HomeIllinoisCook CountyOak Park
Oak Park, Illinois: commercial real estate data.
Oak Park 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 since FY2020.
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$879,680
- 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
Counted by borrower city: approvals to borrowers whose address is in Oak Park, in any county, FY2020 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$369,000
- Largest approval$2,139,000
- Jobs supported231
- Loans with a final outcome10
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Oak Park, in any county, FY2010 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
- Establishments in Cook County134,513
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Housing units permitted, Cook County6,507
Every figure in this section is published for Cook County as a whole and is not a measurement of Oak Park.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $24.5 m since FY2020, across 30 lenders, median approval $150,000, plus 26 504 approvals worth $13.3 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Oak Park figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.