Oak Park village
Illinois
Oak Park, Illinois, is a village that effortlessly blends the charm of a close-knit community with the vibrancy of urban living, all while maintaining a remarkable level of affordability compared to other desirable Chicago-area suburbs. With a population just shy of 54,000, Oak Park boasts a median home value of $440,500, which is significantly more approachable than many of its neighbors, making it an attractive option for families and individuals seeking a high quality of life without breaking the bank. The village's tree-lined streets and historic architecture create a picturesque backdrop for daily life, and the strong sense of community fosters a welcoming atmosphere. The median household income of over $103,000 indicates a comfortable standard of living, supported by a diverse range of local businesses and easy access to the employment opportunities in the city.
From an investment perspective, Oak Park presents a compelling case. The housing market is robust, driven by the village's reputation as a safe, family-friendly environment. Oak Park is renowned for its excellent schools and abundance of parks and recreational facilities, which only enhances its appeal to families. This creates a stable demand for housing, making real estate investments here quite secure. For those seeking a vibrant lifestyle with a focus on community, excellent schools, and proximity to Chicago, Oak Park is an ideal choice, offering a balanced blend of suburban tranquility and urban accessibility.
Oak Park village, Illinois at a Glance
Oak Park village is a city in Illinois with a population of approximately 53,834. The median home value is $440,500 and the median household income is $103,264. 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
$440,500
Median Income
$103,264
Population
53,834
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 53,834
- Median Age
- N/A
- Median Household Income
- $103,264
38% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 6.9%
44% below nat'l avg
- Median Home Value
- $440,500
56% above 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
- 4.9%
32% above nat'l avg
- Poverty Rate
- 6.9%
44% below nat'l avg
Weather & Climate in Oak Park village
Avg High
62°F
Avg Low
45°F
Annual Rainfall
"
Avg Humidity
NaN%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Oak Park village
Oak Park Micro Brew Review
A beer tasting festival featuring local and regional breweries.
Oak Park Farmers' Market
A weekly market offering fresh produce, baked goods, and artisan products.
Wednesday Night Concerts in the Park
Free outdoor concerts held weekly during the summer months.
Oak Park Art Fair
An annual art fair showcasing the work of local and regional artists.
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