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Towanda, IL

Full City Profile · Illinois · McLean County County

3.4 /5.0
B Good
356 Population 481/sq mi density
$78,611 Median Income $40,371 per capita
$158,200 Home Value $259,704 Zillow
$942 Median Rent 24.2% income on rent
51°F Avg Temperature 275 sunny days/yr
53 Violent Crime/100K 743 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$78,611 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$158,200 home value, $942/mo rent
F
Safety
1.0 / 5.0
53 violent crimes/100K
B
Education
3.3 / 5.0
28.8% bachelor's degree or higher

Income Overview

Median Household Income
$78,611
5% above
US avg: $75,149
Per Capita Income
$40,371
3% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
10.3%
17% below
US avg: 12.4%

Income Comparison: Towanda vs. U.S. Average

Each bar shows Towanda’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$78,611
105%
Per Capita
US: $39,052
$40,371
103%
IRS Avg AGI
US: $72,000
$88,598
123%
Avg Weekly Wage
US: $1,432
$1,273
89%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,273
11% below US avg ($1,432)
Mean Commute Time
22 min
19% below US avg (28 min)
Work From Home
9.2%
39% below US avg (15.2%)
Drive Alone
79.1%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$16,910M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 79.1%
Public Transit 0%
Work From Home 9.2%
Other 11.7%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,357
Restaurants
404
Healthcare
365
Retail
498
Manufacturing
82

Tax & Financial

IRS Avg Adjusted Gross Income
$88,598
23% above US avg ($72,000)
Avg Property Tax
$7,182
105% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$78,611
Per Capita Income$40,371
IRS Avg Adjusted Gross Income$88,598
Avg Weekly Wage$1,273
County GDP$16,910M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate10.3%
Gini Coefficient0.480
Cost of Living Index100.0

Commute

Mean Commute22 minutes
Drive Alone79.1%
Public Transit0.0%
Work From Home9.2%

Businesses

Total Establishments3,357
Restaurants404
Healthcare365
Retail498
Manufacturing82

Tax

IRS Avg AGI$88,598
Avg Property Tax$7,182