Salary & Cost of Living in Oak Park, MI
Oak Park, MI: $50,032 median salary, cost of living index 87.7, $10.33/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$50,032
$24/hr
Cost of Living
87.7
US avg = 100
Minimum Wage
$10.33
per hour
Unemployment
4.6%
rate
Oak Park, MI Overview
Population
29,319
Median Salary
$50,032
Average Salary
$56,036
Avg Commute
19 min
Median Home Price
$192,000
Median Rent
$783/mo
Job Growth
+0.5%
Sales Tax
6%
Oak Park is located in Michigan with a population of 29,319. The median household salary is $50,032 per year ($24/hour), which is $9,352 below the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +0.5%.
Oak Park Salary by Experience Level (2026)
Wage distribution in Oak Park, MI based on BLS percentile breakdown of the $50,032 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $31,020 | $14.91/hr | 0–2 years |
| Mid-Level (Median) | $50,032 | $24.05/hr | 3–7 years |
| Senior-Level | $71,045 | $34.15/hr | 8–15 years |
| Top 10% (90th Percentile) | $89,057 | $42.81/hr | 15+ 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, MI, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$39,557
$3,296.46/month · $1,521.44/biweekly · Effective Rate: 20.9%
Gross Pay
$50,032
Federal Tax
-$3,965
State Tax
-$2,126
Local Tax
-$555
FICA
-$3,827
Net Pay
$39,557
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,169.33 | $50,032.00 |
| Federal Income Tax | -$330.45 | -$3,965.34 |
| Michigan State Tax (4.25%) | -$177.20 | -$2,126.36 |
| Local Tax (1.11%) | -$46.28 | -$555.36 |
| Social Security (6.2%) | -$258.50 | -$3,101.98 |
| Medicare (1.45%) | -$60.46 | -$725.46 |
| Net Take-Home Pay | $3,296.46 | $39,557.50 |
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.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Oak Park, MI | $50,032 | 87.7 | $57,049 |
| National Average | $59,384 | 100 | $59,384 |
| Winchester, NV | $50,034 | 98.7 | $50,693 |
| Skokie, IL | $50,009 | 93.8 | $53,314 |
| Bensalem, PA | $50,005 | 97.3 | $51,393 |
| Modesto, CA | $50,000 | 100 | $50,000 |
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 87.7 (national average = 100). Living in Oak Park is 12.299999999999997% less expensive than the national average.
Median Home Price
$192,000
Median Monthly Rent
$783
Annual Rent Cost
$9,396
Your Salary's Purchasing Power
Your $39,557 annual take-home pay in Oak Park has the purchasing power of approximately $45,105 in an average-cost US area. Your $50,032 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 $50,032.
Salary Tips for Oak Park Workers
- Your salary goes further here. Oak Park has a cost of living 12.299999999999997% below the national average. A salary of $50,032 here has the purchasing power of about $57,049 in an average-cost area.
- Research top industries. Oak Park's top industries include Automotive, Manufacturing, Agriculture. Targeting roles in these sectors can help you earn above the $50,032 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-MI 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 87.7.
- Median salary calculation: weighted average of Oak Park's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $50,032 annual median.
- Tax burden reflects Michigan state income tax (4.25%), plus Oak Park local tax of 1.11%, sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Oak Park: 4.6%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Automotive, Manufacturing, Agriculture — based on QCEW employment concentration data.
- Job growth: 0.5% projected through 2034, derived from BLS Employment Projections program for Michigan.
- Housing context: median home price $192,000, median rent $783/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Oak Park, MI:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Oak Park unemployment rate
- U.S. Census Bureau — Oak Park QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Michigan — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
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 Michigan 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 median salary in Oak Park, MI?
The median salary in Oak Park, MI is $50,032 per year, or $24 per hour. The average salary is $56,036. This is $9,352 below the national median of $59,384.
What is the cost of living in Oak Park, MI?
Oak Park's cost of living index is 87.7 (national average = 100), meaning it is 12.299999999999997% less expensive compared to the national average. The median home price is $192,000 and the median monthly rent is $783.
What are the best industries in Oak Park?
The top industries in Oak Park, MI include Automotive, Manufacturing, Agriculture. The city has a job growth rate of 0.5% and an unemployment rate of 4.6%. Workers in these industries often earn above the city's median salary of $50,032.
How does Oak Park's salary compare to other cities?
Oak Park's median salary of $50,032 is 15.7% below the national median of $59,384. However, when adjusted for cost of living (index: 87.7), the real purchasing power is approximately $57,049.
What is the minimum wage in Oak Park, MI?
The minimum wage in Oak Park, MI is $10.33 per hour. This equals approximately $21,486 per year for a full-time worker (40 hours/week). This is $3.08 above the federal minimum wage of $7.25/hour.