Oakbrook Terrace, IL
Population 2,714 · Illinois
About Oakbrook Terrace, IL
Oakbrook Terrace is a small community in Illinois with a population of 2,714 residents. The median household income is $70,586 per year, which is above the national average. The median age in Oakbrook Terrace is 34.4 years.
Housing in Oakbrook Terrace has a median home value of $315,600 and median monthly rent of $1,830. Of the 1,447 total housing units, renting is more common than owning, with 342 owner-occupied and 978 renter-occupied units.
The unemployment rate in Oakbrook Terrace is 4.0% and the poverty rate is 17.8%. 55.5% of residents hold a bachelor's degree or higher. The average commute time is 28 minutes.
Cost of Living in Oakbrook Terrace, IL
Compared to national averages, Oakbrook Terrace has a median household income of $70,586 (6% below the national median of $75,149). Home values average $315,600, which is 29% above the national median. Monthly rent at $1,830 is 57% above the US average of $1,163. Within Illinois, Oakbrook Terrace's income is 6% below the state average of $75,072, and home values are 90% above the state median of $165,779.
Why Live in Oakbrook Terrace, IL?
Oakbrook Terrace offers a well-educated community where 55.5% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($70,586) that falls below the national average. However, Oakbrook Terrace’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oakbrook Terrace has a population of 2,714 with a median age of 34.4 years. Compare Oakbrook Terrace with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Oakbrook Terrace
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pawnee | 2,706 | $77,977 | $151,100 | Compare |
| Venetian Village | 2,704 | $91,786 | $216,900 | Compare |
| Hamilton | 2,738 | $53,487 | $105,600 | Compare |
| Mount Morris | 2,679 | $38,162 | $117,600 | Compare |
| McLeansboro | 2,750 | $46,589 | $72,200 | Compare |
| Trenton | 2,673 | $80,227 | $179,200 | Compare |
| Rushville | 2,668 | $57,589 | $91,000 | Compare |
| Bushnell | 2,763 | $55,368 | $69,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Oakbrook Terrace
What is the population of Oakbrook Terrace, IL?
The population of Oakbrook Terrace, IL is 2,714 according to the latest Census data.
What is the median household income in Oakbrook Terrace?
The median household income in Oakbrook Terrace, IL is $70,586 per year.
What is the median home value in Oakbrook Terrace?
The median home value in Oakbrook Terrace, IL is $315,600.
What is the average rent in Oakbrook Terrace?
The median monthly rent in Oakbrook Terrace, IL is $1,830.
What is the unemployment rate in Oakbrook Terrace?
The unemployment rate in Oakbrook Terrace, IL is 4.0%.