Living in Oak Park, Michigan
Cost of living, income, home prices, rent and demographics of Oak Park · Census data 2020–2024
Oak Park has 29,318 residents with a median age of 38.1. The median household income is $71,510 (about the same as the Michigan median), the median home value is $212,300, the median rent is $1,396/month.
Oak Park at a glance
- Population
- 29,318
- Median age
- 38.1State: 40.2
- Median household income
- $71,510State: $72,875
- Median home value
- $212,300State: $231,600
- Median rent
- $1,396/moState: $1,129
- Homeowners
- 63.3%
- Bachelor's degree or higher
- 37.1%
- Average commute
- 23 min
Is Oak Park a good place to live?
Pros: Home values 8% lower than the state median; an average commute of 23 minutes; a poverty rate of 12%.
Cons: Median household income about the same as the Michigan median; unemployment of 10.8%.
The weather is best in June to September.
Cost of living in Oak Park
Housing is the biggest part of the cost of living. In Oak Park the median home value is $212,300, 36% lower than the U.S. median. Renters pay a median of $1,396 per month, which is 29.6% of household income. Homeowners with a mortgage pay $1,405 a month in housing costs.
Oak Park median household income
The median household income in Oak Park is $71,510 and the income per person is $38,652. 12% of residents live below the poverty line (Michigan: 13.2%).
Housing in Oak Park: homes for sale and rent
- Housing units
- 13,091
- Owner-occupied
- 63.3%
- Renter-occupied
- 36.7%
- Vacant
- 4.9%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.35
Oak Park demographics
- Population
- 29,318
- Median age
- 38.1
- Under 18
- 19.4%
- 65 and older
- 17.4%
- Households
- 12,452
- Foreign-born
- 8.3%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Oak Park ›
Education in Oak Park
37.1% of adults 25 and older in Oak Park have a bachelor's degree or higher (Michigan: 32.4%), and 13.5% have a graduate or professional degree.
Jobs and commute in Oak Park
- Unemployment rate
- 10.8%State: 5.7%
- Average commute
- 23 minState: 24 min
- Work from home
- 23.2%
- Drive alone
- 66.9%
- Public transit
- 0.3%
- Walk to work
- 1.4%
- Homes with broadband
- 92.5%
Oak Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oak Park | 29,318 | $71,510 | $212,300 | $1,396 |
| Huntington Woods | 6,328 | $190,150 | $473,900 | $2,493 |
| Pleasant Ridge | 2,602 | $171,125 | $448,700 | $1,720 |
| Berkley | 15,149 | $116,239 | $316,700 | $1,526 |
| Ferndale | 19,190 | $94,640 | $247,700 | $1,311 |
| Lathrup Village | 4,059 | $109,893 | $310,600 | $1,483 |
| Royal Oak | 57,950 | $101,109 | $328,700 | $1,381 |
| Southfield | 76,236 | $68,166 | $236,200 | $1,340 |
| Hazel Park | 14,963 | $67,073 | $158,600 | $1,314 |
More for people moving to Oak Park
Oak Park ZIP code ›Weather and climate ›Living in Oak Park: FAQ
What is the median household income in Oak Park, MI?
The median household income in Oak Park is $71,510, about the same as the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oak Park?
The median home value in Oak Park is $212,300, compared with $231,600 in Michigan.
How much is rent in Oak Park?
The median gross rent in Oak Park is $1,396 per month, about 29.6% of household income.
Is Oak Park, MI a good place to live?
Pluses: home values 8% lower than the state median; an average commute of 23 minutes; a poverty rate of 12%. Minuses: median household income about the same as the Michigan median; unemployment of 10.8%.
What is the median age in Oak Park?
The median age in Oak Park is 38.1 years (Michigan: 40.2).
How long is the commute in Oak Park?
The average commute to work in Oak Park is 23 minutes; 23.2% of workers work from home.
What is the unemployment rate in Oak Park?
The unemployment rate in Oak Park is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oak Park?
37.1% of adults in Oak Park 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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