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Community Information
With its world-renowned architecture, excellent schools and growing residential market, Oak Park is more than just a great place to live. It’s also a great place to locate of expand a business.
A compact community of more than 50,000 residents in less than five square miles, Oak Park is a perfect market for restaurants and retailers alike. Frank Lloyd Wright and Ernest Hemingway historic sites attract over 190,000 visitors each year.
Oak Park’s location, easy access to transportation, and a vital community also make us a thriving office center for professional and service businesses.
Key Facts:
- Population: 50,577
- Median household income: $69,263
- Per capita income: $43,959
- Number of employees, private sector: 17,544
- Number of businesses with 1-19 employees (2004): 1,429
- Number of businesses with 20 ore more employees (2004): 159
- Transit information: 9 CTA elevated train stops, 5 CTA bus lines, 1 Metra stop, 12 Pace Bus lines
- Estimated retail sales in millions: $547
- Average sales price of single family home (YTD as of 1/1/07): $517,999
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