The following statistics show that Assumption has a median property value of $67,800, and that the median household income is $65,780. This is lower than the national average, but higher than the parent and neighboring geographies. Nearly 72% of Assumption's residents are U.S. citizens. In 2020, Assumption had a median property value of $67,800, and a homeownership rate of 72 percent. The median time to work was 23.4 minutes, making it comparable to the US average.
In 2020, the population of Assumption was 1.15k. The median age of Assumption's residents was 37.2, and the median household income was $46,563, which represents a 2.52% increase from the 2010 census. The most prevalent racial or ethnic group was White (Non-Hispanic), with 15.35% of residents being Two+ (Hispanic).
The Illinois median annual income is $46,563, a figure that ranks Assumption City among the poorest areas of the United States. This means that Assumption's income is less equal than the national average, with males earning 1.34 times as much as females. The most common occupations in Assumption, IL are Agriculture, Forestry & Fishing & Mining, Wholesale Trade, and Construction.