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Oak Park, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Oak Park, Illinois had a total population of 53,292, the 28th largest village in Illinois, with a median household income of $110,820, which is 33% higher than the state average. The poverty rate is 7.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Oak Park Quick Facts

Population 53,292
Median Household Income $110,820
Median Home Value $465,500
Poverty Rate 7.4%
Unemployment Rate 5.6%
Median Age 40.3 years
Homeownership Rate 60.0%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 72.5%
High School Graduation Rate 97.6%
Diversity Index 58/100
Population 53,292 28th of 1,445
Median Income $110,820 top 20%
Poverty Rate 7.4% 40% lower than national
Median Home Value $465,500 top 10%

How Oak Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population53,31553,292-0.0%
Median household income$108,026$110,820+2.6%
Median home value$456,300$465,500+2.0%

How Oak Park Compares

Economy & Housing

Household Income Distribution

Under $25K 10.3%
$25K-$50K 10.5%
$50K-$100K 25.8%
$100K+ 53.4%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
3.0%
$15K-$20K
2.2%
$20K-$25K
1.7%
$25K-$30K
2.0%
$30K-$35K
2.1%
$35K-$40K
1.8%
$40K-$45K
2.5%
$45K-$50K
2.1%
$50K-$60K
5.6%
$60K-$75K
7.2%
$75K-$100K
13.0%
$100K-$125K
8.6%
$125K-$150K
6.7%
$150K-$200K
11.1%
$200K+
27.0%

Employment

5.6% Unemployment Rate State: 5.8%|National: 5.2%
70.3% Labor Force Participation

Housing Overview

Owner 60.0%
Renter 40.0%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $1,593/mo 17.2% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Oak Park Rankings in Illinois

#28 Population of 1,445
#163 Median Income of 1,374
#32 Education of 1,444
#52 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Oak Park

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wheaton53,557$120,008$455,70064.5%5.6%
Tinley Park54,842$105,189$299,90037.0%5.0%
Hoffman Estates51,175$106,806$351,90048.5%7.1%
Downers Grove50,054$115,114$449,80058.2%5.5%
Mount Prospect55,472$101,720$397,40048.5%6.6%

Population Overview

Oak Park is a mid-sized community located in Illinois, within Cook County. The total population is 53,292. It ranks as the 28th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Oak Park is 40.3 years. This is 3% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Oak Park is $110,820. This is 33% higher than the state median of $83,390. It is also 37% higher than the national median of $80,734. The poverty rate stands at 7.4%. This is 37% lower than the state poverty rate of 11.8%. The unemployment rate is 5.6%. This is 4% lower than the state rate of 5.8%. The median home value is $465,500. Housing costs are 77% higher than the state median of $263,300. The home-value-to-income ratio is 4.2x. 60.0% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Oak Park is White (non-Hispanic), making up 61.5% of the population. Black or African American residents account for 17.8%. The Hispanic or Latino population (9.3%) is well below the state average of 18.8%.

Education

72.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Oak Park in the top 10% of all cities in the state for educational attainment. This is 92% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.6%. Notably, 38.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Oak Park, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Oak Park, Illinois?

Oak Park, Illinois has a population of 53,292 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oak Park, IL?

The median household income in Oak Park is $110,820, which is 37% higher than the national median of $80,734.

What is the poverty rate in Oak Park, IL?

The poverty rate in Oak Park is 7.4%. This means approximately 3,938 residents live below the federal poverty line.

What is the racial makeup of Oak Park, Illinois?

Oak Park's population is 61.5% White, 17.8% Black, 9.3% Hispanic/Latino, and 5.1% Asian.

What is the median home value in Oak Park, IL?

The median home value in Oak Park is $465,500. The home-value-to-income ratio is 4.2x.

How educated is Oak Park, Illinois?

72.5% of adults (25+) in Oak Park hold a bachelor's degree or higher, and 38.7% hold a graduate or professional degree.