Tower Lakes Housing Information - Census

IndexTower LakesIllinoisNational
Median home price$480,000$174,800$184,700
Median rent asked$886$925$949
Avg. people per household3.62.62.6
Owner occupied households95.1%66.0%63.6%
Renter occupied households4.9%34.0%36.4%

Tower Lakes Housing Information - Zillow

IndexTower LakesIllinoisNational
Zillow home value index$403,600$176,800$220,100
Year over year appreciation rate1.71%4.93%7.58%
5 year average appreciation rate2.81%5.07%6.57%
10 year average appreciation rate-1.93%-1.06%1.33%

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Did you know?

  • The median home price in Tower Lakes is 160% higher than the national average.
  • The median rent asked in Tower Lakes is 7% lower than the national average.
  • The average number of people per household in Tower Lakes is 37% higher than the national average.
  • The number of owner occupied households in Tower Lakes is 49% higher than the national average.
  • The number of renter occupied households in Tower Lakes is 87% lower than the national average.

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Compare Tower Lakes, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Park City, IL7,402$27,90085%
McCullom Lake, IL1,011$110,60040%
Waukegan, IL88,159$118,60036%
Round Lake Park, IL7,989$120,00035%
Round Lake Beach, IL27,936$125,40032%
Tower Lakes, IL1,149$480,000160%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
McKinney Acres, TX1,149$59,80068%
Yarrow Point, WA1,149$2,000,001983%
Fairview Park, IN1,149$88,40052%
Anderson Island, WA1,150$237,80029%
Ladoga, IN1,150$80,00057%
Tower Lakes, IL1,149$480,000160%
Source: The Tower Lakes, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.
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