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, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	352	98.88%
Two or more races	4	1.12%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

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