Cost of Living in Indian Head Park, IL

Population 3,992 · Illinois · Data vintage 2023

119
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Indian Head Park a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $338,000. Unemployment has stayed elevated relative to the national figure — 6.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Indian Head Park sits roughly 12 miles west of Chicago — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Chicago's $315,000 median.

Cost Overview

Housing 111
Rent 132

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Indian Head Park

The median home value in Indian Head Park is $337,700 — 11% above the national median of $305,000. Median rent runs $1,731/month, 32% higher than the national median of $1,314/month. The median household income of $107,019/year is 43% higher than the US median of $74,580. The local unemployment rate is 6.8%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Indian Head Park has a cost of living index of 119 versus the US average of 100, meaning it is 19% more expensive.

🏠 Housing

Median Home Value
$337,700
11% above avg
Zillow Home Value
$282,492
Zillow ZHVI
Median Rent
$1,731/mo
32% above avg
Price-to-Rent Ratio
16.3x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 88.2%
Renter-occupied 11.8%

💰 Estimated Monthly Budget

Rent median rent
$1,731
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,345/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.0 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.3%

Commute Mode

Drove alone
68.6%
Carpooled
3.7%
Public transit
6.4%
Work from home
21.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$107,019
43% above avg
Per Capita Income
$81,330
Unemployment Rate
6.8%
41% above avg
Poverty Rate
4.3%
Labor Force Participation
54.0%

🎓 Education

Bachelor's degree+ 30.2%
Graduate degree 23.8%

👥 Demographics

Median Age 52.8
Male median age 51.2
Female median age 53.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
28.5%
Good air days/yr
223
Max AQI recorded
252
PM2.5 days
97
Ozone days

Frequently Asked Questions

What is the cost of living in Indian Head Park, IL?

Indian Head Park has a cost index of 119 (100 = national average). It is 19% above the national average.

What is average rent in Indian Head Park, IL?

The median gross rent in Indian Head Park is $1,731 per month based on 2023 Census data.

What is the average home price in Indian Head Park?

The median home value in Indian Head Park is $337,700 according to Zillow and Census data.

What is the median income in Indian Head Park?

The median household income in Indian Head Park is $107,019 per year (2023 ACS 5-year estimates).

What is the sales tax in Indian Head Park, IL?

The combined state and local sales tax rate in Indian Head Park is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Indian Head Park, IL affordable?

Indian Head Park is above average in cost of living, with an index of 119 — about 19% higher than the national average.

Indian Head Park at a Glance

Population
3,992
Median Income
$107,019
Home Value
$337,700
Median Rent
$1,731/mo
Unemployment
6.8%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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