Illinois · Census place 75848
Tower Hill village, IL
Quick answer
Tower Hill village has 387 residents, ranking #1005 of 1462 places in Illinois. Median household income is $52,917, the median home is worth $61,300 and median gross rent runs $792 a month.
- Population
- 387Tower Hill village residents
- Median household income
- $52,917Past 12 months, inflation adjusted
- Median home value
- $61,300Owner-occupied units
- Median gross rent
- $792Rent plus utilities, monthly
- Median age
- 38.6 yrsAll residents
- Homeownership rate
- 85%Owner-occupied households
What the numbers mean in Tower Hill village
Housing cost measured against local earnings.
A household earning the Tower Hill village median would spend about 18% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.1% of residents and 85% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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