HomeIllinoisCook CountyOak Park village
Oak Park village, Illinois: commercial real estate data.
Oak Park village is a Census village of 53,292 people across 4.70 square miles of land, in Cook County. Median household income is $110,820, 60.0 percent of occupied homes are owned, and the SBA record carries 65 7(a) approvals to borrowers here worth $24.5 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Oak Park
What Oak Park is
- Census place typevillage
- Land area4.7 sq mi
- Water area0 sq mi
- Population per square mile of land11,339
- County holding the largest share of its areaCook County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oak Park
How many people live in Oak Park
- Population53,292
- Median age40.3
- Population under 1812,722
- Share under 1823.9 percent
- Population 65 and over9,454
- Share 65 and over17.7 percent
- Households23,387
- Family households12,955
- Share of households that are families55.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oak Park
Income and work in Oak Park
- Median household income$110,820
- Per capita income$71,362
- Civilian labor force29,476
- Employed27,830
- Unemployed1,646 plus or minus 352
- Unemployment rate5.6 percent plus or minus 1.2
- Adults 25 and over37,400
- Adults 25 and over with a high school diploma or higher97.6 percent
- Adults 25 and over with a bachelor degree or higher72.5 percent
- Adults 25 and over with a graduate degree38.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oak Park
Housing in Oak Park
- Housing units24,872
- Occupied units23,387
- Vacant units1,485 plus or minus 368
- Vacancy rate6.0 percent plus or minus 1.5
- Owner occupied14,037
- Renter occupied9,350
- Ownership rate60.0 percent
- Median owner-occupied home value$465,500
- Median gross rent, monthly$1,593
- Annual rent as a share of median income17.2 percent
- Single family units10,673
- Share single family42.9 percent
- Units in buildings of two or more14,199
- Share in buildings of two or more57.1 percent
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oak Park
How Oak Park gets to work
- Workers 16 and over who commute18,852
- Commuting under 15 minutes3,212
- Share commuting under 15 minutes17.0 percent
- Commuting 30 minutes or more11,202
- Share commuting 30 minutes or more59.4 percent
- Drove alone45.0 percent
- Carpooled4.3 percent plus or minus 1.3
- Public transport13.1 percent
- Walked4.3 percent plus or minus 1.2
- Worked from home31.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oak Park
SBA loans in Oak Park (7(a))
- Approvals65
- Gross approval$24,492,800
- Average approval$376,812
- Median approval$150,000
- Ninetieth percentile approval$942,800
- Largest approval$3,084,600
- Jobs supported598
- Jobs per approval9.2
- Loans with a final outcome6
- Paid in full4
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more13.8 percent
- Share to franchises10.8 percent
- Distinct lenders30
- Distinct industries by NAICS44
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Oak Park
SBA loans in Oak Park (504)
- Approvals26
- Gross approval$13,287,000
- Average approval$511,038
- Median approval$399,000
- Largest approval$2,139,000
- Jobs supported231
- Loans with a final outcome10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cook County, not Oak Park
Cook County context, not Oak Park figures
These are Cook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Oak Park measurements.
- Establishments in Cook County134,513
- Employment at those establishments, Cook County2,492,328
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Average weekly wage, Cook County$1,672
- Housing units permitted, Cook County6,507
- Of those, single family, Cook County1,142
- County product, 2024, Cook County$546,440,623,000
- County product change over the prior year, Cook County4.6 percent
- Average income of an arriving household, Cook County$91,691
Every figure in this section is published for Cook County as a whole and is not a measurement of Oak Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Oak Park questions, answered from the record.
How many people live in Oak Park, Illinois?
53,292, in 23,387 households. Oak Park village covers 4.70 square miles of land, which is 11,339 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Oak Park in?
Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Oak Park?
$110,820. The median owner-occupied home is valued at $465,500. Median gross rent is $1,593 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Oak Park businesses?
65 7(a) approvals totalling $24.5 m, across 30 lenders, median approval $150,000, plus 26 504 approvals worth $13.3 m. These count approvals to borrowers whose address is in Oak Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Oak Park borrowers get paid back?
No rate is published for Oak Park. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Oak Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Oak Park.
Is zoning published for Oak Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.