Oak Park Michigan Real Estate
Oak Park, Michigan, is located in Oakland County, 2 miles SW of Royal Oak, Michigan and 8 miles NW of Detroit, Michigan. Oak Park has a population of 29,793.
Oak Park Homes
Oak Park properties pool is 11,104 residential properties including Oak Park new homes. Median age of real estate in Oak Park is 1956. Average Household size is 3.29 people. 2% are one bedroom homes, 10% are 2 bedroom homes, 75% are 3 bedroom homes, 10% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Oak Park Mortgage Statistics
Oak Park mortgages vs. USA median statistics
| Homes |
Oak Park |
USA |
| Homes With No Mortgage |
25% |
30% |
| Homes With Mortgage |
75% |
70% |
| First Mortgage Only |
59% |
54% |
| First & Second Mortgage or HELOC |
17% |
16% |
Oak Park Area Real Estate Tax
Oak Park Real estate Tax: Median Real Estate Taxes (2000) were $1,751 comparing to 1999 Median Family income $ 54,786. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Oak Park School District: Children make up 28.2% of Oak Park population. Oak Park has 8,391 under 18 years old residents, or 0.64 kids per one worker, or 0.76 kids per one household.
Oak Park Real Estate & Oak Park Homeownership
There are 2998.08 or 27% one person households, 3220.16 or 29% two person households, and 1998.72 or 18% three person households in Oak Park, Michigan. Median residents age is 34.6, Senior citizens (65+) make up 3,626 or 12.2%% of Oak Park population.
There are 13,164 workers (over 16 years of age) in Oak Park. Of these, 93.88% drive to work. Approximately 1.14% of workers in Oak Park take public transportation. An estimated 2% walk to work.
Median Oak Park homeowner's housing expences are 19.2%
Crime in Oak Park (2003), crimes per 10,000 residents per year
| Type of Crime |
Oak Park |
USA, 2003 |
| Violent Crimes |
47.66 |
47.5 |
| Robberies |
14.1 |
14.2 |
| Aggravated Assaults |
29.87 |
29.5 |
| Property Crimes |
343.37 |
358.8 |
| Burglaries |
65.12 |
74.0 |
| Larceny-Thefts |
196.02 |
241.5 |
| Motor Vehicle Thefts |
82.23 |
43.3 |
Invest in Oak Park Properties
When making a decision about buying real estate in Oak Park Michigan area, you should consider following statistical data:
| Category |
Oak Park |
USA |
| Near Medium City |
Royal Oak, Michigan |
- |
| Near Large City |
Detroit, Michigan |
- |
| Oak Park Zip Codes |
48237 |
- |
| Oak Park Area Codes |
248 |
- |
| White population |
46.95% |
75.1% |
| African-American population |
45.95% |
12.3% |
| Asian |
2.18% |
3.6% |
| American Indian & Alaskan |
0.17% |
0.9% |
| Hispanic (of any race) |
1.28% |
12.5% |
| Median Family Income (1999) |
$ 54,786% |
$42,000 |
| Population Below Poverty Level |
9.36% |
12.4% |
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