Assumption, IL Profile: Facts & Data

The primary coordinate point for Assumption is located at latitude 39.5203 and longitude -89.049 in Christian County. The formal boundaries for the City of Assumption encompass a land area of 0.88 sq. miles and a water area of 0 sq. miles. Christian County is in the Central time zone (GMT -6). The elevation is 646 feet.

The City of Assumption has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Assumption, IL Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	1,175 (100%)
Population in Households	1,163 (99.0%)
Population in Families	928 (79.0%)
Population in Group Quarters¹	12 ( 1.0%)
Population Density	1,187
Diversity Index²	16


INCOME
Median Household Income	$46,235
Average Household Income	$55,686
% of Income for Mortgage⁴	10%
Per Capita Income	$23,798
Wealth Index⁵	39

HOUSING
Total HU (Housing Units)	567 (100%)
Owner Occupied HU	389 (68.6%)
Renter Occupied HU	117 (20.6%)
Vacant Housing Units	61 (10.8%)
Median Home Value	$82,949
Average Home Value	$119,473
Housing Affordability Index³	248

HOUSEHOLDS
Total Households	506
Average Household Size	2.30
Family Households	320
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Assumption, IL - Peer Comparisons by Rank and Percentile

The table below compares Assumption to the other 1,466 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.77%	-0.73%
Households	-1.21%	-0.60%
Families		-0.76%
Median Household Income		4.16%
Per Capita Income		2.82%
Owner Occupied HU		-0.36%

Variable Description	Rank	Percentile
Total Population	# 645	56th
Population Density	# 591	60th
Median Household Income	# 1347	8th
Housing Affordability Index	# 1146	78th
Per Capita Income	# 1398	5th
Diversity Index	# 938	36th

Assumption, IL Profile: Facts & Data

Assumption, Illinois - Basic Facts

Assumption, IL Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Assumption, IL - Peer Comparisons by Rank and Percentile

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Christian County