How much do homeowners pay a month in Oakbrook Terrace, IL?
Homeowners with a mortgage in Oakbrook Terrace, IL pay a median of $2,893 (±$802) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,152 (±$299).
47.1% of owned homes carry a mortgage.
In Oakbrook Terrace, the median monthly cost with a mortgage went from $2,060 in 2015–2019 to $2,893 in 2020–2024 (+40.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,893 (±$802)
- Without a mortgage
- $1,152 (±$299)
- Owned with a mortgage
- 47.1%
Monthly owner costs in Oakbrook Terrace
| Oakbrook Terrace | DuPage County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $2,893 (±$802) | $2,450 (±$19) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $1,152 (±$299) | $1,056 (±$10) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 47.1% (±13.6 points) | 64.8% (±0.6 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $6,891 (±$1,165) | $8,007 (±$58) | $5,298 (±$22) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Oakbrook Terrace, the median cost with a mortgage is not measurably different from DuPage County ($2,450).
It is also higher than in Illinois ($1,987).
It is higher than the national figure ($1,963).
In DuPage County, Oakbrook Terrace ranks 8 of 39 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 80 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Oakbrook Terrace have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,060 (±$222) | $2,893 (±$802) | +40.4% | No measurable change after inflation |
| Median real estate taxes | $4,969 (±$546) | $6,891 (±$1,165) | +38.7% | No measurable change after inflation |
| Median home value | $306,900 (±$21,703) | $372,400 (±$74,037) | +21.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Oakbrook Terrace
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Oakbrook Terrace | — | $2,893 (±$802) | — |
| York Township (DuPage County) | 0.7 mi | $2,464 (±$50) | Not measurably different |
| Oak Brook | 1.4 mi | $4,000 or more | — |
| Villa Park | 2.3 mi | $2,171 (±$53) | Not measurably different |
| Lombard | 2.8 mi | $2,218 (±$77) | Not measurably different |
| Elmhurst | 3.3 mi | $3,217 (±$116) | Not measurably different |
| Hillside | 3.6 mi | $2,015 (±$225) | Lower |
| Berkeley | 3.8 mi | $2,112 (±$120) | Not measurably different |
| Clarendon Hills | 3.9 mi | $3,379 (±$534) | Not measurably different |
Nearby places with a measurably lower figure: Hillside, IL ($2,015).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across DuPage County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Oak Brook | $4,000 or more |
| 3 | Burr Ridge | $3,896 (±$259) |
| 4 | Clarendon Hills | $3,379 (±$534) |
| 5 | Glen Ellyn | $3,317 (±$169) |
| 6 | Elmhurst | $3,217 (±$116) |
| 7 | Naperville | $3,154 (±$63) |
| 8 | Oakbrook Terrace | $2,893 (±$802) |
| 9 | Itasca | $2,866 (±$246) |
| 10 | Milton Township | $2,819 (±$61) |
| 11 | Wheaton | $2,764 (±$94) |
| 12 | Lisle | $2,738 (±$179) |
| 13 | Downers Grove Township | $2,621 (±$72) |
| 14 | Lisle Township | $2,613 (±$57) |
Showing 13 of 39 places in DuPage County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Oakbrook Terrace
What is the average mortgage payment in Oakbrook Terrace?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Oakbrook Terrace, IL is $2,893 (±$802) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Oakbrook Terrace?
Owners without a mortgage in Oakbrook Terrace pay a median of $1,152 (±$299) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Oakbrook Terrace gone up?
In Oakbrook Terrace, the median monthly cost with a mortgage went from $2,060 in 2015–2019 to $2,893 in 2020–2024 (+40.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Oakbrook Terrace city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Oakbrook Terrace city, Illinois (place:54560, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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