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Oak Park Illinois Real Estate By Jennifer Hershey

Oak Park Illinois Real Estate

Oak Park, Illinois, is located in Cook County, of , and 6 miles W of Chicago, Illinois. Oak Park has a population of 52,524.

Oak Park Homes

Oak Park properties pool is 23,079 residential properties including Oak Park new homes. Median age of real estate in Oak Park is 1939. Average Household size is 3.06 people. 7% are one bedroom homes, 23% are 2 bedroom homes, 37% are 3 bedroom homes, 25% are 4 bedroom homes, and 8% are 5+ bedroom homes.

Oak Park Mortgage Statistics

Oak Park mortgages vs. USA median statistics

Homes Oak Park USA
Homes With No Mortgage 18%
30%
Homes With Mortgage 82%
70%
First Mortgage Only 58%
54%
First & Second Mortgage or HELOC 24%
16%

Oak Park Area Real Estate Tax

Oak Park Real estate Tax: Median Real Estate Taxes (2000) were $4,406 comparing to 1999 Median Family income $ 81,703. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Oak Park School District: Children make up 24.2% of Oak Park population. Oak Park has 12,721 under 18 years old residents, or 0.43 kids per one worker, or 0.55 kids per one household.

Oak Park Real Estate & Oak Park Homeownership

There are 8539.23 or 37% one person households, 6923.7 or 30% two person households, and 3231.06 or 14% three person households in Oak Park, Illinois. Median residents age is 36, Senior citizens (65+) make up 5,007 or 9.5%% of Oak Park population.

There are 29,484 workers (over 16 years of age) in Oak Park. Of these, 68.4% drive to work. Approximately 21.76% of workers in Oak Park take public transportation. An estimated 4.01% walk to work.

Median Oak Park homeowner's housing expences are 20.1%

Crime in Oak Park (2003), crimes per 10,000 residents per year

Type of Crime Oak Park USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Oak Park Properties

When making a decision about buying real estate in Oak Park Illinois area, you should consider following statistical data:

Category Oak Park USA
Near Medium City
-
Near Large City
Chicago, Illinois
-
Oak Park Zip Codes
60301, 60302, 60304
-
Oak Park Area Codes
708
-
White population
68.78%
75.1%
African-American population
22.44%
12.3%
Asian
4.15%
3.6%
American Indian & Alaskan
0.15%
0.9%
Hispanic (of any race)
4.52%
12.5%
Median Family Income (1999)
$ 81,703%
$42,000
Population Below Poverty Level
5.53%
12.4%

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See Also:

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