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Oak Park
Oak Park
Illinois
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Oak Park is a village adjacent to the West Side of Chicago, Illinois. It is the 29th largest municipality in Illinois as measured by population in the 2010 U.S. census. As of the 2010 United States Census the village had a population of 51,878. Oak Park was settled beginning in the 1830s, with rapid growth later in the 19th century and early 20th century. It incorporated in 1902, breaking off from Cicero. Development was spurred by railroads and street cars connecting the village to jobs in Chicago. Architect Frank Lloyd Wright and his wife settled here in 1889. Population peaked at 66,015 in 1940. Smaller families led to falling population in the same number of homes and apartments. In the 1960s, Oak Park faced the challenge of racial integration, devising many strategies to integrate rather than re-segregate the village. Oak Park includes three historic districts for the historic homes: Ridgeland, Frank Lloyd Wright and Seward Gunderson, reflecting the focus on historic preservation.

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Several apartments and condo of mine over years past (as recently as 10 years ago) failed because of facilities, crime, or over-expensive. Had to work downtown to make any money. Now that I'm on a Pension I can't afford the cost of living.

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Taxes

C+

How did Illinois earn the grade of C+? We examined the state taxes based on how age friendly they are. Illinois has a state sales tax of 6.25%. Of particular interest is that Illinois does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Illinois has an effective property tax rate of 2.32%. Weighing these taxes and other taxes most likely to impact the aging population is how Illinois earned its state tax grade of C+.

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