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ZipNumbers

Illinois · Census place 54885

Oak Park village, IL

Quick answer

Oak Park village has 53,315 residents, ranking #27 of 1462 places in Illinois. Median household income is $108,026, the median home is worth $456,300 and median gross rent runs $1,456 a month.

Population
53,315Oak Park village residents
Median household income
$108,026Past 12 months, inflation adjusted
Median home value
$456,300Owner-occupied units
Median gross rent
$1,456Rent plus utilities, monthly
Median age
40.6 yrsAll residents
Homeownership rate
60.7%Owner-occupied households

What the numbers mean in Oak Park village

Housing cost measured against local earnings.

A household earning the Oak Park village median would spend about 16.2% 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 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 60.7% 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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