All Countries
Tower Lakes, IL
Full City Profile · Illinois · McHenry County County
5.0
/5.0
A+
Excellent
1,148
Population
1,248/sq mi density
$172,656
Median Income
$74,172 per capita
$495,900
Home Value
$618,996 Zillow
$2,375
Median Rent
23.3% income on rent
48°F
Avg Temperature
260 sunny days/yr
A+
Overall
5.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$172,656 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$495,900 home value, $2,375/mo rent
A+
Education
5.0 / 5.0
77.8% bachelor's degree or higher
Income Overview
Median Household Income
$172,656
130% above
US avg: $75,149
Per Capita Income
$74,172
90% above
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
3.0%
76% below
US avg: 12.4%
Income Comparison: Tower Lakes vs. U.S. Average
Each bar shows Tower Lakes’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$172,656
230%
Per Capita
US: $39,052
$74,172
190%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
38 min
37% above US avg (28 min)
Work From Home
20.2%
33% above US avg (15.2%)
Drive Alone
72.6%
1% below US avg (73.2%)
Public Transit
3.5%
31% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.6%
Public Transit
3.5%
Work From Home
20.2%
Other
3.7%
Average commute time
38 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432
Tax & Financial
IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% 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 | $172,656 |
| Per Capita Income | $74,172 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 2.1% |
| Poverty Rate | 3.0% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 38 minutes |
| Drive Alone | 72.6% |
| Public Transit | 3.5% |
| Work From Home | 20.2% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |