Towanda is located in Mclean county Illinois with a geographic area of 0.7 square miles. The total population in Towanda is 341 with 51.9% male and 48.1% female. Children under age 5 represent 2.1% of the population, under age 18 equal 14.7% of the population and over age 65 is 24.3% of the population. The median household income is $59,250, per capita income is $37,541. There are a total of 157 housing units with 85.4% owner occupied. Education includes 49.0% of residents that are high school graduates and 28.0% with a bachelor's degree or higher. The average temperature in Towanda in the summer is 74 degrees, and in the winter 27 degrees.