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
Compare with nearby places
Places of similar size in Illinois.
- Mount Prospect village 55,648
- Tinley Park village 55,007
- Wheaton city 53,453
- Normal town 52,908
- Hoffman Estates village 51,186
- Downers Grove village 49,867
- Glenview village 47,682
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More Illinois coverage.