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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
Housing Overview
Median Home Value
$158,200
44% below
US avg: $281,900
Median Rent
$942/mo
19% below
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
204
Median year built: 1953
Home Value by Source
Census Median
$158,200
Zillow (ZHVI)
$259,704
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.6%
Owner-Occupied
12.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$942/mo
Affordability & Housing Stock
Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
87.6%
Complete Housing Data
Home Values
| Census Median Value | $158,200 |
| Zillow Home Value (ZHVI) | $259,704 |
Rent
| Census Median Rent | $942 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 87.6% |
| Renter-Occupied | 12.4% |
| Homeownership Rate | 87.6% |
| Total Housing Units | 204 |
| Median Year Built | 1953 |
| Rent Burden | 24.2% |