Income/capita 155%
Household income 213%
Unemployment 35%
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%

Key findings

  • 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

Best Places for Employment in and Around Tower Lakes

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Compare Tower Lakes, IL Employment

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      am i middle class

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      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.

      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%

      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.
      McKinney Acres, TX1,149$50,2089%
      Yarrow Point, WA1,149$213,750286%
      Fairview Park, IN1,149$48,26413%
      Ladoga, IN1,150$46,52016%
      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).