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Oakbrook Terrace, Illinois, City and Education Facts

Oakbrook Terrace is a well-heeled suburb of Chicago in the western part of the metropolitan area. The city is located within an hour's drive of two of the most prestigious universities in the country, the University of Chicago and Northwestern University.

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Information about Oakbrook Terrace, Illinois

Oakbrook Terrace lies in northeastern Illinois, approximately 20 miles west of downtown Chicago. A key suburb of Chicago, the city had an estimated 2,616 residents in 2015, based on figures from the U.S. Census Bureau. Median household income was $66,828, while median home value was $242,241.

Oakbrook Terrace has a continental climate, like the rest of Illinois, with cold winters and warm, humid summers. Shopping can be found nearby in historic downtown Wheaton. The wider Chicago metropolitan area offers countless attractions and cultural sites. Chicago's Sears Tower and 360 Chicago (formerly the John Hancock Observatory) boast jaw-dropping views, while fantastic shopping, dining and other attractions can be enjoyed in the Magnificent Mile area and on Chicago's lakefront. The tallest building in Illinois outside of Chicago, the 31-story Oakbrook Terrace Tower, stands near the city's live theater and shopping complex, Drury Lane.

Higher Education

Oakbrook Terrace isn't home to any public and non-profit private schools or colleges; however, the neighboring areas host institutions of higher learning such as the College of DuPage and Wheaton College. The wider metropolitan area features some of the country's best-regarded universities, including the University of Chicago and Northwestern University. Other notable institutions in the area include DePaul University, the country's largest Catholic university, and the University of Illinois at Chicago.

Economy and Employment

Per 2012 census data, professional, scientific, and technical services employed nearly 2,900 people. Administrative and support and waste management and remediation services employed nearly 2,000 people, while finance and insurance employed nearly 1,300 people.

Many more employment opportunities exist in Wheaton, just 10 miles away, and in nearby Chicago. The metropolitan area boasts such companies as Advocate Health Care, United Airlines, J.P Morgan Chase & Co. and Motorola.

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