Living in Oak Forest, Illinois
Cost of living, income, home prices, rent and demographics of Oak Forest · Census data 2020–2024
Oak Forest has 26,805 residents with a median age of 40.5. The median household income is $91,990 (10% higher than the Illinois median), the median home value is $255,100, the median rent is $1,328/month.
Oak Forest at a glance
- Population
- 26,805
- Median age
- 40.5State: 39
- Median household income
- $91,990State: $83,390
- Median home value
- $255,100State: $263,300
- Median rent
- $1,328/moState: $1,274
- Homeowners
- 82.4%
- Bachelor's degree or higher
- 31.2%
- Average commute
- 32 min
Is Oak Forest a good place to live?
Pros: Median household income 10% higher than the Illinois median; home values 3% lower than the state median; unemployment of 5.4%; a poverty rate of 6.5%.
Cons: An average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Oak Forest
Housing is the biggest part of the cost of living. In Oak Forest the median home value is $255,100, 23% lower than the U.S. median. Renters pay a median of $1,328 per month, which is 25.7% of household income. Homeowners with a mortgage pay $1,899 a month in housing costs.
Oak Forest median household income
The median household income in Oak Forest is $91,990 and the income per person is $43,191. 6.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Oak Forest: homes for sale and rent
- Housing units
- 10,659
- Owner-occupied
- 82.4%
- Renter-occupied
- 17.6%
- Vacant
- 2.9%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.58
Oak Forest demographics
- Population
- 26,805
- Median age
- 40.5
- Under 18
- 21.2%
- 65 and older
- 16.8%
- Households
- 10,355
- Foreign-born
- 11.8%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Oak Forest ›
Education in Oak Forest
31.2% of adults 25 and older in Oak Forest have a bachelor's degree or higher (Illinois: 37.8%), and 10.1% have a graduate or professional degree.
Jobs and commute in Oak Forest
- Unemployment rate
- 5.4%State: 5.8%
- Average commute
- 32 minState: 28 min
- Work from home
- 10.5%
- Drive alone
- 76.8%
- Public transit
- 5.6%
- Walk to work
- 1.1%
- Homes with broadband
- 94.1%
Oak Forest vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oak Forest | 26,805 | $91,990 | $255,100 | $1,328 |
| Midlothian | 13,948 | $70,000 | $207,000 | $1,249 |
| Crestwood | 10,579 | $75,752 | $195,200 | $1,334 |
| Markham | 11,355 | $57,302 | $135,300 | $1,621 |
| Country Club Hills | 16,324 | $75,197 | $192,000 | $1,709 |
| Robbins | 4,556 | $40,668 | $121,300 | $1,553 |
| Tinley Park | 54,842 | $105,189 | $299,900 | $1,495 |
| Posen | 5,292 | $73,051 | $172,900 | $1,372 |
| Hazel Crest | 13,792 | $68,393 | $185,300 | $1,320 |
More for people moving to Oak Forest
Oak Forest ZIP code ›Weather and climate ›Living in Oak Forest: FAQ
What is the median household income in Oak Forest, IL?
The median household income in Oak Forest is $91,990, 10% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oak Forest?
The median home value in Oak Forest is $255,100, compared with $263,300 in Illinois.
How much is rent in Oak Forest?
The median gross rent in Oak Forest is $1,328 per month, about 25.7% of household income.
Is Oak Forest, IL a good place to live?
Pluses: median household income 10% higher than the Illinois median; home values 3% lower than the state median; unemployment of 5.4%; a poverty rate of 6.5%. Minuses: an average commute of 32 minutes.
What is the median age in Oak Forest?
The median age in Oak Forest is 40.5 years (Illinois: 39).
How long is the commute in Oak Forest?
The average commute to work in Oak Forest is 32 minutes; 10.5% of workers work from home.
What is the unemployment rate in Oak Forest?
The unemployment rate in Oak Forest is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oak Forest?
31.2% of adults in Oak Forest have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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