Tower Hill, IL
Population 387 · Illinois
About Tower Hill, IL
Tower Hill is a small community located in Illinois with a population of 387 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,917 per year, which is 30% below the national median of $75,149. The median age of 38.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Tower Hill features a median home value of $61,300, which is 75% below the national median of $244,900. This makes Tower Hill one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $792, 32% below the national average of $1,163/month. Of the 189 total housing units, 85% are owner-occupied (119 units) and 15% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Tower Hill shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 19.1%, above the national average of 12.4%. Workers in Tower Hill have an average one-way commute time of 18 minutes, one of the shorter commutes in the region.
Education & Demographics
5.4% of Tower Hill residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 13.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Tower Hill, IL
Compared to national averages, Tower Hill has a median household income of $52,917 (30% below the national median of $75,149). Home values average $61,300, which is 75% below the national median. Monthly rent at $792 is 32% below the US average of $1,163. Within Illinois, Tower Hill's income is 30% below the state average of $75,072, and home values are 63% below the state median of $165,779.
Why Live in Tower Hill, IL?
Tower Hill offers affordable housing with a median home value of $61,300, below the US average of $244,900, and rent that’s lower than the national average at $792/month, and short commute times averaging just 18 minutes.
Potential considerations include median household income ($52,917) that falls below the national average. However, Tower Hill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tower Hill has a population of 387 with a median age of 38.6 years. Compare Tower Hill with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Tower Hill
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Prairie City | 386 | $36,250 | $80,400 | Compare |
| Stonefort | 389 | $53,365 | $83,300 | Compare |
| Cameron | 383 | $57,614 | $110,400 | Compare |
| Armington | 382 | $56,250 | $100,000 | Compare |
| Arrowsmith | 381 | $85,592 | $101,200 | Compare |
| Fayetteville | 381 | $56,458 | $85,300 | Compare |
| Alto Pass | 380 | $59,583 | $106,800 | Compare |
| Belle Rive | 380 | $55,577 | $82,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Tower Hill With Other Cities
Frequently Asked Questions about Tower Hill
What is the population of Tower Hill, IL?
The population of Tower Hill, IL is 387 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Tower Hill?
The median household income in Tower Hill, IL is $52,917 per year, which is 30% below the national median of $75,149.
What is the median home value in Tower Hill?
The median home value in Tower Hill, IL is $61,300, which is 75% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Tower Hill?
The median monthly rent in Tower Hill, IL is $792, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Tower Hill?
The unemployment rate in Tower Hill, IL is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Tower Hill, IL a good place to live?
Tower Hill offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 387 and a median age of 38.6, the city appeals to a broad range of residents.
How educated is Tower Hill, IL?
5.4% of residents in Tower Hill aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Tower Hill?
Key cost-of-living indicators for Tower Hill, IL: median home value is $61,300 (75% below national), median rent is $792/month, and median household income is $52,917. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Tower Hill?
The poverty rate in Tower Hill, IL is 19.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Tower Hill, IL?
Tower Hill's population is 0.0% White, 13.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.