Median Income
$68,125
household / year
Median Home Value
$355,800
owner-occupied
Median Rent
$1,892
gross / month
Cost of Living
103
national avg = 100

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: 102.6

Oakbrook 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 Average

Oakbrook Terrace's violent crime rate is 224.6 per 100,000 residents — 41% lower than the national average of ~380 per 100,000.

Violent Crime
224.6 /100k
Property Crime
2657.2 /100k

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.

MetricOakbrook Terrace, IL
Average High — January32.8°F
Average High — July85.5°F
Annual Precipitation39.7"
Annual Snowfall42.3"

Demographics

MetricOakbrook Terrace, ILNational Avg
Population2,695—
Median Age34.438.9
Unemployment Rate6.2%3.7%
Avg Commute Time29.4 min26 min
White (non-Hispanic)59.7%59.3%
Black or African American20.9%13.6%
Hispanic or Latino6.0%18.9%
Asian12.7%6.3%
Under 1812.2%22.2%
65 and over15.6%16.8%

Nearby Cities

Oakbrook Terrace vs Other Cities

Frequently Asked Questions

Oakbrook Terrace's cost of living index is 103, where 100 is the national average. That puts Oakbrook Terrace roughly 3% above the national average in cost. The median home price is $355,800 and median rent is $1,892/month.
Oakbrook Terrace's violent crime rate is 224.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2657.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Oakbrook Terrace are operated by Salt Creek SD 48. The district has 2 elementary, 1 middle, and several high schools. The student-to-teacher ratio is 12.5:1. 58.8% of adults 25+ hold a bachelor's degree or higher.
Oakbrook Terrace, IL has a population of 2,695, a median household income of $68,125, and an unemployment rate of 6.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Oakbrook Terrace averages 32.8°F in January and 85.5°F in July. Annual rainfall is 39.7 inches with about 42.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Oakbrook Terrace, Illinois is 2,695 with a median age of 34.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Oakbrook Terrace: cost of living index 103 (100 = US average), median home $355,800, median household income $68,125, crime index 86 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Oakbrook Terrace side by side with your current city to see the trade-offs.