Tinley Park, IL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Tinley Park, IL is an attractive option for those looking to rent or purchase a home due to its affordability. Average 2 bedroom rent in Tinley Park is $1,460 compared to the national average of $1,430. Tinley Park also offers reasonable grocery costs with a cost index of 97 versus 100 in the US. This makes it an ideal place to settle down and establish roots. Well-known companies based in Tinley Park include ESD Global Corporation, Precoat Metals, and Fabrik Industries Incorporated. These organizations specialize in manufacturing electrostatic dissipative materials, coatings and finishes for metal products, and injection molding services respectively.

Tinley Park has an unemployment rate of 6.0%. The US average is 6.0%.

Tinley 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 27.4%, which is lower than the US average of 33.5%.

Tax Rates for Tinley Park
- The Sales Tax Rate for Tinley Park is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Tinley 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 Tinley Park
- The average income of a Tinley Park resident is $34,165 a year. The US average is $28,555 a year.
- The Median household income of a Tinley Park resident is $87,864 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTinley Park, IllinoisUnited States
  66
  -9.5%-6.2%
  27.4%33.5%
  9.8%6.2%
  5.0%4.6%
  $44,349$37,638
  $87,864$69,021
  $110,428$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  7.8%6.8%
  8.4%10.0%
  3.5%2.5%
  11.8%11.0%
  6.3%4.8%
  1.0%0.8%
  2.4%1.9%
  6.3%4.7%
  1.3%1.9%
  6.8%7.6%
  0.1%0.1%
  2.2%4.2%
  11.0%9.3%
  15.7%14.0%
  1.7%2.1%
  5.0%7.0%
  4.0%4.8%
  4.5%4.7%
Reviews for Tinley Park
    See all ()

There are several reasons why Illinois is the only state in the Midwest to lose residents in 2019. The population has been in decline for the last 6 years. I was raised  More

   |    Reply

Over 14 years ago

I have lived in the chicagoland area and suburbs all my life. Chicago has a lot of culture and things to do, but it also has a lot of cold, inpredictable, and GLOOMY  More

   |    Reply

Over 18 years ago

Education is exceptional within the Tinley Park area. The highschools are high competetive in academics and  More

   |    Reply

Start Your Review of Tinley Park

Health
Compare Tinley Park, IL
cost of living
Compare food, housing, utilities, and more in Tinley Park, Illinois to any other city in the US.