
|55 TO 64||13.34%|
|65 YEARS AND OVER||11.49%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.36%|
|MEDIAN HOUSEHOLD INCOME||$78,895|
|PER CAPITA INCOME||$47,573|
|INDIVIDUALS BELOW POVERTY LEVEL||8.83%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (17.01%)
Information Technology (4.02%)
Public Service (3.67%)
|BLACK OR AFRICAN AMERICAN||21.02%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.07%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.75%|
|TWO OR MORE RACES||3.91%|
|HISPANIC OR LATINO (OF ANY RACE)||7.21%|
|ETHNICITIES PRESENT||German (18.30%)
|LANGUAGES SPOKEN||English (86.14%)
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