Income & Economy in Oak Forest, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$87,941

+20% vs national

Per Capita Income

$41,268

+11% vs national

Poverty Rate

5.5%

-60% vs national

Gini Index

0.3871

0 = perfect equality

Unemployment

5.2%

+0% vs national

SNAP Recipients

7.0%

of households

How Oak Forest Compares

Source: Census ACS (2023)

Oak Forest vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 25,000 - 50,000 residents. Oak Forest is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Oak Forest. The median household income here is $87,941.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.8%
$25-50K
15.2%
$50-75K
19.5%
$75-100K
11.8%
$100-150K
20.4%
$150-200K
15.2%
$200K+
9.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.2%

-7% vs IL avg

Labor Force

15,130

Employed

14,340

Mean Commute

28 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

21.4%

of adults 25+

High School Diploma+

41.8%

of adults 25+

Median Age

40.3

Work from Home

9.6%

of workers

The median household income in Oak Forest, IL is $87,941, which is 20.1% above the national average of $73,224. Per capita income is $41,268. The poverty rate of 5.5% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.3871, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.2%, compared to the state average of 5.6%. 21.4% of adults hold a bachelor's degree or higher. The average commute time is 28 minutes, with 9.6% working from home.