Zip 60477 (Tinley Park, IL) Economy


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60477 Tinley Park, IL is an excellent place to live for those looking for affordable rent and a high quality of life. The average two bedroom rent in Tinley Park is $1,470, which is $40 cheaper than the US average of $1,430. This makes it a great option for those wanting to save money on housing costs. Additionally, the grocery cost index in Tinley Park stands at 96 against 100 in the US, making groceries more affordable here as well. There are also many local businesses that can be found throughout the area including IKEA, The Home Depot, Target and many other shops and restaurants.

Tinley Park (zip 60477) has an unemployment rate of 6.0%. The US average is 6.0%.

Tinley Park (zip 60477) 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 (zip 60477)
- The Sales Tax Rate for Tinley Park (zip 60477) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Tinley Park (zip 60477) 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 (zip 60477)
- The average income of a Tinley Park (zip 60477) resident is $31,675 a year. The US average is $28,555 a year.
- The Median household income of a Tinley Park (zip 60477) resident is $80,233 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%
  $42,462$37,638
  $80,233$69,021
  $94,326$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.9%6.8%
  8.1%10.0%
  4.1%2.5%
  11.7%11.0%
  7.2%4.8%
  0.5%0.8%
  2.3%1.9%
  5.4%4.7%
  1.5%1.9%
  6.7%7.6%
  0.1%0.1%
  2.5%4.2%
  9.5%9.3%
  15.1%14.0%
  1.6%2.1%
  5.5%7.0%
  4.3%4.8%
  4.7%4.7%
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