Oak Forest
Oak Forest city, Illinois
As your trusted local real estate advisor, let me paint you a picture of Oak Forest, a Chicago suburb that truly offers a sweet spot of affordability and lifestyle. With a population of just over 27,000, Oak Forest has a warm, community-focused vibe, where neighbors know each other and the pace of life feels refreshingly relaxed compared to the city. The real draw here is the exceptional value: median home values sit comfortably at $232,400, significantly below the national average. This affordability, combined with a median household income of $89,758, means your dollar stretches further, allowing for a comfortable lifestyle without sacrificing quality of life.
From an investment perspective, Oak Forest presents a compelling opportunity. The housing market is stable, and the demand is consistently strong, thanks to the area's excellent schools and safe streets. While I don't have unemployment data readily available, the robust median income suggests a healthy local economy. Oak Forest is ideal for families seeking a safe, friendly environment or for first-time homebuyers looking to get their foot on the property ladder without breaking the bank. It's a place where you can build a life, a community, and a solid financial future, all while enjoying the perks of suburban living with easy access to the vibrant city of Chicago.
Oak Forest, Illinois at a Glance
Oak Forest is a city in Oak Forest city, Illinois with a population of approximately 27,199. The median home value is $232,400 and the median household income is $89,758. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$232,400
Median Income
$89,758
Population
27,199
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 27,199
- Median Age
- N/A
- Median Household Income
- $89,758
20% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 3.8%
69% below nat'l avg
- Median Home Value
- $232,400
18% below nat'l avg
- Median Rent
- $1,354
16% above nat'l avg
- Homeownership Rate
- 90.0%
37% above nat'l avg
- Affordability Index
- 218
118% above nat'l avg
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Total Schools
- 2
- Elementary
- 1
- Middle
- 0
- High School
- 1
- Avg. Enrollment
- 449
- Student-Teacher Ratio
- 15.2:1
- Free/Reduced Lunch
- 23.1%
- Title I Schools
- 0%
Student Demographics
Nearby Schools
- Unemployment Rate
- 4.9%
32% above nat'l avg
- Poverty Rate
- 3.8%
69% below nat'l avg
Weather & Climate in Oak Forest
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Oak Forest
Oak Forest Fleadh
An annual Irish festival with music, food, and cultural events.
Oak Forest Community Festival
A family-friendly festival with rides, games, and entertainment.
Oak Forest Farmers Market
A weekly market offering fresh produce and local goods.
Christmas in the Park
An annual holiday event featuring lights, music, and activities.
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