Census Bureau data for Tower Lakes village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Tower Lakes village
- What is the median household income in Tower Lakes village?
- The median household income in Tower Lakes village is $172,656 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Tower Lakes village?
- The poverty rate in Tower Lakes village is 3.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Tower Lakes village?
- $495,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in Tower Lakes village?
- The median gross rent in Tower Lakes village is $2,375 per month (U.S. Census Bureau ACS 2023).
- What percentage of Tower Lakes village residents have a college degree?
- 77.8% of adults in Tower Lakes village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,148
Median Income
$172,656
Median Home Value
$495,900
Poverty Rate
3.0%
Unemployment (ACS 2023)
3.3%
Median Age
48.0 yrs
Since 2019
Median Income:
+$25,656 (+17.5%)
Home Value:
+$14,900 (+3.1%)
Poverty Rate:
-0.9 pp (-23.1%)
Bachelor's+:
+6.4 pp (+9%)
Unemployment:
+0.4 pp (+13.8%)
Demographics
Total Population
1,148
Median Age
48.0
Female
49.0%
Race & Ethnicity
Hispanic or Latino 3.8%
White (non-Hisp.) 88.2%
Black 1.0%
Asian 2.4%
Two or More 7.0%
Asian Subgroups (% of total pop.)
Chinese
0.8%
Filipino
0.5%
Japanese
0.3%
Korean
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$172,656
±$52,206
+$90,954 vs. state
Per Capita Income
$196,178
Median Family Income
$178,846
Poverty Rate
3.0%
-5.2 pp vs. state
Child Poverty Rate
3.7%
Working-Age Poverty Rate
—
SNAP Recipients
1.1%
Social Security Income
—
Retirement Income
38.6%
Household Income Distribution
< $10k
2.5%
$15–25k
1.8%
$25–35k
0.7%
$35–50k
4.1%
$50–75k
13.3%
$75–100k
9.0%
$100–150k
16.8%
$150–200k
10.8%
$200k+
40.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
459
Owner-Occupied
97.2%
Renter-Occupied
2.8%
Vacancy Rate
5.2%
Median Home Value
$495,900
+$245,400 vs. state
Median Gross Rent
$2,375
Owner Cost Burden (30%+)
24.6%
Renter Cost Burden (30%+)
25.0%
Home Value Distribution
$100–200k
1.2%
$200–300k
1.9%
$300–500k
48.2%
$500k–$1M
46.1%
$1M+
2.6%
Vehicle Availability
1 vehicle
20.5%
2 vehicles
49.9%
3+
29.7%
Housing Age
Pre-1940
22.9%
1940–1969
7.8%
1970–1999
22.0%
2000–2009
3.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
100.0%
Bachelor's or Higher
77.8%
+40.6 pp vs. state
Graduate Degree
32.8%
Some College / Associate
13.5%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.6%
Unemployment Rate
3.3%
-2.5 pp vs. state
Work from Home
20.2%
Self-Employed
7.2%
Government Workers
11.4%
Private For-Profit
81.4%
Industry
Edu/Health
21.2%
Prof. Services
18.3%
Manufacturing
17.7%
Retail
12.1%
Construction
8.9%
Finance
5.6%
Arts/Entmt.
4.2%
Transportation
4.2%
Wholesale
2.5%
Information
1.8%
Public Admin
0.9%
Agriculture
0.9%
Occupation
Management
62.9%
Sales
24.4%
Food Prep
5.6%
Construction
4.0%
Production
3.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
37.7 min
Drove Alone
72.5%
Carpool
1.6%
Public Transit
3.5%
Work from Home
20.2%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
435
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
68.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
23.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.7%
5–9
7.8%
10–14
7.5%
15–19
6.4%
20–24
4.0%
25–34
6.8%
35–44
9.1%
45–54
14.5%
55–64
5.3%
65–74
11.6%
75–84
15.7%
85+
7.3%
Under 18: 23.4%
Working age (18–64): 76.6%
65 and over: 23.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.2%
Naturalized Citizen
71.3%
Speaks English Less Than Very Well
0.9%
Foreign-Born Origin
Europe
70.2%
Asia
19.1%
Latin America
6.4%
Veterans & Disability
Veteran
5.0%
With a Disability
8.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.8%
Uninsured
1.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
97.0%
Has a Computer
99.3%
Same House 1 Year Ago
95.2%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023