Oakbrook Terrace, IL Real Estate
According to census data in the year 2000 there were 1,348 housing units in Oakbrook Terrace.
This represents a 55.5% growth from 867 in 1990.
Of those housing units, 1,348 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oakbrook Terrace is about 40.3%.
Oakbrook Terrace's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 1.93 people.
The majority of houses, apartments or condos in Oakbrook Terrace were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.50% |
| One Bedroom | 38.70% |
| Two Bedrooms | 19.70% |
| Three Bedrooms | 26.70% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $170,700 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.55 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $962 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 17.30% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 29.40% |
| Debt Free | 42.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
