Cost of Living in Tinley Park, IL
Population: 55,007 • 2026 Data
$103,819
Median Household Income
+34% vs national
$1,518
Median Monthly Rent
+13% vs national
$289,000
Median Home Value
-15% vs national
6.1%
Unemployment Rate
Housing in Tinley Park
The median home value in Tinley Park, IL is $289,000. Monthly rent for a typical unit averages $1,518, while total monthly housing costs (including utilities and insurance) average $1,630.
Rent-to-income ratio: 17.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Tinley Park, IL is $103,819. The unemployment rate stands at 6.1%, with a labor force of 29,918 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.