Tower Lakes employment information

IndexTower LakesIllinoisNational
Income per capita$76,145$31,502$29,829
Median household income$172,946$59,196$55,322
Median income owner occupied$173,333$75,354$70,586
Median income renter occupied$0$34,488$35,192
Median earnings male$91,477$40,474$36,919
Median earnings female$33,750$27,197$26,250
Unemployment rate3.0%5.3%4.7%
Poverty level3.0%14.0%15.1%
The Tower Lakes, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Tower Lakes is $76,145, which is 142% higher than than the Illinois average and 155% higher than than the national average. The median household income is $172,946, which is 192% higher than than the Illinois average and 213% higher than than the national average. The unemployment rate in Tower Lakes is 3%, which is 35% lower than than the national average. The poverty rate in Tower Lakes is 3% which is 80% lower than than the national average.

am i middle class

$Input your household income
$115,285$172,946$345,892
City
$39,460$59,196$118,392
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Tower Lakes is 155% higher than the national average.
  • The median household income in Tower Lakes is 213% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Tower Lakes is 35% lower than the national average.
  • The poverty level in Tower Lakes is 80% lower than the national average.

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Compare Tower Lakes, IL Employment To Other Cities

Employment status

Hours worked per week

Tower Lakes median earnings by income bracket

Tower Lakes employment by industry

Labour TypeMaleFemale
Construction industry7.4%1.4%
Manufacturing sector12.3%3.3%
Financial & insurance services14.7%15.0%
Wholesale & retail services24.2%21.0%
Public administration0.9%0.0%
Transportation, warehousing & utilities2.8%1.4%
Education, health & social services9.8%22.9%
Other27.9%26.2%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Riverwoods, IL3,759$187,857240%
Long Grove, IL8,065$184,208233%
South Barrington, IL4,766$184,141233%
Inverness, IL7,844$172,949213%
Kildeer, IL3,976$166,790201%
Tower Lakes, IL1,149$172,946213%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Fairview Park, IN1,149$48,26413%
Yarrow Point, WA1,149$213,750286%
McKinney Acres, TX1,149$50,2089%
Oljato-Monument Valley, UT1,150$26,05853%
Parklawn, CA1,150$31,30243%
Tower Lakes, IL1,149$172,946213%
Source: The Tower Lakes, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).