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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

Change Over Time (2013–2023)

Population Change
-5.1%
1,275 → 1,210
over 10 years
Annual Pop. Growth
-0.52%
Compound annual growth rate
Median Income Change
+14.5%
$150,833 → $172,656
nominal, not inflation-adjusted
Annual Income Growth
+1.36%
Compound annual growth rate

Population Over Time

Total population for Tower Lakes 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
1,167
-43 from 2023 (1,210)
Projected Median Income 2030
$189,779
+$17,123 from 2023 ($172,656)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 1,275 $150,833
2015 1,265 -0.8% $152,917 +1.4%
2017 1,251 -1.1% $149,063 -2.5%
2019 1,229 -1.8% $147,000 -1.4%
2021 1,217 -1% $148,750 +1.2%
2023 1,210 -0.6% $172,656 +16.1%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.