Oak Park, Illinois Income Statistics
Oak Park 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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A+
Oak Park Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Oak Park | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $109,851 | $84,042 | $80,455 |
| Median Personal Income | $100,946 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.5% | 4.8% |
| Six-Figure Earners | 30.7% | 15.0% | 13.9% |
| $200k+ Households | 27.0% | 13.8% | 13.2% |
The median household income in Oak Park is about 31% higher than in Illinois. Income has been growing slower in Oak Park (3.4%/yr) than in Illinois (4.5%/yr).
About 31% of adults in Oak Park earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Oak Park, Illinois grew by 49.0% from 2009 to 2024, reaching $109,851 in 2024. That's an average of about 3.4% per year.
Oak Park has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 44% in 2009 to 37% in 2024, the closest it has been.
Income Distribution in Oak Park
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 12,488 households (53.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 14.4% of households in Oak Park had an income under $35,000 and 38.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Oak Park has a larger share of households earning $200,000 or more (27.0% vs 13.2%) and a smaller share earning $35,000 to $49,999 (6.4% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 777 | 3.3% | 5.1% |
| $10,000 to $14,999 | 714 | 3.1% | 3.5% |
| $15,000 to $24,999 | 915 | 3.9% | 6.4% |
| $25,000 to $34,999 | 963 | 4.1% | 6.7% |
| $35,000 to $49,999 | 1,501 | 6.4% | 10.1% |
| $50,000 to $74,999 | 3,001 | 12.8% | 15.5% |
| $75,000 to $99,999 | 3,028 | 12.9% | 12.6% |
| $100,000 to $149,999 | 3,579 | 15.3% | 17.4% |
| $150,000 to $199,999 | 2,586 | 11.1% | 9.5% |
| $200,000 or more | 6,323 | 27.0% | 13.2% |
Shares are of all 23,386 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 13,024 residents (30.7% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 33.4% of residents who have any income.
In 2024, 8.2% of Oak Park residents aged 15 and over reported no personal income, 21.0% had some income but less than $25,000, and 40.9% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Oak Park has a larger share of residents earning $100,000 or more (30.7% vs 13.9%) and a smaller share with no personal income (8.2% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,480 | 8.2% | 12.8% |
| $1 to $9,999 | 3,525 | 8.3% | 11.2% |
| $10,000 to $14,999 | 2,326 | 5.5% | 7.0% |
| $15,000 to $24,999 | 3,070 | 7.2% | 10.5% |
| $25,000 to $34,999 | 3,051 | 7.2% | 9.5% |
| $35,000 to $49,999 | 3,487 | 8.2% | 12.6% |
| $50,000 to $74,999 | 6,148 | 14.5% | 14.3% |
| $75,000 to $99,999 | 4,368 | 10.3% | 8.2% |
| $100,000 or more | 13,024 | 30.7% | 13.9% |
Shares are of the 42,478 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 8.2% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Oak Park
| Metric | Oak Park | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.490 | 0.547 | 0.552 |
| Male Median Income | $116,453 | $73,933 | $69,667 |
| Female Median Income | $91,301 | $60,067 | $56,850 |
| Gender Pay Gap | 21.6% | 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 Park, it is 0.490, 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 28% more than women's income in Oak Park, Illinois. Over a 35-year career, a 28% wage gap accumulates to roughly $880,320 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 Park, Illinois has narrowed from about 24% to 22% in 2024. Over that period the gap was widest at 26% in 2012, and was narrowest at 19% in 2018. In dollar terms, the gap has widened by $8,537 since 2009.
Employment
| Metric | Oak Park | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 5.8% | 5.2% |
| Working from Home | 31.0% | 15.9% | 15.0% |
| Commute time (minutes) | 32 | 23 | 22 |
Approximately 1,646 people are unemployed in Oak Park, Illinois.
The average commute time in Oak Park is 32 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oak Park, Illinois has fallen from 6.6% to 5.6% in 2024. Over that period the rate peaked at 8.1% in 2014 and fell as low as 4.9% in 2021.
Oak Park started 2.1 points below the U.S. unemployment rate in 2011 but had risen above it by 2023, and has not been below it since. In 2024 its rate was 0.4 points higher.
Oak Park, IL Wealth Compared With Nearby Cities
Oak Park, IL is typical in size for this group, 53,290 residents against a local median of 55,595, so the measures below are close to a like for like comparison. The measure that sets Oak Park, IL apart most is income growth: 3.4%/yr, 47% below the local median of 6.5%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $109,851 against a local median of $78,260, 40% above it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Oak Park, IL is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 3.1%/yr on income growth, so Oak Park, IL sits at one end of an already wide local range rather than apart from it. Oak Park, IL has the 4th highest income growth of the 4 areas compared here.
| 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 Park, IL | 53,290 | $109,851 #1/4 | 3.4%/yr #4/4 | 5.6% #2/4 | 0.490 #1/4 |
| Berwyn, IL | 55,595 | $78,260 | 3.5%/yr | 6.9% | 0.523 |
| Elmwood Park, IL | 23,868 | $90,261 | 6.6%/yr | 5.9% | 0.531 |
| Cicero, IL | 82,796 | $71,023 | 6.5%/yr | 4.9% | 0.561 |
Conclusion
Considering all these factors, Oak Park, Illinois has an overall wealth index grade of A+, making it notably better than Illinois, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Oak Park, Illinois.
How Wealthy Is Oak Park, Illinois?
Oak Park has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $109,851, about 31% higher than the Illinois average of $84,042.
How fast is household income rising in Oak Park, Illinois?
Between 2009 and 2024, the median household income in Oak Park, Illinois rose 49%, from $73,726 to $109,851. Over the same years, income here lagged behind Illinois as a whole: +49% against +52%.
What was the median household income in Oak Park in 2023?
In 2023, the median household income in Oak Park, Illinois was $109,438, up 5% from $104,335 in 2022. The Illinois median that year was $82,182.
What was the median household income in Oak Park in 2020?
In 2020, the median household income in Oak Park, Illinois was $98,134. By 2024 it had risen 12% to $109,851.
Is Oak Park, Illinois a high-income area?
Yes. 31% of adults in Oak Park, Illinois earn $100,000 or more a year (about 1 in 3), against 15% (about 1 in 7) in Illinois. 27% of households have a combined income of $200,000 or more, compared with 14% in Illinois.
What is the Gini coefficient in Oak Park, Illinois?
The Gini coefficient in Oak Park is 0.490. 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 Park, Illinois?
Since 2009, the income gap between men and women in Oak Park, Illinois has narrowed from about 24% to 22% in 2024. Over that period the gap was widest at 26% in 2012, and was narrowest at 19% in 2018. In dollar terms, the gap has widened by $8,537 since 2009.
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