Towanda

Population: 356
Median household income: $78,611
Median home value: $158,200

Located in McLean County, Illinois, Towanda is a community with a population of 356. Its median household income of $78,611 runs in line with the McLean County figure of $78,329.

Between 2019 and 2023, Towanda's population declined 18.3% from 436 to 356, while its median home value rose 15.3% from $137,200 to $158,200.

86.0% of homes are single-family detached houses. The typical home was built around 1954.

Demographics

ACS 2019–2023

Population: 356
Median age: 45.5 yrs
Median household income: $78,611
Median home value: $158,200
Median gross rent: $942
Housing units: 178
Homeownership rate: 87.6%
Bachelor's degree or higher: 28.8%
Unemployment rate: 1.0%

Trends

ACS 5-year · 2019–2023

Population

436356

Median household income

$62,917$78,611

Median home value

$137,200$158,200

Median gross rent

$721$942

Year	Population	Median household income	Median home value	Median gross rent
2019	436	$62,917	$137,200	$721
2020	341	$59,250	$145,100	$733
2021	376	$65,938	$150,300	$770
2022	426	$67,500	$160,800	$863
2023	356	$78,611	$158,200	$942

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.9%

5 to 1710.4%

18 to 2411.5%

25 to 3410.4%

35 to 4411.8%

45 to 5415.7%

55 to 6414.6%

65 to 749.3%

75 and over10.4%

	Count	Share
Under 5	21	5.9%
5 to 17	37	10.4%
18 to 24	41	11.5%
25 to 34	37	10.4%
35 to 44	42	11.8%
45 to 54	56	15.7%
55 to 64	52	14.6%
65 to 74	33	9.3%
75 and over	37	10.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	352	98.9%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	4	1.1%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma4.3%

High school graduate38.9%

Some college or associate's28.0%

Bachelor's degree24.9%

Graduate or professional degree3.9%

	Count	Share
No high school diploma	11	4.3%
High school graduate	100	38.9%
Some college or associate's	72	28.0%
Bachelor's degree	64	24.9%
Graduate or professional degree	10	3.9%

Commute to work

Mean travel time to work: 22 min

Drove alone79.1%

Carpooled7.7%

Public transit0.0%

Walked1.0%

Bicycle0.0%

Worked from home9.2%

Other means3.1%

How workers get to work

	Count	Share
Drove alone	155	79.1%
Carpooled	15	7.7%
Public transit	0	0.0%
Walked	2	1.0%
Bicycle	0	0.0%
Worked from home	18	9.2%
Other means	6	3.1%

Travel time

	Count	Share
Under 15 min	60	33.7%
15 to 29 min	93	52.2%
30 to 44 min	4	2.2%
45 to 59 min	4	2.2%
60+ min	17	9.6%

Households

Average household size: 2.09
Poverty rate: 11.8% (42 of 356)

	Count	Share
Family households	87	51.2%
Nonfamily households	83	48.8%

Housing

Median year structure built: 1954

Occupancy

	Count	Share
Occupied	170	95.5%
Vacant	8	4.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	149	87.6%
Renter-occupied	21	12.4%

1-unit, detached86.0%

1-unit, attached5.6%

2 to 4 units6.7%

5 to 19 units1.7%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	153	86.0%
1-unit, attached	10	5.6%
2 to 4 units	12	6.7%
5 to 19 units	3	1.7%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1775822
Type (LSAD): 47
Land area: 0.74 sq mi
Water area: 0 sq mi
Center point: 40.5634, -88.9007