Tower Lakes is a very small village located in the state of Illinois. With a population of 1,226 people and just one neighborhood, Tower Lakes is the 586th largest community in Illinois.
Tower Lakes home prices are not only among the most expensive in Illinois, but Tower Lakes real estate also consistently ranks among the most expensive in America.
Tower Lakes is a decidedly white-collar village, with fully 92.96% of the workforce employed in white-collar jobs, well above the national average. Overall, Tower Lakes is a village of managers, sales and office workers, and professionals. There are especially a lot of people living in Tower Lakes who work in management occupations (17.22%), sales jobs (17.04%), and business and financial occupations (13.33%).
Also of interest is that Tower Lakes has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Tower Lakes telecommute to their jobs. Overall, about 7.99% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Tower Lakes is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Tower Lakes is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Tower Lakes’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Tower Lakes, however, is that residents on average have to contend with a long commute, spending on average 36.76 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Tower Lakes, a lot of people use the train to get to work every day though Tower Lakes is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Tower Lakes. 67.95% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Tower Lakes in 2018 was $71,603, which is wealthy relative to Illinois and the nation. This equates to an annual income of $286,412 for a family of four.
The people who call Tower Lakes home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Tower Lakes residents report their race to be White, followed by Black or African-American. Important ancestries of people in Tower Lakes include German, Irish, English, Polish, and Italian.
The most common language spoken in Tower Lakes is English. Other important languages spoken here include German/Yiddish and Spanish.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2018 (latest available). Updated annually. Please note: Unemployment data updated November 2020.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
There are no schools physically located in this neighborhood.
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSEthnic/racial Groups | This District | This State |
---|---|---|
White (non-hispanic) | ||
Black | ||
Hispanic | ||
Asian Or Pacific Islander | ||
American Indian Or Native Of Alaska |
Economic Groups | This District | This State |
---|---|---|
ECONOMICALLY DISADVANTAGED | 19.2% | 48.7% |
FREE LUNCH ELIGIBLE | 18.3% | 46.7% |
REDUCED LUNCH ELIGIBLE | 0.9% | 2.0% |
Ethnic/racial Groups | This District | This State |
---|---|---|
White (non-hispanic) | ||
Black | ||
Hispanic | ||
Asian Or Pacific Islander | ||
American Indian Or Native Of Alaska |
Economic Groups | This District | This State |
---|---|---|
ECONOMICALLY DISADVANTAGED | 19.9% | 48.7% |
FREE LUNCH ELIGIBLE | 17.8% | 46.7% |
REDUCED LUNCH ELIGIBLE | 2.1% | 2.0% |
Ethnic/racial Groups | This District | This State |
---|---|---|
White (non-hispanic) | ||
Black | ||
Hispanic | ||
Asian Or Pacific Islander | ||
American Indian Or Native Of Alaska |
Economic Groups | This District | This State |
---|---|---|
ECONOMICALLY DISADVANTAGED | 25.1% | 48.7% |
FREE LUNCH ELIGIBLE | 24.9% | 46.7% |
REDUCED LUNCH ELIGIBLE | 0.2% | 2.0% |
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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