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Oak Park Hourly Wage & Salary 2026

Oak Park, IL: $25.55/hr median hourly wage, $53,138 median annual salary, cost of living index 97.2, and $14.00/hr minimum wage. Calculate take-home pay with federal and Illinois taxes.

Oak Park Hourly Wage Quick Answer

The median hourly wage in Oak Park, IL is $25.55/hr, equivalent to $53,138 per year at 2,080 work hours. Entry-level pay estimates around $15.84/hr, senior-level pay estimates around $36.28/hr, and the local minimum wage is $14.00/hr.

Median Salary

$53,138

$25.55/hr

Cost of Living

97.2

US avg = 100

Minimum Wage

$14.00

per hour

Unemployment

4.8%

rate

Oak Park, IL Overview

Population

52,233

Median Salary

$53,138

Average Salary

$59,515

Avg Commute

20 min

Median Home Price

$261,000

Median Rent

$1,070/mo

Job Growth

+2.9%

Sales Tax

6.25%

Oak Park is located in Illinois with a population of 52,233. The median household salary is $53,138 per year ($25.55/hour), which is $6,246 below the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +2.9%.

Oak Park Salary by Experience Level (2026)

Wage distribution in Oak Park, IL based on BLS percentile breakdown of the $53,138 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$32,946$15.84/hr0–2 years
Mid-Level (Median)$53,138$25.55/hr3–7 years
Senior-Level$75,456$36.28/hr8–15 years
Top 10% (90th Percentile)$94,586$45.48/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 Park Paycheck Calculator

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

Estimated Annual Take-Home Pay

$42,246

$3,520.50/month · $1,624.85/biweekly · Effective Rate: 20.5%

Gross Pay

$53,138

Federal Tax

-$4,197

State Tax

-$2,630

Local Tax

$0

FICA

-$4,065

Net Pay

$42,246

Pay Breakdown

Net 79.5%
State
FICA
Take-Home Federal State FICA
ItemMonthlyAnnual
Gross Salary$4,428.17$53,138.00
Federal Income Tax-$349.71-$4,196.56
Illinois State Tax (4.95%)-$219.19-$2,630.33
Social Security (6.2%)-$274.55-$3,294.56
Medicare (1.45%)-$64.21-$770.50
Net Take-Home Pay$3,520.50$42,246.05

Salary Comparison: Oak Park vs Other Cities

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

CityMedian SalaryCOL IndexAdj. Salary
Oak Park, IL$53,13897.2$54,669
National Average$59,384100$59,384
Spring, TX$53,15690.8$58,542
Huntersville, NC$53,15799$53,694
Navarre, FL$53,116100$53,116
Harlingen, TX$53,16398.5$53,973

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 Park

Oak Park's cost of living index is 97.2 (national average = 100). Living in Oak Park is 2.799999999999997% less expensive than the national average.

Median Home Price

$261,000

Median Monthly Rent

$1,070

Annual Rent Cost

$12,840

Your Salary's Purchasing Power

Your $42,246 annual take-home pay in Oak Park has the purchasing power of approximately $43,463 in an average-cost US area. Your $53,138 salary stretches further here than in most US cities.

Top Industries in Oak Park

Oak Park's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $53,138.

1Finance
2Manufacturing
3Technology
Job Growth: +2.9%Unemployment: 4.8%

Salary Tips for Oak Park Workers

  • Research top industries. Oak Park's top industries include Finance, Manufacturing, Technology. Targeting roles in these sectors can help you earn above the $53,138 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 Park salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Oak Park-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 Park indexed at 97.2.

  1. Median salary calculation: weighted average of Oak Park's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $53,138 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 Park: 4.8%, sourced from BLS Local Area Unemployment Statistics (LAUS).
  4. Top industries: Finance, Manufacturing, Technology — based on QCEW employment concentration data.
  5. Job growth: 2.9% projected through 2034, derived from BLS Employment Projections program for Illinois.
  6. Housing context: median home price $261,000, median rent $1,070/mo, sourced from Census American Community Survey 5-year estimates.

Authoritative US data sources for Oak Park, IL:

Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Oak Park'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 Park, IL?

The median hourly wage in Oak Park, IL is $25.55 per hour. At a standard 2,080-hour work year, that equals about $53,138 per year. Entry-level workers are estimated around $15.84/hr, while senior-level workers are estimated around $36.28/hr before overtime, bonuses, or benefits.

What is the median salary in Oak Park, IL?

The median salary in Oak Park, IL is $53,138 per year, or $25.55 per hour. The average salary is $59,515. This is $6,246 below the national median of $59,384.

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

Oak Park's cost of living index is 97.2 (national average = 100), meaning it is 2.799999999999997% less expensive compared to the national average. The median home price is $261,000 and the median monthly rent is $1,070.

What are the best industries in Oak Park?

The top industries in Oak Park, IL include Finance, Manufacturing, Technology. The city has a job growth rate of 2.9% and an unemployment rate of 4.8%. Workers in these industries often earn above the city's median salary of $53,138.

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

Oak Park's median salary of $53,138 is 10.5% below the national median of $59,384. However, when adjusted for cost of living (index: 97.2), the real purchasing power is approximately $54,669.

What is the minimum wage in Oak Park, IL?

The minimum wage in Oak Park, 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.