Also See Barrington, IL: ZIP Codes & Maps
The Village of Tower Lakes had a population of 1,202 as of July 1, 2023.
The primary coordinate point for Tower Lake is located at latitude 42.232 and longitude -88.152 in Lake County. The formal boundaries for the Village of Tower Lakes encompass a land area of 0.91 sq. miles and a water area of 0.13 sq. miles. Lake County is in the Central time zone (GMT -6).
The Village of Tower Lakes 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 Tower Lakes is located within Township of Cuba, a minor civil division (MCD) of Lake County.
POPULATION | |
---|---|
Total Population | 1,202 (100%) |
Population in Households | 1,202 (100.0%) |
Population in Families | 1,101 (91.6%) |
Population in Group Quarters1 | 0 |
Population Density | 1,308 |
Diversity Index2 | 31 |
INCOME | |
Median Household Income | $155,232 |
Average Household Income | $235,505 |
% of Income for Mortgage4 | 19% |
Per Capita Income | $81,702 |
Wealth Index5 | 317 |
Socioeconomic Status Index6 | High (69.8) |
HOUSING | |
---|---|
Total HU (Housing Units) | 439 (100%) |
Owner Occupied HU | 397 (90.4%) |
Renter Occupied HU | 20 ( 4.6%) |
Vacant Housing Units | 22 ( 5.0%) |
Median Home Value | $482,990 |
Average Home Value | $513,413 |
Housing Affordability Index3 | 112 |
HOUSEHOLDS | |
Total Households | 417 |
Average Household Size | 2.88 |
Family Households | 354 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.61% | -0.50% |
Households | -0.07% | -0.19% |
Families | -0.51% | |
Median Household Income | 1.08% | |
Per Capita Income | 1.52% | |
Owner Occupied HU | -0.15% |
The table below compares Tower Lake 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 | # 636 | 57th |
Population Density | # 521 | 64th |
Median Household Income | # 27 | 98th |
Housing Affordability Index | # 443 | 30th |
Per Capita Income | # 24 | 98th |
Diversity Index | # 492 | 66th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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