Is Oak Park, Illinois a Good Place To Live? - Living In Oak Park, IL
Is Oak Park, Illinois a good place to live?
Oak Park is a city in Illinois state in USA with a population of 52102 residents..
The poverty rate of Oak Park is 7%, which is 50% lower than national average.
The typical household in Oak Park earns $96945 a year, compared to the national median of $67,500.
Nearly 25.1% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Oak Park, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oak Park remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oak Park, only 70% of adults have a bachelor's degree and 17% have some college but no degree.
Cost of living in Oak Park is 129, which is 29% higher than national average. Median home value in Oak Park is $403200 , which is 75% higher than national average. While median income in Oak Park remained $96945, which is 44% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Oak Park, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oak Park remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oak Park, only 70% of adults have a bachelor's degree and 17% have some college but no degree.
Cost of living in Oak Park is 129, which is 29% higher than national average. Median home value in Oak Park is $403200 , which is 75% higher than national average. While median income in Oak Park remained $96945, which is 44% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
52102
Unemployment
5%
Poverty
7%
Overall Score
9
Median Home Cost
$403200
75%
NAT AVG.
Median Income
$96945
44%
NAT AVG.
Median Rent
$1213
5%
NAT AVG.
Cost Of Living
129
29%
NAT AVG.
People Living BPL
1 in 14
Unemployed People
1 in 20
People Earning < $10,000
1 in 17
People Earning < $50,000
25.1%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.3
Pros & Cons Overview
Jobs80%
Housing90%
Affordability80%
Safety80%
Amenities100%
Diversity90%
Education90%
Commute30%
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