Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 58.4 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 15.7% ▲ 57% above avg |
| College Grads | 18.8% ▼ 51% below avg |
| Unemployment | 7.4% ▲ 51% above avg |
| No HS Diploma | 12 (1.2%) |
| HS Graduate | 595 (58%) |
| Some College | 103 (10%) |
| Associates | 122 (11.9%) |
| Bachelors | 118 (11.5%) |
| Graduate Degree | 75 (7.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,462 ▲ 9% above avg |
|---|---|
| Median Home Value | $143,500 ▼ 49% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $783/mo |
| Total Housing Units | 659 |
| Vacant Units | 83 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Tower Hill is a city in Illinois, located in Shelby County. The city spans 1 ZIP code and is home to approximately 1,325 residents. It is an older city, with a median age of 58.4 years.
Economically, Tower Hill is a middle-income community. The median household income of $83,462 is near the national average. Approximately 15.7% of residents live below the poverty line. The unemployment rate is 7.4%, significantly above the national average.
The real estate market in Tower Hill is one of the more affordable housing markets in the country. Median home values stand at $143,500, which is below the national average. Renters typically pay around $783 per month. Homeownership is high at 77.6%, typical of suburban and family-oriented communities.
The population of Tower Hill is less-educated. 18.8% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (93.36%).
Tower Hill, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62571 | 1,325 | $83,462 | $143,500 | $783 | 7.4% | 18.8% | 77.6% |