Everything You Should Know Before Moving to Oakbrook Terrace, IL
Considering a move to Oakbrook Terrace, IL? This small, welcoming city of 2,750 residents offers a suburban feel with a median home value of $302,000 and average rents around $1,650. Oakbrook Terrace features a lower-than-average crime rate, quick 26.9-minute commutes, and excellent access to healthcare and quality schools. With 49% of adults holding bachelor’s degrees or higher and a moderate cost of living, it’s a great choice for families and professionals seeking comfort near Chicago.
Demographics - Oakbrook Terrace, IL
Demographics - Oakbrook Terrace, IL
Oakbrook Terrace is a small, diverse city of 2,750 residents, with a median age of 44.1 and a population density of 2,200 per square mile. The community features a mix of ethnic backgrounds, with nearly 15% Asian and 21.5% speaking a language other than English at home, making it welcoming for newcomers seeking cultural variety.
Population:
2,750
Density:
2,200 per sq mi
Median Age:
44.1
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
21.5%
Ethnic Composition
White:
67.5%
Black:
7.3%
Asian:
14.9%
Others:
10.3%
Cost Of Living
What is the average cost of living in Oakbrook Terrace, IL?
The cost of living in Oakbrook Terrace is moderately above the national average, with a median home value of $302,000 and average monthly rent at $1,650. Utility and transportation costs remain reasonable, making the area a balanced choice for those valuing suburban comfort near Chicago.
Median House Value:
$302,000
Gross Rent:
$1,650
Monthly Electricity Charges:
$110
Auto Insurance:
$1,380
House Owner Cost With Mortgage:
$2,250
House Owner Cost Without Mortgage:
$900
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
112.0
Grocery:
108.0
Housing:
112.5
Utilities:
102.5
Transportation:
109.0
Health Care:
104.4
Miscellaneous:
101.5
Crime
Is Oakbrook Terrace, IL a safe place to live?
Oakbrook Terrace enjoys a relatively low crime rate, with only 120 violent crimes and 1,100 property crimes per 100,000 residents. Residents have a 1 in 830 chance of being affected by violent crime, contributing to a safe and peaceful environment.
Violent Crimes Per 100k:
120
Property Crimes Per 100k:
1,100
Crime Index:
1,220
Chance Of Violent Crime:
1 in 830
Chance Of Property Crime:
1 in 91
Weather
What is the weather like in Oakbrook Terrace, IL year-round?
Residents experience four distinct seasons, including warm summers with highs reaching 85°F and cold winters that dip to 18°F. The city receives about 37.5 inches of rainfall annually and enjoys sunshine on over half its days, providing a pleasant climate for outdoor activities throughout the year.
Winter
Min:
18°F
Max:
33°F
Spring
Min:
41°F
Max:
65°F
Summer
Min:
65°F
Max:
85°F
Fall
Min:
45°F
Max:
66°F
Average Rainfall Inches:
37.5 inches
Sunny Days Percentage:
53%
Neighbors
The local community benefits from a median household income of $81,200 and a low poverty rate of 5.2%. With an unemployment rate under 4% and nearly half of adults holding bachelor’s degrees or higher, Oakbrook Terrace offers an educated, stable, and welcoming neighborhood.
Median Income:
$47,000
Household Income:
$81,200
Family Income:
$98,000
Per Capita Income:
$52,100
Income Male:
$58,000
Income Female:
$46,000
Poverty Rate:
5.2%
Non English Speakers:
21.5%
Rent:
$1,650
Unemployment Rate:
3.9%
Public Transport Usage:
5.5%
Commute Time:
26.9 minutes
Education
High School or Higher:
94.7%
Bachelors or More:
49.3%
Education
How are the schools in Oakbrook Terrace, IL?
Families benefit from highly regarded public and private schools with low student-teacher ratios, as well as proximity to higher education institutions like College of DuPage and Elmhurst University just a few miles away. Nearly 95% of adults have at least a high school diploma, reflecting the city's strong emphasis on education.
Public Schools
Name:
Salt Creek Primary School
Street:
980 S Riverside Dr
Phone:
630-832-6122
Students:
200
Student Teacher Ratio:
13:1
Name:
John E. Albright Middle School
Street:
1110 S Villa Ave
Phone:
630-279-6160
Students:
250
Student Teacher Ratio:
12:1
Private Schools
Name:
Montini Catholic High School
Street:
19W070 16th St, Lombard, IL 60148
Phone:
630-627-6930
Students:
600
Colleges
Name:
College of DuPage
City:
Glen Ellyn
State:
IL
Distance:
6 miles
Students:
21,000
Name:
Elmhurst University
City:
Elmhurst
State:
IL
Distance:
5 miles
Students:
3,500
Healthcare
Access to quality healthcare is convenient, with major hospitals like Elmhurst Hospital and Advocate Good Samaritan Hospital nearby, and 92.8% of residents having health insurance coverage. The area’s high number of physicians per capita ensures prompt and comprehensive medical care for families and individuals.
Major Hospitals
Name:
Elmhurst Hospital
Address:
155 E Brush Hill Rd, Elmhurst, IL 60126
Phone:
(331) 221-1000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Advocate Good Samaritan Hospital
Address:
3815 Highland Ave, Downers Grove, IL 60515
Phone:
(630) 275-5900
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.7
Health Insurance Coverage:
92.8%
Health Care Index:
77.0
Housing Market
What is the housing market like in Oakbrook Terrace, IL?
The housing market is balanced, featuring a median home price of $302,000 and average rents for two-bedroom units at $1,650. With just over half of homes owner-occupied and a 4.3% appreciation rate, Oakbrook Terrace offers stability and good investment potential for buyers and renters alike.
Median Home Price:
$302,000
Average Rent For 2 Bedroom:
$1,650
Owner Occupied Rate:
51.6%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
1.2%
Foreclosure Rate:
0.6%
DMV Information
Residents can access driver and vehicle services at the Illinois Secretary of State Facility in nearby Lombard, ensuring convenient DMV access for licensing, vehicle registration, and other essential needs.
State:
Illinois
Department:
Illinois Secretary of State Facility
Address:
837 S Westmore-Meyers Rd, Lombard, IL 60148
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.