Evergreen Park, IL

Average · 96

Illinois · Population 19,498 · Updated March 2026

$1,425
Median Rent / Month
$95,738
Median Income
$255,700
Median Home Value
$1,562
Owner Costs / Month

Affordability

How far your income goes in Evergreen Park

17.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Illinois

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
6.25%
Sales Tax
2.07%
Property Tax Rate

Estimated Annual Costs

$17,100
Annual Rent
$4,739
State Income Tax
$5,293
Property Tax (est.)

Cost of Living Overview

Evergreen Park has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), Evergreen Park residents can expect to pay median rent of $1,425/month while earning a median household income of $95,738/year.

The median home value in Evergreen Park, IL is $255,700, with typical monthly owner costs around $1,562 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Illinois has a moderate income tax rate of 4.95%. Combined with a 6.25% sales tax rate and 2.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in Evergreen Park.

Frequently Asked Questions

Common questions about living costs in Evergreen Park

What is the cost of living in Evergreen Park, IL?
The cost of living index in Evergreen Park, IL is 96 (US average = 100). Median monthly rent is $1,425, median household income is $95,738/year, and the median home value is $255,700.
Is Evergreen Park, IL affordable?
Yes, Evergreen Park is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 17.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Evergreen Park, IL?
The median gross rent in Evergreen Park, IL is $1,425 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,100.
What is the median household income in Evergreen Park?
The median household income in Evergreen Park, IL is $95,738 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Illinois?
Illinois has a top income tax rate of 4.95%, a sales tax of 6.25%, and an effective property tax rate of 2.07%.