The City of Wood Dale is a mature residential community with very low vacancy rates. About half of the community was built between 1960 and 1979, with a typical three-bedroom home having a 2011 median value of $274,500. Of the 5,200 housing units within the City limits, 3,100 are detached single-family homes. There are also 850 townhomes and 1,250 apartments and condominiums.
Future homeowners can choose from a wide variety of housing types and price points. In November 2014 detached single-family homes are selling for as low as $95,000 for a small existing home, all the way up to $595,000 for a new, high-end custom residence. The median asking price for a detached single-family home is $279,950 and the median for a townhome or condominium is $189,900.
Wood Dale has nearly 900 rental units including apartments, townhomes, and single-family homes. Most of these are independently owned or in small buildings; however, there are also two large, professionally-managed apartment communities.
In addition to the wealth of rental housing available within Wood Dale, there are thousands of apartments within an easy, five-mile commute ranging from affordable one-bedroom units in next-door Addison (starting at $725) to luxury 2,000-sq. ft. apartments in next-door Itasca ($1,936 to $2,954).
Wood Dale has a stable population of 13,770 residents, 16% of whom are age 65 and older. The majority of residents are white (83%) and just over 20% of the population identifies as Hispanic or Latino. There is a sizeable foreign-born population with 26% of residents born outside the United States (15% born in Europe). More than 27% of residents claim Polish ancestry, followed by German (18%) and Italian (15%). The median family income is $70,821. Wood Dale residents work in a wide variety of industries, with the largest number of residents working in manufacturing (17%), education/health care (15%), professional (12%), and retail (11%) sectors. More than 85% of residents have a high school diploma or higher, with nearly 22% having a bachelor’s degree or higher.