Tinley Park, IL 55+ Active Adult Retirement Communities

2 Communities in Tinley Park

Overview

Tinley Park is a suburban village south of the city of Chicago, known as a growing urban center in its own right. Tinley Park has a long history going back to the 1800s and continues to develop as the area continues to grow.

Climate and Geography

The climate in most of Illinois is categorized as humid continental, meaning that there are four distinct seasons with summers that are hot and humid, and winters that are cold and often very snowy. On average, Tinley Park gets 40 inches of rain and 30 inches of snowfall, as well as about 186 sunny days throughout each year. 

Part of the Great Lakes Plains region, Northern Illinois is primarily made up of flatlands, and the terrain surrounding Tinley Park is mostly suburban, residential neighborhoods interspersed with nature preserves. 

Recreation, Culture, & Entertainment 

Some of the top attractions in Tinley Park include the Fannie May Outlet, Tinley Park Convention Center, Hailstorm Brewing Co., White Water Canyon Water Park, Hollywood Casino Amphitheater, Odyssey Fun World, Smooth & Spicy Spa, the Open Bottle, Crack the Code, and Forest View Farms, to name a few. Furthermore, the community is equipped with a public library, a park district, social service organizations, and regular special events for residents to enjoy.

As part of the Chicagoland metro area, residents can also quickly and easily access all of the renowned shopping, dining, and entertainment options in the city. Downtown Chicago can be reached in less than an hour driving, and there are several public transit options available as well. 

Cost of Living & Taxes

The overall cost of living in Tinley Park is slightly higher than the state and national average. The primary factor is the high cost of transportation, while all other indexes are just below the averages.

The effective income tax rate of Illinois is 4.95 percent for single filers and 4.63 percent for joint filers. Retirement income like Social Security benefits are not taxed and other retirement income like railroad retirement benefits, 401(k)s, traditional pensions, government retirement plans, military pensions, and IRAs are also exempt. 

Homeowners who are 65+ may also be eligible for a homestead exemption and deferment of property tax payments depending on household income. 

Health Care

There are several health care facilities serving the Tinley Park area. High performing and nationally ranked hospitals include Advocate Christ Medical Center, University of Chicago Medical Center, Loyola University Medical Center, Advocate Good Samaritan Hospital, Rush Oak Park Hospital, University of Illinois Hospital, John H. Stroger Jr. Hospital of Cook County, Rush University Medical Center, AMITA Saints Mary and Elizabeth Medical Center Chicago, and Northwestern Memorial Hospital.

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