Median Income
$67,500
household / year
Median Home Value
$160,800
owner-occupied
Median Rent
$863
gross / month
Cost of Living
92
national avg = 100

Is Towanda, IL a Good Place to Live?

Towanda is a small town of 426 in Illinois, with a median household income of $67,500 and a 0.8% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Towanda stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Towanda is right for you depends on your priorities — the full breakdown is below.

All Towanda city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.0

Towanda's overall cost of living index is 92.0, where 100 represents the US national average. Living in Towanda costs roughly 8% less than the average American city.

Metric Towanda, IL National Avg
Median Home Value $160,800 $244,900
Median Monthly Rent $863 $1,163
Homeownership Rate 80.9% 65.9%
Median Household Income $67,500 $74,755

Crime & Safety

Very Safe

Towanda's violent crime rate is 104.4 per 100,000 residents — 73% lower than the national average of ~380 per 100,000.

Violent Crime
104.4 /100k
Property Crime
500.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Towanda is served primarily by McLean County USD 5. The student-to-teacher ratio is 14.4:1 (better than the national average of ~16:1).

Metric Towanda, IL National Avg
School District McLean County USD 5
Elementary Schools 16
Middle Schools 4
High Schools 5
Student/Teacher Ratio 14.4:1 16:1
Bachelor's Degree or Higher 24.4% 35.4%
High School Diploma or Higher 96.6% 91.1%

Weather & Climate

Towanda sees average highs of 33.4°F in January and 86.0°F in July, with 38.4 inches of annual precipitation and 20.1 inches of snow per year.

MetricTowanda, IL
Average High — January33.4°F
Average High — July86.0°F
Annual Precipitation38.4"
Annual Snowfall20.1"

Demographics

MetricTowanda, ILNational Avg
Population426
Median Age42.038.9
Unemployment Rate0.8%3.7%
Avg Commute Time21.4 min26 min
White (non-Hispanic)99.1%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1818.3%22.2%
65 and over17.6%16.8%

Nearby Cities

ZIP Codes in Towanda

Towanda, IL is covered by 1 ZIP code:

Towanda vs Other Cities

Frequently Asked Questions

Towanda's cost of living index is 92, where 100 is the national average. That makes Towanda roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $160,800 and median rent is $863/month.
Towanda's violent crime rate is 104.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 500.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Towanda are operated by McLean County USD 5. The district has 16 elementary, 4 middle, and 5 high schools. The student-to-teacher ratio is 14.4:1. 24.4% of adults 25+ hold a bachelor's degree or higher.
Towanda, IL has a population of 426, a median household income of $67,500, and an unemployment rate of 0.8%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Towanda averages 33.4°F in January and 86.0°F in July. Annual rainfall is 38.4 inches with about 20.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Towanda, IL is covered by 1 ZIP code: 61776.
The population of Towanda, Illinois is 426 with a median age of 42.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Towanda: cost of living index 92 (100 = US average), median home $160,800, median household income $67,500, crime index 26 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Towanda side by side with your current city to see the trade-offs.