Oakbrook Terrace
Oakbrook Terrace city, Illinois
Oakbrook Terrace offers a compelling blend of suburban tranquility and convenient access to the Chicago metro area, making it an attractive option for both families and professionals. With a population just shy of 2,700, this village maintains a small-town feel while still boasting a median home value of approximately $356,000, right in line with the national average. This affordability, coupled with a median household income of around $68,000, positions Oakbrook Terrace as a desirable location for those seeking a comfortable lifestyle without the exorbitant costs of larger urban centers. The community is known for its well-maintained parks and green spaces, fostering a sense of community and providing ample opportunities for outdoor recreation.
From an investment perspective, Oakbrook Terrace presents a stable housing market with consistent demand. While specific unemployment data is not available, the proximity to major employment hubs in the Chicago area suggests strong job prospects for residents. The village is known for its low crime rates, further enhancing its appeal for families and individuals seeking a safe and secure environment. This area is ideally suited for those who appreciate a quiet, well-maintained community with easy access to the amenities and opportunities of a major metropolitan area, making it a smart choice for long-term investment and comfortable living.
Oakbrook Terrace, Illinois at a Glance
Oakbrook Terrace is a city in Oakbrook Terrace city, Illinois with a population of approximately 2,695. The median home value is $355,800 and the median household income is $68,125.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $1,892 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$355,800
Median Income
$68,125
Population
2,695
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 2,695
- Median Age
- N/A
- Median Household Income
- $68,125
9% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 19.4%
56% above nat'l avg
- Median Home Value
- $355,800
26% above nat'l avg
- Median Rent
- $1,892
63% above nat'l avg
- Homeownership Rate
- 27.6%
58% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 6.2%
68% above nat'l avg
- Poverty Rate
- 19.4%
56% above nat'l avg
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Oakbrook Terrace
Taste of Oak Brook
A food festival featuring local restaurants and entertainment.
Oak Brook Polo Matches
Polo matches held during the summer months.
Summer Concert Series at Oakbrook Center
Free outdoor concerts during the summer.
Oak Brook Farmers Market
A weekly farmers market with local produce and goods.
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