2026 Compare Cities Economy:
Oak Park, IL vs Memphis, TN

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Highlights
- Household income in Memphis, is 55% less than it is in Oak Park and is 57% below the National Average.
- Oak Park unemployment rate is 5.3%.
- Memphis unemployment rate is 8.0%.
 Oak Park, ILMemphis, TNUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth26.5%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$60,973  Unlock$37,638
 Household Income  Unlock$43,981$69,021
 Family Median Income$147,715  Unlock$85,028
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 Est. Households By Income
 Oak Park, ILMemphis, TNUnited States
 Income Less Than 15K  Unlock17.7%9.4%
 Income between 15K and 20K1.8%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K5.0%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K5.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.2%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K11.6%  Unlock7.8%
 Income greater than 200K  Unlock4.7%9.5%
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 Population By Occupation
 Oak Park, ILMemphis, TNUnited States
 Management, business, finance25.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.7%6.5%
 Community, social services3.4%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library11.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology9.0%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance1.4%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support15.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair1.7%  Unlock8.1%
 Production, transportation, material moving  Unlock20.7%13.1%
Reviews for Oak Park    7 Reviews

We've lived in Oak Park for 25 years, raising our two children here. Now, looking ahead a few years, the Cost of Living (127), is a major factor in searching for  More

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I have grew up in the Oak Park area and have lived in other cities in the country. Oak Park is located outside of the city of Chicago. Though located reasonably  More

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Over 16 years ago

If you don't know any better you might think Oak Park is perfect. However, if you are like me and have other places as a comparison, you know better. I will say that  More

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 6 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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