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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

Change Over Time (2013–2023)

Population Change
-12.5%
488 → 427
over 10 years
Annual Pop. Growth
-1.33%
Compound annual growth rate
Median Income Change
+27.9%
$61,458 → $78,611
nominal, not inflation-adjusted
Annual Income Growth
+2.49%
Compound annual growth rate

Population Over Time

Total population for Towanda across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
389
-38 from 2023 (427)
Projected Median Income 2030
$93,380
+$14,769 from 2023 ($78,611)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 488 $61,458
2015 475 -2.7% $52,813 -14.1%
2017 469 -1.3% $53,125 +0.6%
2019 462 -1.5% $62,917 +18.4%
2021 426 -7.8% $65,938 +4.8%
2023 427 +0.2% $78,611 +19.2%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.