Is Oakbrook Terrace, IL a Good Place to Live?
Oakbrook Terrace is a small town of 2,695 in Illinois, with a median household income of $68,125 and a 6.2% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.
Strengths: Oakbrook Terrace stands out for lower-than-average crime, solid school ratings (A+), a well-educated population.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Oakbrook Terrace is right for you depends on your priorities — the full breakdown is below.
All Oakbrook Terrace city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 102.6Oakbrook Terrace's overall cost of living index is 102.6, where 100 represents the US national average. Living in Oakbrook Terrace costs roughly 3% more than the average American city.
| Metric | Oakbrook Terrace, IL | National Avg |
|---|---|---|
| Median Home Value | $355,800 | $244,900 |
| Median Monthly Rent | $1,892 | $1,163 |
| Homeownership Rate | 27.6% | 65.9% |
| Median Household Income | $68,125 | $74,755 |
Crime & Safety
Safer than AverageOakbrook Terrace's violent crime rate is 224.6 per 100,000 residents — 41% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Oakbrook Terrace is served primarily by Salt Creek SD 48. The student-to-teacher ratio is 12.5:1 (better than the national average of ~16:1).
| Metric | Oakbrook Terrace, IL | National Avg |
|---|---|---|
| School District | Salt Creek SD 48 | — |
| Elementary Schools | 2 | — |
| Middle Schools | 1 | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | 12.5:1 | 16:1 |
| Bachelor's Degree or Higher | 58.8% | 35.4% |
| High School Diploma or Higher | 99.5% | 91.1% |
Weather & Climate
Oakbrook Terrace sees average highs of 32.8°F in January and 85.5°F in July, with 39.7 inches of annual precipitation and 42.3 inches of snow per year.
| Metric | Oakbrook Terrace, IL |
|---|---|
| Average High — January | 32.8°F |
| Average High — July | 85.5°F |
| Annual Precipitation | 39.7" |
| Annual Snowfall | 42.3" |
Demographics
| Metric | Oakbrook Terrace, IL | National Avg |
|---|---|---|
| Population | 2,695 | — |
| Median Age | 34.4 | 38.9 |
| Unemployment Rate | 6.2% | 3.7% |
| Avg Commute Time | 29.4 min | 26 min |
| White (non-Hispanic) | 59.7% | 59.3% |
| Black or African American | 20.9% | 13.6% |
| Hispanic or Latino | 6.0% | 18.9% |
| Asian | 12.7% | 6.3% |
| Under 18 | 12.2% | 22.2% |
| 65 and over | 15.6% | 16.8% |