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
Housing Overview
Median Home Value
$495,900
76% above
US avg: $281,900
Median Rent
$2,375/mo
104% above
US avg: $1,163/mo
Homeownership Rate
97.2%
49% above US avg (65.4%)
Total Housing Units
485
Median year built: 1966
Home Value by Source
Census Median
$495,900
Zillow (ZHVI)
$618,996
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.2%
Owner-Occupied
2.8%
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:
$2,375/mo
Affordability & Housing Stock
Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
97.2%
Complete Housing Data
Home Values
| Census Median Value | $495,900 |
| Zillow Home Value (ZHVI) | $618,996 |
Rent
| Census Median Rent | $2,375 |
| 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 | 97.2% |
| Renter-Occupied | 2.8% |
| Homeownership Rate | 97.2% |
| Total Housing Units | 485 |
| Median Year Built | 1966 |
| Rent Burden | 23.3% |