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Demographics
Population
Median Income
Racial Distributions
Oak Park, Illinois, is categorized as a "White Majority" community with "Moderate Diversity." As of 2022, the white population constitutes 60% of the total, while other racial groups have significant representation. The city's median income of $104,161 in 2022 indicates a relatively affluent community, with a population of 53,834 residing in an area of 4.7 square miles.
Over the past decade, Oak Park has maintained its status as a "White Majority" community, but has been gradually transitioning towards increased diversity. The white population has decreased from 65% in 2013 to 60% in 2022, while Hispanic and Asian populations have shown slight increases. This trend suggests a slow but steady movement towards potentially becoming a "Transitional Community" in the future.
The Black population has seen a slight decrease from 21% in 2013 to 19% in 2022, while the Hispanic population has grown from 6% to 9% during the same period. The Asian population has remained relatively stable, increasing slightly from 5% to 6%. The percentage of individuals identifying as two or more races has also increased from 3% to 5%, indicating a growing multiracial population.
The median income in Oak Park has shown an overall upward trend, rising from $98,979 in 2013 to $104,161 in 2022. This represents a 5.2% increase over the decade, slightly outpacing inflation. The population has also grown moderately, from 51,900 in 2013 to 53,834 in 2022, a 3.7% increase.
The rising median income correlates with the increasing diversity, suggesting that the community has been attracting affluent individuals from various racial backgrounds. This trend aligns with the concept of "Moderate Diversity," as the community maintains a white majority while becoming more racially mixed and economically prosperous.
Oak Park's trends appear to align with broader patterns seen in many suburban areas near major cities, where increasing diversity is often accompanied by rising property values and incomes. The community's median income is significantly higher than the national median, indicating that Oak Park remains an attractive location for upper-middle-class residents of various racial backgrounds.
Based on the observed trends, Oak Park is likely to continue its gradual transition towards greater diversity. If current trends persist, the community may evolve from a "White Majority" with "Moderate Diversity" to a "Transitional Community" within the next decade. The white population may drop below 60%, while Hispanic, Asian, and multiracial populations continue to grow.
Economically, the median income is likely to continue its upward trajectory, potentially reaching or exceeding $110,000 by 2027. This economic growth, coupled with increasing diversity, may lead to Oak Park becoming an example of a "High Diversity" community with strong economic indicators.
These changes are occurring gradually, and Oak Park is likely to maintain much of its current demographic and economic character in the near term. The community's ability to balance this increasing diversity with continued economic prosperity will be crucial in shaping its future identity and appeal to residents from various backgrounds.