Oak Park, IL
REAL ESTATE & DEMOGRAPHIC DATA






Oak Park profile


Living in Oak Park


Oak Park is a larger medium-sized village located in the state of Illinois. With a population of 52,381 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 92.70% 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 (15.80%), teaching (12.05%), and business and financial occupations (9.61%).

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.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.62% 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.

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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

In Oak Park, however, the average commute to work is quite long. On average, people spend 36.26 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the village is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.

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.

If knowledge is power, Oak Park is a pretty powerful place. 70.04% 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 2018 was $56,264, which is wealthy relative to Illinois and the nation. This equates to an annual income of $225,056 for a family of four.

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, Polish, and Italian.

The most common language spoken in Oak Park is English. Other important languages spoken here include Spanish and German/Yiddish.