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Real Estate Prices & Overview

Oak Park North median real estate price is $1,648,127, which is more expensive than 90.3% of the neighborhoods in California and 98.1% of the neighborhoods in the U.S.

The average rental price in Oak Park North is currently $4,296, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.2% of the neighborhoods in California.

Oak Park North is a suburban neighborhood (based on population density) located in Oak Park, California.

Oak Park North real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Oak Park North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Oak Park North, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 81.1% of all neighborhoods in the U.S. This means that the housing supply in Oak Park North is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Oak Park North stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 93.8% of the residential real estate here was built in this one time period.

In addition, one way that the Oak Park North neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

If you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Oak Park North may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.8% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.

Diversity

Did you know that the Oak Park North neighborhood has more Iranian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Iranian ancestry and 2.4% have Austrian ancestry.

Oak Park North is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Oak Park North neighborhood in Oak Park are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.8% of the neighborhoods in America. In addition, 4.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 66.5% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Oak Park North neighborhood, 65.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 16.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.9%), and 5.3% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Oak Park North neighborhood is English, spoken by 70.8% of households. Other important languages spoken here include Langs. of India, Chinese, Spanish and Korean.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Oak Park North neighborhood in Oak Park, CA, residents most commonly identify their ethnicity or ancestry as Asian (22.8%). There are also a number of people of English ancestry (11.3%), and residents who report German roots (7.9%), and some of the residents are also of Irish ancestry (6.4%), along with some Italian ancestry residents (6.1%), among others. In addition, 27.8% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Oak Park North neighborhood spend between 15 and 30 minutes commuting one-way to work (28.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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