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Oak Lawn Hourly Wage & Salary 2026

Oak Lawn, IL: $24.32/hr median hourly wage, $50,588 median annual salary, cost of living index 98.2, and $14.00/hr minimum wage. Calculate take-home pay with federal and Illinois taxes.

Oak Lawn Hourly Wage Quick Answer

The median hourly wage in Oak Lawn, IL is $24.32/hr, equivalent to $50,588 per year at 2,080 work hours. Entry-level pay estimates around $15.08/hr, senior-level pay estimates around $34.53/hr, and the local minimum wage is $14.00/hr.

Median Salary

$50,588

$24.32/hr

Cost of Living

98.2

US avg = 100

Minimum Wage

$14.00

per hour

Unemployment

5.2%

rate

Oak Lawn, IL Overview

Population

55,245

Median Salary

$50,588

Average Salary

$56,659

Avg Commute

18 min

Median Home Price

$277,000

Median Rent

$1,136/mo

Job Growth

+1%

Sales Tax

6.25%

Oak Lawn is located in Illinois with a population of 55,245. The median household salary is $50,588 per year ($24.32/hour), which is $8,796 below the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +1%.

Oak Lawn Salary by Experience Level (2026)

Wage distribution in Oak Lawn, IL based on BLS percentile breakdown of the $50,588 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.

Experience LevelAnnual SalaryHourly WageYears Exp
Entry-Level$31,365$15.08/hr0–2 years
Mid-Level (Median)$50,588$24.32/hr3–7 years
Senior-Level$71,835$34.53/hr8–15 years
Top 10% (90th Percentile)$90,047$43.29/hr15+ years / leadership

Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.

Oak Lawn Paycheck Calculator

Enter your annual salary to see your estimated take-home pay in Oak Lawn, IL, after federal, state, and local taxes.

Estimated Annual Take-Home Pay

$40,323

$3,360.28/month · $1,550.90/biweekly · Effective Rate: 20.3%

Biweekly paycheck estimate: this salary equals about $1,550.90 take-home per paycheck after estimated Illinois and federal taxes. For the 26-paycheck formula, three-paycheck months, and withholding examples, see the Biweekly Paycheck Calculator.

Gross Pay

$50,588

Federal Tax

-$3,891

State Tax

-$2,504

Local Tax

$0

FICA

-$3,870

Net Pay

$40,323

Pay Breakdown

Net 79.7%
State
FICA
Take-Home Federal State FICA
ItemMonthlyAnnual
Gross Salary$4,215.67$50,588.00
Federal Income Tax-$324.21-$3,890.56
Illinois State Tax (4.95%)-$208.68-$2,504.11
Social Security (6.2%)-$261.37-$3,136.46
Medicare (1.45%)-$61.13-$733.53
Net Take-Home Pay$3,360.28$40,323.35

Salary Comparison: Oak Lawn vs Other Cities

See how Oak Lawn's median salary and cost of living compare to the national average and similar cities.

CityMedian SalaryCOL IndexAdj. Salary
Oak Lawn, IL$50,58898.2$51,515
National Average$59,384100$59,384
Bedford, TX$50,57793.3$54,209
State College, PA$50,56588.1$57,395
Wheeling, IL$50,56092.3$54,778
Baytown, TX$50,55496.6$52,333

Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.

Cost of Living in Oak Lawn

Oak Lawn's cost of living index is 98.2 (national average = 100). Living in Oak Lawn is 1.7999999999999972% less expensive than the national average.

Median Home Price

$277,000

Median Monthly Rent

$1,136

Annual Rent Cost

$13,632

Your Salary's Purchasing Power

Your $40,323 annual take-home pay in Oak Lawn has the purchasing power of approximately $41,062 in an average-cost US area. Your $50,588 salary stretches further here than in most US cities.

Top Industries in Oak Lawn

Oak Lawn's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $50,588.

1Finance
2Manufacturing
3Technology
Job Growth: +1%Unemployment: 5.2%

Salary Tips for Oak Lawn Workers

  • Research top industries. Oak Lawn's top industries include Finance, Manufacturing, Technology. Targeting roles in these sectors can help you earn above the $50,588 median salary.
  • Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.

Methodology & Local Economy Data Sources

How we calculate Oak Lawn salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Oak Lawn-IL metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Oak Lawn indexed at 98.2.

  1. Median salary calculation: weighted average of Oak Lawn's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $50,588 annual median.
  2. Tax burden reflects Illinois state income tax (4.95%) (no local income tax), sales tax (6.25%), and federal taxes per IRS 2026 brackets.
  3. Unemployment rate for Oak Lawn: 5.2%, sourced from BLS Local Area Unemployment Statistics (LAUS).
  4. Top industries: Finance, Manufacturing, Technology — based on QCEW employment concentration data.
  5. Job growth: 1% projected through 2034, derived from BLS Employment Projections program for Illinois.
  6. Housing context: median home price $277,000, median rent $1,136/mo, sourced from Census American Community Survey 5-year estimates.

Authoritative US data sources for Oak Lawn, IL:

Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Oak Lawn's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Illinois labor market reports for the most current figures.

Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases

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Frequently Asked Questions

What is the hourly wage in Oak Lawn, IL?

The median hourly wage in Oak Lawn, IL is $24.32 per hour. At a standard 2,080-hour work year, that equals about $50,588 per year. Entry-level workers are estimated around $15.08/hr, while senior-level workers are estimated around $34.53/hr before overtime, bonuses, or benefits.

What is the median salary in Oak Lawn, IL?

The median salary in Oak Lawn, IL is $50,588 per year, or $24.32 per hour. The average salary is $56,659. This is $8,796 below the national median of $59,384.

What is the cost of living in Oak Lawn, IL?

Oak Lawn's cost of living index is 98.2 (national average = 100), meaning it is 1.7999999999999972% less expensive compared to the national average. The median home price is $277,000 and the median monthly rent is $1,136.

What are the best industries in Oak Lawn?

The top industries in Oak Lawn, IL include Finance, Manufacturing, Technology. The city has a job growth rate of 1% and an unemployment rate of 5.2%. Workers in these industries often earn above the city's median salary of $50,588.

How does Oak Lawn's salary compare to other cities?

Oak Lawn's median salary of $50,588 is 14.8% below the national median of $59,384. However, when adjusted for cost of living (index: 98.2), the real purchasing power is approximately $51,515.

What is the minimum wage in Oak Lawn, IL?

The minimum wage in Oak Lawn, IL is $14.00 per hour. This equals approximately $29,120 per year for a full-time worker (40 hours/week). This is $6.75 above the federal minimum wage of $7.25/hour.