Illinois · Census place 02609
Assumption city, IL
Quick answer
Assumption city has 1,117 residents, ranking #669 of 1462 places in Illinois. Median household income is $55,764, the median home is worth $72,100 and median gross rent runs $646 a month.
- Population
- 1,117Assumption city residents
- Median household income
- $55,764Past 12 months, inflation adjusted
- Median home value
- $72,100Owner-occupied units
- Median gross rent
- $646Rent plus utilities, monthly
- Median age
- 34.3 yrsAll residents
- Homeownership rate
- 61.1%Owner-occupied households
What the numbers mean in Assumption city
Housing cost measured against local earnings.
A household earning the Assumption city median would spend about 13.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.3% of residents and 61.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- East Hazel Crest village 1,122
- Bull Valley village 1,121
- Lovington village 1,120
- Valmeyer village 1,109
- Stronghurst village 1,106
- Leland village 1,102
- Astoria town 1,094
Keep going
More Illinois coverage.