Tower Hill, Illinois.
Typical home $154,109 (-2.1% in a year).
to buy the typical home at today's mortgage rate — +$31 (+4%) since Jan 2024.
- 1 year
- Down $3,273 -2%
- $157,383$154,109 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Tower Hill$809
- Illinois$1,553
- United States$1,922
Typical home values in Tower Hill, IL fell 2.1% over the past year — slower than the nation's +1.2%.
Living in Tower Hill, Shelby County, Illinois
Tower Hill is a village of 485 people in Shelby County. 84% of its homes are lived in by their owners and 16% are rented. Unemployment in Shelby County was 3.1% in August 2026, and the county had 1.5% more jobs in 2025 than the year before. The most people in Shelby County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Tower Hill is a very small village in Shelby County, Illinois, where nearly all homes are lived in by their owners rather than rented. Typical home values are modest, and a smaller share of living there falls to rent than in most places. Winters are cold and somewhat snowy, summers are warm, and rain and melted snow fall steadily through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and professional and business services close behind. Few adults hold a four-year degree, and some people work from home. Across Shelby County, some of the largest workplaces are Graphic Packaging International, Walmart and Shelbyville CUSD 4, and the job market there has been improving, with unemployment lower than a year earlier.
Things to do. Kitchell Park, a protected area, is a short drive away. For a longer drive, Lake Shelbyville is a reservoir for boating and fishing, and Hidden Springs State Forest is a protected area with woods to walk through.
Report a mistake
- 5%of adults have a degree
- 13%below the poverty line
- 8%work from home
What people in Shelby County work in
Employed residents by industry, from the Census survey. Shelby County had 4,919 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 19°; warmest in July, with highs near 87° and lows near 65°. About 14 inches of snow and 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Pana weather station, 7 miles away (NOAA).
Largest workplaces in Shelby County
- Graphic Packaging InternationalPaper and paperboard866
- WalmartWarehouse clubs and supercenters199
- Shelbyville CUSD 4School district192FTE
- Shelby CountyGeneral services departments, government125
- P&H MFGSemi-trailer manufacturing110
- Manor Court of ShelbyvilleSkilled nursing facilities104
- Hshs Good Shepherd HospitalCritical access hospital69FTE
- Cowden-Herrick CUSD 3ASchool district67FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,693 people in all across the county; Tower Hill has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- LightningVery high
- DroughtRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Tower Hill’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Shelby County.
Tower Hill home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Tower Hill$154,109
- Illinois$295,943
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Tower Hill address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Tower Hill — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.