Towanda

County:: McLean County
County Seat:: No
Area (mi²):: 0.744
State:: Illinois

Towanda is a village located in McLean County, Illinois. Towanda has a 2025 population of 416. Towanda is currently declining at a rate of -0.72% annually and its population has decreased by -3.26% since the most recent census, which recorded a population of 430 in 2020.

The average household income in Towanda is $85,100 with a poverty rate of 11.8%.The median age in Towanda is 45.5 years: 46.6 years for males, and 44.3 years for females.

Demographics

The racial composition of Towanda includes 98.88% White, and smaller percentages for Two or more races and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	352	98.88%
Two or more races	4	1.12%

Towanda Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Towanda's average per capita income is $53,056. Household income levels show a median of $78,611. The poverty rate stands at 11.8%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$138,333	-
Families	$123,125	$110,466
Households	$78,611	$85,100
Non Families	$53,750	$56,978

$53,056

Average Income

$78,611

Median Household Income

11.8%

Poverty Rate