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Oak Park Village Demographics

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Market Action
Selling Speed
—
Updating
Inventory Supply
—
Updating
Sales Activity
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Own here?
Demographics
Age
31.3 ±3.7
Median age
about 90 percent of the figure in Dallas-Fort Worth-Arlington, TX Metro Area: 35.8 ±0.2
about 90 percent of the figure in Texas: 35.9 ±0.1
Housing
Units & Occupancy
2,148 ±302
Number of housing units
less than 10 percent of the figure in Dallas-Fort Worth-Arlington, TX Metro Area: 3,235,415 ±699
less than 10 percent of the figure in Texas: 12,616,736 ±820
Geographical mobility

13% ±8.2% (807 ±509)

Moved since previous year
a little less than the rate in Dallas-Fort Worth-Arlington, TX Metro Area: 13.8% 1,143,518 (±0.8% /±67,243)
a little less than the rate in Texas: 13.9% 4,289,833 (±0.4% /±130,063)
Families
6,107 ±25
Persons per household
less than 10 percent of the figure in Dallas-Fort Worth-Arlington, TX Metro Area: 8,247,304 ±1,787
less than 10 percent of the figure in Texas: 30,665,006
Fertility

7%

Women 15-50 who gave birth during past year
about 1.5 times the rate in Dallas-Fort Worth-Arlington, TX Metro Area: 4.8% 103,029 (±0.3% /±7,084)
about 1.4 times the rate in Texas: 5.2% 400,404 (±0.2% /±16,095)
Economics
Poverty

13.5%

Persons below poverty line
about 1.4 times the rate in Dallas-Fort Worth-Arlington, TX Metro Area: 9.7% 799,450 (±0.4% /±35,505)
about the same as the rate in Texas: 13.4% 4,108,899 (±0.2% /±76,334)
Transportation to work
N/A
Mean travel time to work
Social
Educational attainment

N/A

High school grad or higher

N/A

Bachelor's degree or higher
Language
N/A0
Persons with language other than English spoken at home
Place of birth

10.3% ±4.9% (648 ±311)

Foreign-born population
about half the rate in Dallas-Fort Worth-Arlington, TX Metro Area: 20.3% 1,691,268 (±0.4% /±32,110)
about three-fifths of the rate in Texas: 18.4% 5,762,477 (±0.2% /±58,185)
Veteran status

4.7%

Population with veteran status
about 90 percent of the rate in Dallas-Fort Worth-Arlington, TX Metro Area: 5.3% 331,121 (±0.2% /±11,236)
about 80 percent of the rate in Texas: 6% 1,416,215 (±0.1% /±19,072)
216
Veterans
177
Male
39
Female

Disclaimer: The demographic information presented on this site has been provided by the Census Reporter Team. We extend our gratitude for their exceptional contributions and efforts.

Mortgage rates
30-year fixed · Sep 24, 2026

7.03%

+0.08
vs last week
A year ago
6.3%
Sep 24, 2025
All-time peak
16.64%
in 1981
Long-run average
7.7%
1971–2025
30-year15-year
All25y10y
When would rates drop?
Mortgage rates track the 10-year Treasury yield. Big drops historically needed one of these catalysts
A recession
Credit demand falls and investors move into Treasuries, pushing yields down
Aggressive Fed intervention
Rate cuts plus buying bonds and mortgage-backed securities force borrowing costs down
Inflation cooling fast
Lenders need less premium over inflation, so yields and mortgage rates ease
A global flight to safety
Shocks send capital into U.S. debt markets, pulling yields down quickly
It has happened before
30-year fixed rate, Freddie Mac weekly averages.
2008 financial crisis
Housing collapse, recession, then Fed bond buying from late 2008
6.5%
Mid 2007
<5%
Early 2009
2020 pandemic
Emergency cuts to zero and large purchases of Treasuries and mortgage bonds
3.7%
Jan 2020
2.65%
Jan 2021
Source: Freddie Mac PMMS via FRED. Past moves are context, not a forecast. Market information, not lending advice.