Bannockburn vs Tower Lakes

A side-by-side comparison of Bannockburn and Tower Lakes: population, income, housing, and more.

Bannockburn and Tower Lakes are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Tower Lakes has the higher population (1,148 vs 1,125 in Bannockburn). Bannockburn has the higher median household income ($195,625 vs $172,656 in Tower Lakes). Bannockburn has the higher median home value ($1,110,800 vs $495,900 in Tower Lakes).

Population, income & housing

	Bannockburn	Tower Lakes
Population	1,125	1,148
Median age	31.0 yrs	48.8 yrs
Median household income	$195,625	$172,656
Median home value	$1,110,800	$495,900
Median gross rent	—	$2,375
Housing units	257	459
Homeownership rate	88.3%	97.2%
Bachelor's degree or higher	86.7%	77.8%
Unemployment rate	1.9%	3.3%

Trends (ACS 5-year, 2019–2023)

	Bannockburn	Tower Lakes
Population	1,244 → 1,125 (-9.6%)	1,290 → 1,148 (-11.0%)
Median household income	$117,917 → $195,625 (+65.9%)	$147,000 → $172,656 (+17.5%)
Median home value	$971,200 → $1,110,800 (+14.4%)	$481,000 → $495,900 (+3.1%)
Median gross rent	$1,065 → $1,388 (+30.3%)	$2,156 → $2,375 (+10.2%)

Bannockburn

Population

1,2441,125

Median household income

$117,917$195,625

Median home value

$971,200$1,110,800

Median gross rent

$1,065$1,388

Tower Lakes

Population

1,2901,148

Median household income

$147,000$172,656

Median home value

$481,000$495,900

Median gross rent

$2,156$2,375

Age & race/ethnicity

Age distribution (share)

	Bannockburn	Tower Lakes
Under 5	7.4%	3.7%
5 to 17	11.8%	19.7%
18 to 24	26.6%	6.0%
25 to 34	11.8%	6.8%
35 to 44	9.1%	9.1%
45 to 54	8.8%	14.5%
55 to 64	5.5%	16.9%
65 to 74	9.3%	15.7%
75 and over	9.7%	7.6%

Race & ethnicity (share)

	Bannockburn	Tower Lakes
White (non-Hispanic)	71.1%	88.2%
Black or African American	11.1%	1.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	8.5%	2.4%
Native Hawaiian & Pacific Islander	1.7%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.0%	4.6%
Hispanic or Latino	7.6%	3.8%

Educational attainment (age 25+)

Share of adults 25+

	Bannockburn	Tower Lakes
No high school diploma	1.0%	0.0%
High school graduate	2.6%	5.8%
Some college or associate's	9.7%	16.4%
Bachelor's degree	42.8%	44.9%
Graduate or professional degree	43.9%	32.8%

Commute to work

How workers get to work (share)

	Bannockburn	Tower Lakes
Drove alone	48.4%	72.5%
Carpooled	1.1%	1.6%
Public transit	2.2%	3.5%
Walked	24.7%	0.0%
Bicycle	0.0%	0.0%
Worked from home	23.5%	20.2%
Other means	0.2%	2.2%

Housing

Units in structure (share)

	Bannockburn	Tower Lakes
1-unit, detached	91.8%	100.0%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	0.0%
5 to 19 units	8.2%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	0.0%	0.0%

Poverty & households

	Bannockburn	Tower Lakes
Poverty rate	3.2%	3.0%
Average household size	2.84	2.64
Mean commute (minutes)	22	38
Median year structure built	1975	1964