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ZipNumbers

Michigan · Census place 59920

Oak Park city, MI

Quick answer

Oak Park city has 29,370 residents, ranking #38 of 745 places in Michigan. Median household income is $65,882, the median home is worth $198,500 and median gross rent runs $1,354 a month.

Population
29,370Oak Park city residents
Median household income
$65,882Past 12 months, inflation adjusted
Median home value
$198,500Owner-occupied units
Median gross rent
$1,354Rent plus utilities, monthly
Median age
37.9 yrsAll residents
Homeownership rate
59.3%Owner-occupied households

What the numbers mean in Oak Park city

Housing cost measured against local earnings.

A household earning the Oak Park city median would spend about 24.7% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.2% of residents and 59.3% 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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