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Assumption, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

During the 2020–2024 ACS period, Assumption, Illinois had a total population of 1,205, the 648th largest city in Illinois, with a median household income of $57,500, which is 31% lower than the state average. The poverty rate is 11.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Assumption Quick Facts

Population 1,205
Median Household Income $57,500
Median Home Value $89,700
Poverty Rate 11.7%
Unemployment Rate 9.2%
Median Age 37.2 years
Homeownership Rate 64.2%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 16.6%
High School Graduation Rate 95.3%
Diversity Index 22/100
Population 1,205 648th of 1,445
Median Income $57,500 bottom 30%
Poverty Rate 11.7% 6% lower than national
Median Home Value $89,700 bottom 30%

How Assumption Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1171,205+7.9%
Median household income$55,764$57,500+3.1%
Median home value$72,100$89,700+24.4%

How Assumption Compares

Economy & Housing

Household Income Distribution

Under $25K 15.2%
$25K-$50K 24.3%
$50K-$100K 39.2%
$100K+ 21.3%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
4.5%
$15K-$20K
3.3%
$20K-$25K
1.2%
$25K-$30K
5.7%
$30K-$35K
5.0%
$35K-$40K
2.5%
$40K-$45K
7.7%
$45K-$50K
3.5%
$50K-$60K
11.0%
$60K-$75K
17.5%
$75K-$100K
10.7%
$100K-$125K
7.0%
$125K-$150K
6.5%
$150K-$200K
6.5%
$200K+
1.3%

Employment

9.2% Unemployment Rate State: 5.8%|National: 5.2%
69.2% Labor Force Participation

Housing Overview

Owner 64.2%
Renter 35.8%
Affordability Index Very Affordable
1.6x home value to income ratio
Median gross rent $693/mo 14.5% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Assumption Rankings in Illinois

#648 Population of 1,445
#988 Median Income of 1,374
#789 Education of 1,444
#1003 Home Value of 1,372

Other Cities in Christian County

CityPopulationMedian IncomePovertyHome Value
Taylorville 10,646 $57,552 12.4% $104,100
Pana 5,217 $46,168 13.4% $77,900
Moweaqua 1,915 $69,625 3.4% $114,500
Kincaid 1,278 $64,821 15.5% $88,100
Edinburg 1,195 $89,886 10.3% $117,100
Morrisonville 926 $71,597 17.1% $95,800
Stonington 655 $65,972 10.6% $106,100
Tovey 629 $89,000 5.3% $79,100
Owaneco 613 $65,313 17.5% $101,700
Mount Auburn 399 $43,333 16.8% $84,800

Cities Similar to Assumption

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Chrisman1,214$58,462$79,40020.6%17.9%
Toledo1,197$56,354$86,10017.1%18.1%
Royalton1,214$59,219$71,50019.6%11.0%
Milledgeville1,218$59,417$94,20019.3%11.3%
Marissa1,232$54,814$99,50012.3%12.8%

Population Overview

Assumption is a small community located in Illinois, within Christian County. The total population is 1,205. It ranks as the 648th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Assumption is 37.2 years. This is 5% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Assumption is $57,500. This is 31% lower than the state median of $83,390. It is also 29% lower than the national median of $80,734. The poverty rate stands at 11.7%. This is 1% lower than the state poverty rate of 11.8%. The unemployment rate is 9.2%. This is 57% higher than the state rate of 5.8%. The median home value is $89,700. Housing costs are 66% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.6x, Assumption is one of the most affordable housing markets in the area. 64.2% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 67.1%.

Race & Ethnicity

Assumption has a predominantly White (non-Hispanic) population, comprising 88.3% of all residents. Black or African American residents account for 3.3%. The White (non-Hispanic) population is significantly higher than the state average (88.3% vs 58.1%). The Black or African American population (3.3%) is well below the state average of 13.3%. The Hispanic or Latino population (2.3%) is well below the state average of 18.8%.

Education

16.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%.

Data Sources & Methodology

All demographic data for Assumption, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Assumption, Illinois?

Assumption, Illinois has a population of 1,205 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Assumption, IL?

The median household income in Assumption is $57,500, which is 29% lower than the national median of $80,734.

What is the poverty rate in Assumption, IL?

The poverty rate in Assumption is 11.7%. This means approximately 140 residents live below the federal poverty line.

What is the racial makeup of Assumption, Illinois?

Assumption's population is 88.3% White, 3.3% Black, 2.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Assumption, IL?

The median home value in Assumption is $89,700. The home-value-to-income ratio is 1.6x.

How educated is Assumption, Illinois?

16.6% of adults (25+) in Assumption hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.