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ZipNumbers

Illinois · Census place 54638

Oak Forest city, IL

Quick answer

Oak Forest city has 26,888 residents, ranking #79 of 1462 places in Illinois. Median household income is $87,941, the median home is worth $247,800 and median gross rent runs $1,287 a month.

Population
26,888Oak Forest city residents
Median household income
$87,941Past 12 months, inflation adjusted
Median home value
$247,800Owner-occupied units
Median gross rent
$1,287Rent plus utilities, monthly
Median age
40.3 yrsAll residents
Homeownership rate
79.6%Owner-occupied households

What the numbers mean in Oak Forest city

Housing cost measured against local earnings.

A household earning the Oak Forest city median would spend about 17.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.4% of residents and 79.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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