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CITY · 2010 ACS

Tower Lakes

Illinois · 1,283 residents · 0.919 sq mi
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The short version

Tower Lakes is significantly wealthier than the US average, with a median household income of $144,625. Population has held roughly steady since 2000. 65% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has risen by half since 2000, reaching $563,400. With a median age of 43.7, the population is older than the US median of 37.2. Households here earn about 159% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 43.7
US median: 37.2
More educated
65% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,283
−2%since 2000
from 1,310 in 2000
1990 – 2025
Population density
1,396 / sq mi
−2%since 2000
from 1,425 / sq mi in 2000
US average: 261
Median age
43.7
+5%since 2000
from 41.5 in 2000
US average: 37.2
Population, 1990 – 2024
1K1K1K1K2K1990201020202024Tower Lakes
20241K
1990201020202024
Section 02

Income & economy

Median household income
$144,625
−12%inflation adjusted, since 2000
from $130,388 in 2000
US average: $52,703
1990 – 2024
Per capita income
$60,245
+16%since 2000
from $52,025 in 2000
US average: $27,286
Households earning $100K+
81.6%
+2.3 ptssince 2009
from 79.4% in 2009
US average: 33.3%
Poverty rate
0.5%
−1.6 ptssince 2000
from 2.1% in 2000
US average: 13.8%
Income inequality (Gini)
0.402
US average: 0.461
Workforce by industry, 2010
Information15.5%
US avg: 11.5%
Other services15.4%
US avg: 7%
Retail trade11.7%
US avg: 10.9%
Public administration9.8%
US avg: 4.9%
Transportation & warehousing5.3%
US avg: 3.1%
Wholesale trade4%
US avg: 7.2%
Arts, entertainment, food3.5%
US avg: 2.4%
Finance & insurance2.6%
US avg: 5.1%
Professional, scientific, technical2.6%
US avg: 4.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$563,400
+25%inflation adjusted, since 2000
from $356,700 in 2000
US average: $225,659
1990 – 2024
Owner-occupied
77.3%
−21.4 ptssince 2000
from 98.7% in 2000
1.7% rent
Vacancy rate
0.4%
−2.1 ptssince 2009
from 2.5% in 2009
US average: 12.1%
Owner cost-burdened
36.7%
−0.9 ptssince 2009
from 37.6% in 2009
US average: 30.9%
Renter cost-burdened
0.0%
US average: 46.8%
Afford Score
3.9
+42%since 2000
from 2.7 in 2000
1990 – 2024
RELATED:See current rent listings in Tower Lakes on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.6%(1,266)
Black0.3%(4)
Hispanic / Latino1.4%(18)
Asian0.8%(10)
Other0%
Diversity Score6.1%(79)
2010
White, non-Hispanic92.4%(1,185)
Black0.6%(8)
Hispanic / Latino3.4%(44)
Asian1.7%(22)
Other0%(0)
Diversity Score14.1%(180)
Diversity Score
14
+132%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
65.5%
+1.0 ptssince 2000
from 64.5% in 2000
US average: 27.9%
High school or higher
98.3%
−0.4 ptssince 2000
from 98.7% in 2000
US average: 84.9%
Graduate degree
28.3%
+0.2 ptssince 2000
from 28.1% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
36.2 min
+11%since 2000
from 32.7 min in 2000
US average: 25.2
Drive alone to work
79.3%
+0.9 ptssince 2009
from 78.3% in 2009
US average: 76.2%
Carpooled to work
3.2%
+1.1 ptssince 2009
from 2.2% in 2009
US average: 10.4%
Public transit
5.0%
−3.3 ptssince 2009
from 8.3% in 2009
US average: 4.7%
Worked from home
10.0%
Unchangedsince 2009
from 10.0% in 2009
US average: 4.1%
Walked to work
2.1%
+1.3 ptssince 2009
from 0.7% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
1.7%
+1.7 ptssince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
5.0%
+0.2 ptssince 2009
from 4.8% in 2009
US average: 12.9%
Management & professional
54.0%
−18.6 ptssince 2009
from 72.6% in 2009
US average: 35.2%
Section 08

People & community

Male
48.3%
−1.7 ptssince 2009
from 49.9% in 2009
Female
51.7%
+1.7 ptssince 2009
from 50.1% in 2009
Foreign born
9.5%
−0.8 ptssince 2009
from 10.3% in 2009
US average: 12.8%
Veterans
9.7%
−39.9 ptssince 2009
from 49.6% in 2009
US average: 9.9%
Drill deeper

Places similar to Tower Lakes

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Pop 1,133
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Pop 1,309
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Pop 1,014
Southport
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Head to head

Compare Tower Lakes to nearby cities

TOWER LAKES VS
Wauconda
Income$111,239−23%
Home value$278,600−51%
Population13,993+1065%
SEE FULL COMPARISON →
TOWER LAKES VS
Lake Zurich
Income$135,968−6%
Home value$435,300−23%
Population19,868+1554%
SEE FULL COMPARISON →
TOWER LAKES VS
Island Lake
Income$103,156−29%
Home value$262,500−53%
Population8,047+570%
SEE FULL COMPARISON →
TOWER LAKES VS
Hawthorn Woods
Income$219,631+52%
Home value$619,100+10%
Population9,679+706%
SEE FULL COMPARISON →
Frequently asked

How many people live in Tower Lakes, Illinois?

Tower Lakes, Illinois has about 1,283 residents according to the 2010 American Community Survey.

What is the median household income in Tower Lakes, Illinois?

The typical household in Tower Lakes, Illinois earns about $144,625 a year. Half of households make more than that, and half make less.

Is Tower Lakes, Illinois expensive?

In Tower Lakes, Illinois, the median home is worth about $563,400.

How educated are people in Tower Lakes, Illinois?

About 65.5% of adults age 25 and over in Tower Lakes, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Tower Lakes, Illinois?

About 0.5% of people in Tower Lakes, Illinois live below the federal poverty line.

Has Tower Lakes, Illinois grown since 1990?

Yes, Tower Lakes, Illinois has shrunk since 1990. The population has lost about 50 residents, a change of about -4 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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