Timberlane, IL
Population 1,291 · Illinois
About Timberlane, IL
Timberlane is a small town located in Illinois with a population of 1,291 residents according to the latest US Census Bureau American Community Survey data. The median household income is $194,286 per year, which is 159% above the national median of $75,149. The median age of 38.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Timberlane features a median home value of $349,700, which is 43% above the national median of $244,900. This positions Timberlane in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 412 total housing units, 99% are owner-occupied (388 units) and 1% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Timberlane shows an unemployment rate of 14.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Timberlane have an average one-way commute time of 32.8 minutes.
Education & Demographics
49.0% of Timberlane 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 1.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 13.4% Asian residents, with 1.8% of the population being foreign-born.
How Timberlane Ranks in Illinois
Cost of Living in Timberlane, IL
Compared to national averages, Timberlane has a median household income of $194,286 (159% above the national median of $75,149). Home values average $349,700, which is 43% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Timberlane's income is 159% above the state average of $75,072, and home values are 111% above the state median of $165,779.
Why Live in Timberlane, IL?
Timberlane offers a strong local economy with a median household income of $194,286, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 49.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.7%, better than the national average.
Timberlane has a population of 1,291 with a median age of 38.9 years. Compare Timberlane with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Timberlane
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Louisville | 1,288 | $44,318 | $86,300 | Compare |
| Phoenix | 1,284 | $25,703 | $86,300 | Compare |
| Westlake Village | 1,282 | $143,424 | $210,900 | Compare |
| Herscher | 1,302 | $100,833 | $198,200 | Compare |
| Clifton | 1,279 | $69,276 | $184,100 | Compare |
| Bunker Hill | 1,305 | $72,893 | $133,700 | Compare |
| Long Creek | 1,309 | $83,214 | $165,800 | Compare |
| Sheldon | 1,309 | $43,942 | $75,200 | 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 Timberlane With Other Cities
Frequently Asked Questions about Timberlane
What is the population of Timberlane, IL?
The population of Timberlane, IL is 1,291 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 Timberlane?
The median household income in Timberlane, IL is $194,286 per year, which is 159% above the national median of $75,149.
What is the median home value in Timberlane?
The median home value in Timberlane, IL is $349,700, which is 43% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Timberlane?
The median monthly rent in Timberlane, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Timberlane?
The unemployment rate in Timberlane, IL is 14.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Timberlane, IL a good place to live?
Timberlane offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,291 and a median age of 38.9, the city appeals to a broad range of residents.
How educated is Timberlane, IL?
49.0% of residents in Timberlane 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 Timberlane?
Key cost-of-living indicators for Timberlane, IL: median home value is $349,700 (43% above national), median rent is $0/month, and median household income is $194,286. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Timberlane?
The poverty rate in Timberlane, IL is 0.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Timberlane, IL?
Timberlane's population is 1.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 13.4% Asian, and 3.6% two or more races. 1.8% of residents are foreign-born.