Towanda, IL
350Residents
$72,500Median household income
$1,000/moMedian gross rent
$158,800Median home value
44.7Median age
29%Adults with a bachelor’s degree or higher
89%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 17% of the median household income in Towanda.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $40,000 a year. In Illinois that leaves roughly $2,695 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.