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Living in Oak Park, IL
The population of Oak Park Illinois is just over 51,000 people and homes in Oak Park have a median cost of around $330,000, which has appreciated nearly 8% over the past year. Cost of living in the city is about 34% higher than the rest of the United States and the schools spend about $3,000 more per year per student than the rest of the United States.
Currently, there is only about a 5% unemployment rate and there has been an increase in jobs of nearly 1%. It is consistently ranked among one of the best cities to live in and is located close to Chicago, which makes it a great place for those who commute to work.
When you’re looking for homes for sale in Oak Park, Illinois, you will find that there are many historical styles throughout the city and there is a healthy percentage between homes that are for sale, homes that are owned and those that residents rent.
Schools in the area are ranked very high and most offer a 9 or 10 rating through GreatSchools.org. There is a lot of emphasis put on education in this city and the area is dedicated to providing the best education for the students who attend the schools. A high percentage of children who graduate from the schools in Oak Park Illinois go on to receive an Associate’s degree or Bachelor’s degree after they graduate.
The city offers an area downtown that is very attractive to urban professionals and has been revitalized so that the historic nature of the city is a showcase. Many of the buildings are beautifully created and are inspired or created by a famous resident Frank Lloyd Wright. Ernest Hemingway also called Oak Park home as well.
One of the benefits of the city is there is only a 15 to 25 minute commute between the city and Chicago, which makes it a fantastic place to live while you’re working in Chicago and relying on public transportation. There are also many different bus routes that run through the major streets that will allow you access to the train stops.
It is suggested that residents who are single purchase homes near the downtown area because you are extremely close to the train and you will be within walking distance to many of the nightlife entertainment establishments that are located in this area. Parking may be an issue here, but there are many public garages available where you can rent a space for a reasonable price.
For family living in Oak Park, there is also a suburban vibe to the city as well. The public library system offers many activities that are geared towards families and children and there are many festivals that go on throughout the year as well. The school system is ranked high in the state and there are private schools that are excellent as well.
When you’re purchasing a home in Oak Park Illinois, it is a good idea to check into the specific rules that have been put in place in the specific neighborhood that you are considering. This may be an important factor when choosing your home because there are some things that you will not be able to change about your home due to the historic nature of the design.