Tower Hill, IL
Full City Profile · Illinois · Shelby County County
3.2
/5.0
B
Good
387
Population
383/sq mi density
$52,917
Median Income
$20,747 per capita
$61,300
Home Value
$158,179 Zillow
$792
Median Rent
24.2% income on rent
54°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$52,917 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$61,300 home value, $792/mo rent
F
Education
1.4 / 5.0
5.4% bachelor's degree or higher
Housing Overview
Median Home Value
$61,300
78% below
US avg: $281,900
Median Rent
$792/mo
32% below
US avg: $1,163/mo
Homeownership Rate
85.0%
30% above US avg (65.4%)
Total Housing Units
219
Median year built: 1971
Home Value by Source
Census Median
$61,300
Zillow (ZHVI)
$158,179
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.0%
Owner-Occupied
15.0%
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:
$792/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
1971
Average age of housing stock: 55 years
Homeownership Rate
85.0%
Complete Housing Data
Home Values
| Census Median Value | $61,300 |
| Zillow Home Value (ZHVI) | $158,179 |
Rent
| Census Median Rent | $792 |
| 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 | 85.0% |
| Renter-Occupied | 15.0% |
| Homeownership Rate | 85.0% |
| Total Housing Units | 219 |
| Median Year Built | 1971 |
| Rent Burden | 24.2% |