Living in Tower Hill, Illinois
Cost of living, income, home prices, rent and demographics of Tower Hill · Census data 2020–2024
Tower Hill has 422 residents with a median age of 41.4. The median household income is $53,352 (36% lower than the Illinois median), the median home value is $68,300, the median rent is $783/month.
Tower Hill is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Tower Hill at a glance
- Population
- 422
- Median age
- 41.4State: 39
- Median household income
- $53,352State: $83,390
- Median home value
- $68,300State: $263,300
- Median rent
- $783/moState: $1,274
- Homeowners
- 84%
- Bachelor's degree or higher
- 4.9%
- Average commute
- 18 min
Is Tower Hill a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 18 minutes; unemployment of 3.8%.
Cons: Median household income 36% lower than the Illinois median; a poverty rate of 13%.
The weather is best in May and August to October.
Cost of living in Tower Hill
Housing is the biggest part of the cost of living. In Tower Hill the median home value is $68,300, 79% lower than the U.S. median. Renters pay a median of $783 per month, which is 20% of household income. Homeowners with a mortgage pay $1,012 a month in housing costs.
Tower Hill median household income
The median household income in Tower Hill is $53,352 and the income per person is $20,608. 13% of residents live below the poverty line (Illinois: 11.8%).
Housing in Tower Hill: homes for sale and rent
- Housing units
- 195
- Owner-occupied
- 84%
- Renter-occupied
- 16%
- Vacant
- 16.4%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.59
Tower Hill demographics
- Population
- 422
- Median age
- 41.4
- Under 18
- 26.5%
- 65 and older
- 23.2%
- Households
- 163
- Foreign-born
- 0%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Tower Hill ›
Education in Tower Hill
4.9% of adults 25 and older in Tower Hill have a bachelor's degree or higher (Illinois: 37.8%), and 2.1% have a graduate or professional degree.
Jobs and commute in Tower Hill
- Unemployment rate
- 3.8%State: 5.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 7.9%
- Drive alone
- 84.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84%
Tower Hill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tower Hill | 422 | $53,352 | $68,300 | $783 |
| Pana | 5,217 | $46,168 | $77,900 | $684 |
| Shelbyville | 4,351 | $52,470 | $116,400 | $767 |
| Assumption | 1,205 | $57,500 | $89,700 | $693 |
| Oconee | 193 | $74,750 | $91,300 | $850 |
| Cowden | 534 | $62,031 | $77,000 | $698 |
| Herrick | 333 | $53,750 | $73,800 | $850 |
| Owaneco | 613 | $65,313 | $101,700 | $815 |
| Findlay | 674 | $55,417 | $88,000 | $813 |
More for people moving to Tower Hill
Tower Hill ZIP code ›Weather and climate ›Living in Tower Hill: FAQ
What is the median household income in Tower Hill, IL?
The median household income in Tower Hill is $53,352, 36% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Tower Hill?
The median home value in Tower Hill is $68,300, compared with $263,300 in Illinois.
How much is rent in Tower Hill?
The median gross rent in Tower Hill is $783 per month, about 20% of household income.
Is Tower Hill, IL a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 18 minutes; unemployment of 3.8%. Minuses: median household income 36% lower than the Illinois median; a poverty rate of 13%.
What is the median age in Tower Hill?
The median age in Tower Hill is 41.4 years (Illinois: 39).
How long is the commute in Tower Hill?
The average commute to work in Tower Hill is 18 minutes; 7.9% of workers work from home.
What is the unemployment rate in Tower Hill?
The unemployment rate in Tower Hill is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tower Hill?
4.9% of adults in Tower Hill have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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