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Oakbrook Terrace, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Oakbrook Terrace, Illinois had a total population of 2,723, the 445th largest city in Illinois, with a median household income of $76,905, which is 8% lower than the state average. The poverty rate is 17.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Oakbrook Terrace Quick Facts

Population 2,723
Median Household Income $76,905
Median Home Value $372,400
Poverty Rate 17.3%
Unemployment Rate 3.7%
Median Age 34.4 years
Homeownership Rate 24.8%
Affordability Ratio 4.8x
Bachelor's Degree or Higher 56.6%
High School Graduation Rate 95.0%
Diversity Index 61/100
Population 2,723 445th of 1,445
Median Income $76,905 above average
Poverty Rate 17.3% 39% higher than national
Median Home Value $372,400 top 10%

How Oakbrook Terrace Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,7142,723+0.3%
Median household income$70,586$76,905+9.0%
Median home value$315,600$372,400+18.0%

How Oakbrook Terrace Compares

Economy & Housing

Household Income Distribution

Under $25K 16.4%
$25K-$50K 15.1%
$50K-$100K 29.6%
$100K+ 38.8%
Detailed income brackets
Under $10K
7.4%
$10K-$15K
3.8%
$15K-$20K
1.0%
$20K-$25K
4.2%
$25K-$30K
6.2%
$30K-$35K
0.8%
$35K-$40K
3.8%
$40K-$45K
1.4%
$45K-$50K
3.0%
$50K-$60K
3.1%
$60K-$75K
14.1%
$75K-$100K
12.4%
$100K-$125K
15.1%
$125K-$150K
4.3%
$150K-$200K
8.8%
$200K+
10.6%

Employment

3.7% Unemployment Rate State: 5.8%|National: 5.2%
65.0% Labor Force Participation

Housing Overview

Owner 24.8%
Renter 75.2%
Affordability Index Moderate
4.8x home value to income ratio
Median gross rent $1,875/mo 29.3% of median household income annually

People & Demographics

Diversity Index

61out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Oakbrook Terrace Rankings in Illinois

#445 Population of 1,445
#518 Median Income of 1,374
#83 Education of 1,444
#95 Home Value of 1,372

Other Cities in DuPage County

CityPopulationMedian IncomePovertyHome Value
Aurora 179,898 $93,633 9.5% $274,800
Naperville 150,692 $155,105 4.5% $540,200
Bolingbrook 74,096 $108,400 9.2% $314,700
Wheaton 53,557 $120,008 5.6% $455,700
Downers Grove 50,054 $115,114 5.5% $449,800
Lombard 43,619 $100,362 7.2% $335,700
Carol Stream 39,460 $102,309 6.4% $335,000
Addison 35,489 $90,431 8.7% $341,300
St. Charles 32,854 $114,300 4.5% $377,400
Glendale Heights 32,808 $86,545 10.3% $261,700

Cities Similar to Oakbrook Terrace

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pawnee2,738$81,103$149,50035.0%14.2%
Lena2,761$72,663$146,00024.6%3.1%
Trenton2,664$80,795$178,20030.7%12.4%
Round Lake Heights2,592$78,986$216,80018.4%14.5%
Richmond2,622$73,029$238,60026.8%5.2%

Population Overview

Oakbrook Terrace is a small community located in Illinois, within DuPage County. The total population is 2,723. It ranks as the 445th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Oakbrook Terrace is 34.4 years. This is 12% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Oakbrook Terrace is $76,905. This is 8% lower than the state median of $83,390. It is also 5% lower than the national median of $80,734. The poverty rate stands at 17.3%. This is 46% higher than the state poverty rate of 11.8%. The unemployment rate is 3.7%. This is 36% lower than the state rate of 5.8%. The median home value is $372,400. Housing costs are 41% higher than the state median of $263,300. The home-value-to-income ratio is 4.8x. 24.8% of occupied housing units are owner-occupied. This homeownership rate is 63% lower than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Oakbrook Terrace is White (non-Hispanic), making up 57.2% of the population. Black or African American residents account for 20.3%. The Black or African American population is significantly higher than the state average (20.3% vs 13.3%). The Hispanic or Latino population (8.5%) is well below the state average of 18.8%. The Asian population is significantly higher than the state average (10.8% vs 5.9%).

Education

56.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Oakbrook Terrace in the top 10% of all cities in the state for educational attainment. This is 50% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.0%. Notably, 27.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Oakbrook Terrace, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Oakbrook Terrace, Illinois?

Oakbrook Terrace, Illinois has a population of 2,723 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oakbrook Terrace, IL?

The median household income in Oakbrook Terrace is $76,905, which is 5% lower than the national median of $80,734.

What is the poverty rate in Oakbrook Terrace, IL?

The poverty rate in Oakbrook Terrace is 17.3%. This means approximately 471 residents live below the federal poverty line.

What is the racial makeup of Oakbrook Terrace, Illinois?

Oakbrook Terrace's population is 57.2% White, 20.3% Black, 8.5% Hispanic/Latino, and 10.8% Asian.

What is the median home value in Oakbrook Terrace, IL?

The median home value in Oakbrook Terrace is $372,400. The home-value-to-income ratio is 4.8x.

How educated is Oakbrook Terrace, Illinois?

56.6% of adults (25+) in Oakbrook Terrace hold a bachelor's degree or higher, and 27.5% hold a graduate or professional degree.