Hazel Crest, IL

Below Avg · 87

Illinois · Population 13,493 · Updated March 2026

$1,439
Median Rent / Month
$62,773
Median Income
$181,400
Median Home Value
$1,469
Owner Costs / Month

Affordability

How far your income goes in Hazel Crest

27.5%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$17,268
Annual Rent
$3,107
State Income Tax
$3,755
Property Tax (est.)

Cost of Living Overview

Hazel Crest offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Hazel Crest residents can expect to pay median rent of $1,439/month while earning a median household income of $62,773/year.

The median home value in Hazel Crest, IL is $181,400, with typical monthly owner costs around $1,469 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.5%, Hazel Crest falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Hazel Crest.

Frequently Asked Questions

Common questions about living costs in Hazel Crest

What is the cost of living in Hazel Crest, IL?
The cost of living index in Hazel Crest, IL is 87 (US average = 100). Median monthly rent is $1,439, median household income is $62,773/year, and the median home value is $181,400.
Is Hazel Crest, IL affordable?
Yes, Hazel Crest is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 27.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hazel Crest, IL?
The median gross rent in Hazel Crest, IL is $1,439 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,268.
What is the median household income in Hazel Crest?
The median household income in Hazel Crest, IL is $62,773 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%.