Also See Towanda, IL: ZIP Codes & Maps
The Village of Towanda had a population of 474 as of July 1, 2023.
The primary coordinate point for Towanda is located at latitude 40.5639 and longitude -88.899 in McLean County. The formal boundaries for the Village of Towanda encompass a land area of 0.75 sq. miles and a water area of 0 sq. miles. McLean County is in the Central time zone (GMT -6).
The Village of Towanda has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Towanda is located within Township of Towanda, a minor civil division (MCD) of McLean County.
POPULATION | |
---|---|
Total Population | 474 (100%) |
Population in Households | 474 (100.0%) |
Population in Families | 355 (74.9%) |
Population in Group Quarters1 | 0 |
Population Density | 637 |
Diversity Index2 | 26 |
INCOME | |
Median Household Income | $111,873 |
Average Household Income | $161,114 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $67,980 |
Wealth Index5 | 201 |
Socioeconomic Status Index6 | Moderate (61.8) |
HOUSING | |
---|---|
Total HU (Housing Units) | 224 (100%) |
Owner Occupied HU | 174 (77.7%) |
Renter Occupied HU | 26 (11.6%) |
Vacant Housing Units | 24 (10.7%) |
Median Home Value | $275,000 |
Average Home Value | $321,408 |
Housing Affordability Index3 | 137 |
HOUSEHOLDS | |
Total Households | 200 |
Average Household Size | 2.37 |
Family Households | 117 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 2.97% | 0.38% |
Households | 0.94% | 0.59% |
Families | 0.67% | |
Median Household Income | 1.91% | |
Per Capita Income | 3.23% | |
Owner Occupied HU | 1.34% |
The table below compares Towanda to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 934 | 36th |
Population Density | # 979 | 33rd |
Median Household Income | # 90 | 94th |
Housing Affordability Index | # 695 | 47th |
Per Capita Income | # 45 | 97th |
Diversity Index | # 563 | 62nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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