Oak Park village, Illinois Demographics & Population 2026
As of 2026, Oak Park village, Illinois has a total population of 53,315, the 27th largest city in Illinois, with a median household income of $108,026, which is 32% higher than the state average. The poverty rate is 6.7%.
Key Takeaways
- Household income is 32% above the state average — one of the wealthiest communities in Illinois.
- 72.5% of adults hold a bachelor's degree or higher — top 10% in Illinois.
Oak Park village Quick Facts
How Oak Park village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Oak Park village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Oak Park village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hoffman Estates village | 51,186 | $109,683 | $340,400 | 46.9% | 5.3% |
| Tinley Park village | 55,007 | $103,819 | $289,000 | 38.4% | 5.2% |
| Wheaton city | 53,453 | $119,566 | $447,700 | 64.1% | 5.9% |
| Mount Prospect village | 55,648 | $103,911 | $377,000 | 48.6% | 5.9% |
| Downers Grove village | 49,867 | $119,649 | $439,000 | 58.8% | 4.9% |
Population Overview
Oak Park village is a mid-sized community located in Illinois. The total population is 53,315. It ranks as the 27th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Oak Park village is 40.6 years. This is 4% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Oak Park village is $108,026. This is 32% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 38% higher. The poverty rate stands at 6.7%. This is 42% lower than the state poverty rate of 11.7%. The unemployment rate is 5.5%. This is 5% lower than the state rate of 5.8%. The median home value is $456,300. Housing costs are 82% higher than the state median of $250,500. The home-value-to-income ratio is 4.2x. 60.7% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 66.8%.
Race & Ethnicity
The largest racial or ethnic group in Oak Park village is White (non-Hispanic), making up 61.1% of the population. Black or African American residents account for 19.3%. The Hispanic or Latino population (8.5%) is well below the state average of 18.5%.
Education
72.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Oak Park village in the top 10% of all cities in the state for educational attainment. This is 95% higher than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.3%. Notably, 38.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Oak Park village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Oak Park village, Illinois?
Oak Park village, Illinois has a population of 53,315 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oak Park village, IL?
The median household income in Oak Park village is $108,026, which is 38% higher the national median of $78,538.
What is the poverty rate in Oak Park village, IL?
The poverty rate in Oak Park village is 6.7%. This means approximately 3,570 residents live below the federal poverty line.
What is the racial makeup of Oak Park village, Illinois?
Oak Park village's population is 61.1% White, 19.3% Black, 8.5% Hispanic/Latino, and 5.3% Asian.
What is the median home value in Oak Park village, IL?
The median home value in Oak Park village is $456,300. The home-value-to-income ratio is 4.2x.
How educated is Oak Park village, Illinois?
72.5% of adults (25+) in Oak Park village hold a bachelor's degree or higher, and 38.6% hold a graduate or professional degree.