Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Assumption, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Assumption.

← Back to Assumption Hub

Community Insights

Affordable Market
$137k median home
lower cost than 79% of the country
Leading Industries
Transportation · Construction · Agriculture & Mining
4% transportation
Home Value Growth⬆⬆⬆
+37.6% over 2 years
Young Adults
26% of residents
Homeowners
79% of occupied units

People & Demographics

Total Population1,071
Households
Under 18
13.0%
Age 18–34
26.0%
Age 35–64
45.0%
Age 65+
15.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$137,361
Median Gross Rent$678/mo
Owner Occupied
79.2%
Renter Occupied
20.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$62,590
Poverty Rate

Key Industries

Healthcare8.0%
Professional Services0.0%
Manufacturing0.0%
Retail14.0%
Education0.0%

Amenities & Transit

Transit Score76 / 100
Walkability / Amenities40 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
10.0%
Master's or Higher
5.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Assumption?

The total population of Assumption is approximately 1,071. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Assumption walkable and transit-friendly?

Based on local geographic data, Assumption has an amenity and walkability score of 40/100 and a transit score of 76/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Assumption?

The housing market in Assumption is predominantly driven by homeowners, with 79% of housing units being owner-occupied and 21% being renter-occupied.

What is the education level of residents in Assumption?

In Assumption, approximately 10% of adult residents hold a bachelor's degree or higher. Additionally, 5% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.