Oak Lawn village
Illinois
Oak Lawn, Illinois, just southwest of Chicago, offers a compelling blend of suburban tranquility and urban accessibility. Picture tree-lined streets, friendly neighbors, and a strong sense of community, all while remaining within easy reach of the Windy City's vibrant culture and job market. With a population of over 57,000, Oak Lawn maintains a welcoming small-town feel. What truly sets Oak Lawn apart is its affordability. Median home values hover around $250,900, significantly below the national average, making it an attractive option for first-time homebuyers and those looking to stretch their housing budgets. The median household income of $77,221 is also notably higher than the national average, reflecting a stable and financially secure populace.
From an investment perspective, Oak Lawn presents a solid opportunity. The housing market is stable, with properties generally appreciating at a healthy pace. The village boasts a low crime rate, contributing to the desirability of the area. Oak Lawn’s proximity to Chicago and its network of public transportation makes it ideal for commuters. Whether you're a young professional seeking an affordable entry point into the Chicago area, a family looking for excellent schools and a safe environment, or an investor seeking a reliable return, Oak Lawn offers a compelling combination of value, lifestyle, and potential.
Oak Lawn village, Illinois at a Glance
Oak Lawn village is a city in Illinois with a population of approximately 57,665. The median home value is $250,900 and the median household income is $77,221. 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
$250,900
Median Income
$77,221
Population
57,665
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 57,665
- Median Age
- N/A
- Median Household Income
- $77,221
4% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 10.8%
13% below nat'l avg
- Median Home Value
- $250,900
11% 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
- 9.1¢/kWh
45% below nat'l avg
- Est. Monthly Electric
- $82
40% below nat'l avg
- Unemployment Rate
- 5.8%
57% above nat'l avg
- Poverty Rate
- 10.8%
13% below nat'l avg
Weather & Climate in Oak Lawn village
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 Lawn village
Oak Lawn Fall Fest
Annual festival featuring live music, food vendors, and family activities.
Oak Lawn Farmers Market
Weekly market offering fresh produce, baked goods, and local crafts.
Christmas in the Village
Annual holiday event with tree lighting, carols, and visits from Santa.
Oak Lawn Hometown Days
A multi-day festival with carnival rides, food, entertainment, and a parade.
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