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. Much of the housing stock in Oak Park was built prior to World War II, 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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.98% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
One thing noticeable about Oak Park, although not a huge village, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Oak Park is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Oak Park a pretty good place for young, educated career starters looking to find many people like themselves, with good 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, however, is that residents on average have to contend with a long commute, spending on average 33.75 minutes every day commuting to work. It is, however, a pedestrian-friendly village. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Although the majority of commuting trips in the village are by private automobile, Oak Park is somewhat unusual for a village of its size for having a substantial number of people who use public transportation. For a lot of people, the subway helps to get to and from their jobs every morning, which benefits everyone in the Oak Park area by reducing both traffic and air pollution.
Do you like to read, write and learn? If you move to Oak Park, you'll likely find that many of your neighbors like to as well. Oak Park is one of the more educated communities in America, with a full 67.05% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
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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