Towanda is a village located in McLean County, Illinois. Towanda has a 2025 population of 424 . Towanda is currently declining at a rate of -0.47% annually and its population has decreased by -2.08% since the most recent census, which recorded a population of 433 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. For every 100 females there are 121.1 males.
Data after 2023 is projected based on recent change
The racial composition of Towanda includes 98.88% White, and smaller percentages for Two or more races and multiracial populations.
White (98.88%)
Two or more races (1.12%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 352 | 98.88% |
| Two or more races | 4 | 1.12% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Married Families | $138,333 | - |
| Families | $123,125 | $110,466 |
| Households | $78,611 | $85,100 |
| Non Families | $53,750 | $56,978 |
Average Income
Median Household Income
Poverty Rate