Oakbrook 70 Good
Oakbrook Livability #143 ranked city in Kentucky#7,028 ranked city in the USARanks better than 76% of areas

Pros and Cons of Living in Oakbrook

PROS
  • Cost Of Living

    Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Ratings

    Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

  • Health & Safety

    The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.

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What's it like Living in Oakbrook?

Located in the state of Kentucky, Oakbrook is a smaller city with a population of 9,539 people. If we look at the most recent Census, Oakbrook is known to have a predominantly White population. The next two most common races are Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Oakbrook is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.

Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Oakbrook could be a positive experience compared to other cities in Kentucky if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Oakbrook and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, education, employment, housing and other important metrics.

Oakbrook, KY receives 69 out of 100 for its livability score; this results in a ranking of #145 in Kentucky and #6,899 in the USA. If we explore each of the categories individually, we see that Oakbrook ranks well for crime (A), cost of living (A+), employment (A) and housing (A+). On a more negative note, Oakbrook does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.

When contemplating a move, job prospects often top the list of priorities. In Oakbrook, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.59% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Oakbrook excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Oakbrook real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Oakbrook. Median real estate prices in Oakbrook come in at $191,600, which is 51.9% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Oakbrook, the home price to income ratio is 2.4, which is 14.3% lower than the Kentucky average.

Best Places to Live in and Around Oakbrook

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Compare Oakbrook, KY Livability

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      Oakbrook transportation information

      Statistic Oakbrook Kentucky National
      Average one way commute24min23min26min
      Workers who drive to work79.7%82.2%76.4%
      Workers who carpool7.4%9.7%9.3%
      Workers who take public transit0.2%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.6%2.4%2.8%
      Working from home11.3%3.3%4.6%
      Source: The Oakbrook, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).