Indian Head Park, IL is a charming village located in Cook County. Home to approximately 3,000 residents, it is known for its high quality of life. The average two bedroom rental cost in Indian Head Park is $1,390 per month which is slightly lower than the U.S. average of $1,430 per month. Additionally, the local grocery cost index is the same as the national average at 100 which indicates that the overall cost of living in Indian Head Park is on par with the rest of the country.
The village has several well known companies such as McGraw Hill Education which specializes in educational material and software solutions. There is also American House Senior Living Communities which provides independent housing for senior citizens and Swallowtail Farms which provides locally grown produce to area restaurants and markets. All of these companies provide employment opportunities to many residents making Indian Head Park an attractive place to live and work.
Indian Head Park has an unemployment rate of 8.4%. The US average is 6.0%.
Indian Head Park has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Indian Head Park
- The Sales Tax Rate for Indian Head Park is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Indian Head Park is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indian Head Park
- The average income of a Indian Head Park resident is $55,743 a year. The US average is $28,555 a year.
- The Median household income of a Indian Head Park resident is $93,398 a year. The US average is $69,021 a year.