Indian Head Park, IL
Population 3,992 · Illinois
About Indian Head Park, IL
Indian Head Park is a small town located in Illinois with a population of 3,992 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,019 per year, which is 42% above the national median of $75,149. The median age of 52.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Indian Head Park features a median home value of $337,700, which is 38% above the national median of $244,900. This positions Indian Head Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,731, 49% above the national average of $1,163/month. Of the 1,838 total housing units, 88% are owner-occupied (1,569 units) and 12% are renter-occupied (210 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Indian Head Park shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Indian Head Park have an average one-way commute time of 26.9 minutes.
Education & Demographics
54.0% of Indian Head Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 8.6% White, 2.3% Hispanic or Latino, 0.2% Black or African American, and 4.3% Asian residents, with 10.5% of the population being foreign-born.
Cost of Living in Indian Head Park, IL
Compared to national averages, Indian Head Park has a median household income of $107,019 (42% above the national median of $75,149). Home values average $337,700, which is 38% above the national median. Monthly rent at $1,731 is 49% above the US average of $1,163. Within Illinois, Indian Head Park's income is 43% above the state average of $75,072, and home values are 104% above the state median of $165,779.
Why Live in Indian Head Park, IL?
Indian Head Park offers a strong local economy with a median household income of $107,019, well above the national average, and a well-educated community where 54.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.3%, better than the national average.
Indian Head Park has a population of 3,992 with a median age of 52.8 years. Compare Indian Head Park with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Indian Head Park
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Riverwoods | 3,988 | $243,036 | $796,100 | Compare |
| Marshall | 3,987 | $70,950 | $118,500 | Compare |
| Burnham | 3,978 | $55,708 | $146,400 | Compare |
| Millstadt | 4,013 | $94,536 | $205,400 | Compare |
| Rosewood Heights | 4,047 | $80,753 | $125,900 | Compare |
| South Chicago Heights | 3,934 | $56,250 | $136,000 | Compare |
| Barrington Hills | 3,923 | $186,667 | $781,600 | Compare |
| Dupo | 3,914 | $57,899 | $109,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Indian Head Park With Other Cities
Frequently Asked Questions about Indian Head Park
What is the population of Indian Head Park, IL?
The population of Indian Head Park, IL is 3,992 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Indian Head Park?
The median household income in Indian Head Park, IL is $107,019 per year, which is 42% above the national median of $75,149.
What is the median home value in Indian Head Park?
The median home value in Indian Head Park, IL is $337,700, which is 38% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Indian Head Park?
The median monthly rent in Indian Head Park, IL is $1,731, which is 49% above the national average of $1,163/month.
What is the unemployment rate in Indian Head Park?
The unemployment rate in Indian Head Park, IL is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Indian Head Park, IL a good place to live?
Indian Head Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,992 and a median age of 52.8, the city appeals to established professionals and retirees.
How educated is Indian Head Park, IL?
54.0% of residents in Indian Head Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Indian Head Park?
Key cost-of-living indicators for Indian Head Park, IL: median home value is $337,700 (38% above national), median rent is $1,731/month, and median household income is $107,019. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Indian Head Park?
The poverty rate in Indian Head Park, IL is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Indian Head Park, IL?
Indian Head Park's population is 8.6% White, 2.3% Hispanic or Latino, 0.2% Black or African American, 4.3% Asian, and 1.8% two or more races. 10.5% of residents are foreign-born.