Oakbrook Terrace at a Glance
Population
2,695
Median Home Value
$355,800
Nat'l avg: $281,900
Median Rent
$1,892
Nat'l avg: $1,163
Median Income
$68,125
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
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About Oakbrook Terrace
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.