Oak Park 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 and 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 or 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 1/1/09): $484,748

All data from 2006 unless otherwise noted; data based on information from Claritas 2005, The Oak Park Area Association of Realtors, US Census County Business Patterns, Metro Chicago Information Center, Federal Financial Institutions Examination Council, Village of Oak Park and Department of Employment Services.