Oak Lawn, Illinois Income Statistics
Oak Lawn Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Oak Lawn Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Oak Lawn | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,202 | $84,042 | $80,455 |
| Median Personal Income | $64,402 | $64,565 | $60,758 |
| Average Yearly Income Growth | 5.0% | 4.5% | 4.8% |
| Six-Figure Earners | 13.3% | 15.0% | 13.9% |
| $200k+ Households | 11.6% | 13.8% | 13.2% |
The median household income in Oak Lawn is about 1% higher than in Illinois. Income has been growing faster in Oak Lawn (5.0%/yr) than in Illinois (4.5%/yr).
About 13% of adults in Oak Lawn earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Oak Lawn, Illinois grew by 48.4% from 2009 to 2024, reaching $85,202 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Oak Lawn
| Metric | Oak Lawn | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.547 | 0.552 |
| Male Median Income | $74,007 | $73,933 | $69,667 |
| Female Median Income | $59,630 | $60,067 | $56,850 |
| Gender Pay Gap | 19.4% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Oak Lawn, it is 0.536, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 24% more than women's income in Oak Lawn, Illinois. Over a 35-year career, a 24% wage gap accumulates to roughly $503,195 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Oak Lawn, Illinois has narrowed from about 24% to 19% in 2024. Over that period the gap was widest at 30% in 2011, and was narrowest at 15% in 2019. In dollar terms, the gap has widened by $1,150 since 2009.
Employment
| Metric | Oak Lawn | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.3% | 5.8% | 5.2% |
| Working from Home | 10.5% | 15.9% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 1,562 people are unemployed in Oak Lawn, Illinois.
The average commute time in Oak Lawn is 30 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oak Lawn, Illinois has fallen from 9.6% to 5.3% in 2024. Over that period the rate peaked at 11.7% in 2014 and fell as low as 5.0% in 2023.
Oak Lawn, IL Wealth Compared With Nearby Cities
How Oak Lawn, IL compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Oak Lawn, IL | 58,169 | $85,202 #1/2 | 5.0%/yr #1/2 | 5.3% #1/2 | 0.536 #1/2 |
| Burbank, IL | 23,423 | $81,287 | 4.4%/yr | 7.4% | 0.558 |
Conclusion
Considering all these factors, Oak Lawn, Illinois has an overall wealth index grade of B, making it about on par with Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Oak Lawn, Illinois.
How Wealthy Is Oak Lawn, Illinois?
Oak Lawn has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $85,202, about 1% higher than the Illinois average of $84,042.
How fast is household income rising in Oak Lawn, Illinois?
Between 2009 and 2024, the median household income in Oak Lawn, Illinois rose 48%, from $57,397 to $85,202. Over the same years, income here lagged behind Illinois as a whole: +48% against +52%.
What was the median household income in Oak Lawn in 2023?
In 2023, the median household income in Oak Lawn, Illinois was $83,334, up 10% from $75,952 in 2022. The Illinois median that year was $82,182.
What was the median household income in Oak Lawn in 2020?
In 2020, the median household income in Oak Lawn, Illinois was $69,191. By 2024 it had risen 23% to $85,202.
What is the Gini coefficient in Oak Lawn, Illinois?
The Gini coefficient in Oak Lawn is 0.536. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Oak Lawn, Illinois?
Since 2009, the income gap between men and women in Oak Lawn, Illinois has narrowed from about 24% to 19% in 2024. Over that period the gap was widest at 30% in 2011, and was narrowest at 15% in 2019. In dollar terms, the gap has widened by $1,150 since 2009.
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