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Living In Tower Lakes, IL

Tower Lakes, a small town in Illinois, has a population of just over 1,000. Retirees are a common sight, as they make up 19% of the population compared to 14% nationally, while young professionals are less well-represented. With an average age of just over 42, the town's population is older than most cities in Illinois. Renters tend to be in the minority in Tower Lakes, and 93% of residents own their homes. With an average rent of $1,203/month, exceeding the state average by $152 per month, relatively high rent costs could be a contributing factor in the higher levels of ownership.

There are three primary industries in Tower Lakes: retail, finance, and scientific. Together, these industries account for 19% of the labor force in the town. Meanwhile, in terms of job function, 12% of the town's population works in management, which ranks as the top field in the town. With an average annual income of around $137K, Tower Lakes workers take home around $60,000 more than their peers elsewhere in Illinois. Tower Lakes's average income also compares favorably to the national average of $73,345. Tower Lakes has a large number of residents over the age of 25 with advanced degrees compared to the national average (7%), as 13% have earned a Master's degree or a Doctorate. Furthermore, 28% possess a Bachelor's degree, which also outpaces the national average.

With an average commute time of about 42 minutes, longer than most cities in Illinois, Tower Lakes residents are well aware that traveling to work takes some patience. Many residents (32%) drive their car or truck to work, while public transit is used by only 5% of the population. Few commuters walk to work.

Frequently Asked Questions About Tower Lakes

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You can virtually tour any apartment by using our Tower Lakes, IL Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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