Commute
An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Oakbrook Terrace is a smaller city located in the state of Illinois. The city has a population of 3,018 residents. If we look at the most recent Census, Oakbrook Terrace is known to have a predominantly White population. The next two most common races are Asian and Black. Oakbrook Terrace is not known to have a high population (over 15 years old) of married people. At only 48% married, this city falls well below the national average. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Oakbrook Terrace entails a longer-than-average one-way commute time, averaging 30 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the city before actually living in Oakbrook Terrace, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Oakbrook Terrace and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
Oakbrook Terrace, IL receives 77/100 for its livability score; this results in a ranking of #126 in Illinois and #2,471 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Oakbrook Terrace could be a great choice! The cherry on top is that Oakbrook Terrace also ranks in the top 10 percent of all cities. For each of the livability categories, we know that Oakbrook Terrace ranks very well for crime (A+), employment (B-) and housing (B+). There are some categories that Oakbrook Terrace does not rank well for, including: cost of living (F). It might be worth taking a closer look to find out why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Oakbrook Terrace apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Oakbrook Terrace real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Oakbrook Terrace. Median real estate prices in Oakbrook Terrace come in at $588,398, which is 90.7% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Oakbrook Terrace, the home price to income ratio is 6.5, which is 85.7% higher than the Illinois average.
| Statistic | Oakbrook Terrace | Illinois | National |
| Average one way commute | 30min | 29min | 26min |
| Workers who drive to work | 70.9% | 73.4% | 76.4% |
| Workers who carpool | 6.1% | 8.3% | 9.3% |
| Workers who take public transit | 2.4% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 0.0% | 3.1% | 2.8% |
| Working from home | 20.6% | 4.4% | 4.6% |
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