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The total population of Tower Hill is estimated to be 427 with 249 males (58.31%) and 178 females (41.69%). There are 71 less females than males in Tower Hill.
The median household income in Tower Hill was $58,910 in 2021, which marked an a decrease of 4,079(6.48%) from $62,989 in 2020. This income is 78.96% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Tower Hill sees its highest median household income among householders in the age group of 25 to 44 years old, at $71,949. Overall, the median household income for the village of Tower Hill stands at $58,910.
In Tower Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $35,901 for males and $21,618 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,359 for males and $41,210 for females.
In Tower Hill, population is primarily represented by White households, reporting a median income of $59,180.
In 2022, the population of Tower Hill was 475, a 0.84% decrease year-by-year from 2021. Previously, in 2021, Tower Hill's population was 479, a decline of 0.62% compared to a population of 482 in 2020.
The median age in Tower Hill, IL is 40.5, as per 2021 ACS 5-Year Estimates. Of the total population, 20.72% were under the age of 15, 20.72% aged 15 to 29, 40.24% aged 30 to 64, 18.13% aged 65 to 84, and 0.20% were 85 years of age and older.
Racial distribution of Tower Hill population: 94.02% are White and 5.98% are multiracial.