HomeMichiganOakland CountyOak Park
Oak Park, Michigan: commercial real estate data.
Oak Park is a Census city of 29,318 people across 5.15 square miles of land, in Oakland County. Median household income is $71,510, 63.3 percent of occupied homes are owned, and the SBA record carries 51 7(a) approvals to borrowers here worth $21.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Oak Park
What Oak Park is
- Census place typecity
- Land area5.15 sq mi
- Water area0 sq mi
- Population per square mile of land5,696
- County holding the largest share of its areaOakland 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
- Population29,318
- Median age38.1
- Population under 185,684
- Share under 1819.4 percent
- Population 65 and over5,108
- Share 65 and over17.4 percent
- Households12,452
- Family households6,702
- Share of households that are families53.8 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$71,510
- Per capita income$38,652
- Civilian labor force16,495
- Employed14,708
- Unemployed1,787 plus or minus 437
- Unemployment rate10.8 percent plus or minus 2.6
- Adults 25 and over21,617
- Adults 25 and over with a high school diploma or higher94.3 percent
- Adults 25 and over with a bachelor degree or higher37.1 percent
- Adults 25 and over with a graduate degree13.5 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oak Park
Housing in Oak Park
- Housing units13,091
- Occupied units12,452
- Vacant units639 plus or minus 220
- Vacancy rate4.9 percent plus or minus 1.7
- Owner occupied7,881
- Renter occupied4,571
- Ownership rate63.3 percent
- Median owner-occupied home value$212,300
- Median gross rent, monthly$1,396
- Annual rent as a share of median income23.4 percent
- Single family units10,604
- Share single family81.0 percent
- Units in buildings of two or more2,487
- Share in buildings of two or more19.0 percent
- Mobile homes0
- Median year structure built1958
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 commute11,094
- Commuting under 15 minutes2,538
- Share commuting under 15 minutes22.9 percent
- Commuting 30 minutes or more3,658
- Share commuting 30 minutes or more33.0 percent
- Drove alone66.9 percent
- Carpooled6.4 percent plus or minus 2.1
- Public transport0.3 percent plus or minus 0.4
- Walked1.4 percent plus or minus 0.8
- Worked from home23.2 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))
- Approvals51
- Gross approval$21,368,400
- Average approval$418,988
- Median approval$250,000
- Ninetieth percentile approval$1,190,000
- Largest approval$2,105,000
- Jobs supported490
- Jobs per approval9.6
- Loans with a final outcome9
- Paid in full8
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more17.6 percent
- Share to franchises3.9 percent
- Distinct lenders20
- Distinct industries by NAICS38
Counted by borrower city: approvals to borrowers whose address is in Oak Park, in any county, FY2020 to FY2026. Only 9 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)
- Approvals7
- Gross approval$5,339,000
- Average approval$762,714
- Median approval$413,000
- Largest approval$1,653,000
- Jobs supported67
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Oak Park, in any county, FY2010 to FY2026. Only 1 loan has 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.
Oak Park
Flood risk in Oak Park
- NFIP communityCity of Oak Park
- NFIP community number260323
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The City of Oak Park participates in the National Flood Insurance Program as community 260323 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Oakland County, not Oak Park
Oakland County context, not Oak Park figures
- Establishments in Oakland County39,792
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Housing units permitted, Oakland County2,886
Every figure in this section is published for Oakland 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, Michigan?
29,318, in 12,452 households. Oak Park city covers 5.15 square miles of land, which is 5,696 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?
Oakland 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?
$71,510. The median owner-occupied home is valued at $212,300. Median gross rent is $1,396 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?
51 7(a) approvals totaling $21.4 m since FY2020, across 20 lenders, median approval $250,000, plus 7 504 approvals worth $5.3 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 9 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.
Is Oak Park in the National Flood Insurance Program?
Yes. Oak Park appears in the FEMA Community Status Book as Oak Park, city of, community 260323, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
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 Oakland 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.