Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 3.5% ▼ 65% below avg |
| College Grads | 55.0% ▲ 42% above avg |
| Unemployment | 0.3% ▼ 94% below avg |
| No HS Diploma | 3 (0.3%) |
| HS Graduate | 208 (24.1%) |
| Some College | 117 (13.5%) |
| Associates | 61 (7.1%) |
| Bachelors | 58 (6.7%) |
| Graduate Degree | 417 (48.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $111,354 ▲ 46% above avg |
|---|---|
| Median Home Value | $197,600 ▼ 29% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $942/mo |
| Total Housing Units | 493 |
| Vacant Units | 8 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Towanda is a city in Illinois, located in McLean County. The city spans 1 ZIP code and is home to approximately 1,208 residents. It is a mature city, with a median age of 46.5 years.
Economically, Towanda is a upper-middle-income community. The median household income of $111,354 is above the national average. Approximately 3.5% of residents live below the poverty line. The unemployment rate is 0.3%, well below the national average.
The real estate market in Towanda is an affordable housing market. Median home values stand at $197,600, which is below the national average. Renters typically pay around $942 per month. Homeownership is high at 89.9%, typical of suburban and family-oriented communities.
The population of Towanda is well-educated. 55.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (95.78%).
Towanda, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61776 | 1,208 | $111,354 | $197,600 | $942 | 0.3% | 55.0% | 89.9% |