Towanda is a village located in McLean County, Illinois. Towanda has a 2026 population of 422. Towanda is currently declining at a rate of -0.47% annually and its population has decreased by -2.54% since the most recent census, which recorded a population of 433 in 2020.
The median household income in Towanda is $72,500 with a poverty rate of 12.29%. The median age in Towanda is 44.7 years: 46.4 years for males, and 44.1 years for females. For every 100 females there are 120.1 males.
Data after 2023 is projected based on recent change
Overall: 44.7 years
Female: 44.1 years
Male: 46.4 years
There are 279 adults, (72 of whom are seniors) in Towanda.
Female: 159 (45.4%)
Male: 191 (54.6%)
The racial composition of Towanda includes 96% White, and smaller percentages for Two or more races, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 336 | 96% |
| Two or more races | 10 | 2.86% |
| Asian | 4 | 1.14% |
Towanda 's average per capita income is $57,778. Household income levels show a median of $72,500. The poverty rate stands at 12.29%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $109,063 | - |
| Families | $108,750 | $113,263 |
| Households | $72,500 | $82,999 |
| Non Families | $36,538 | $53,396 |
Average Income
Median Household Income
Poverty Rate