Schram City, IL Profile: Facts & Data

Schram City, Illinois - Basic Facts

The Village of Schram City had a population of 533 as of July 1, 2024.

The primary coordinate point for Schram City is located at latitude 39.1642 and longitude -89.4637 in Montgomery County. The formal boundaries for the Village of Schram City encompass a land area of 0.73 sq. miles and a water area of 0 sq. miles. Montgomery County is in the Central time zone (GMT -6).

The Village of Schram City 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.

The Village of Schram City is located within Township of East Fork, a minor civil division (MCD) of Montgomery County.

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Schram City, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	533 (100%)
Population in Households	533 (100.0%)
Population in Families	371 (69.6%)
Population in Group Quarters¹	0
Population Density	941
Diversity Index²	16


INCOME
Median Household Income	$53,173
Average Household Income	$65,786
% of Income for Mortgage⁴	13%
Per Capita Income	$29,252
Wealth Index⁵	46
Socioeconomic Status Index⁶	Moderate (45.5)

HOUSING
Total HU (Housing Units)	274 (100%)
Owner Occupied HU	167 (60.9%)
Renter Occupied HU	70 (25.5%)
Vacant Housing Units	37 (13.5%)
Median Home Value	$109,211
Average Home Value	$139,970
Housing Affordability Index³	172

HOUSEHOLDS
Total Households	237
Average Household Size	2.25
Family Households	130
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

274 (100%)

Owner Occupied HU

167 (60.9%)

Renter Occupied HU

70 (25.5%)

Vacant Housing Units

37 (13.5%)

Median Home Value

$109,211

Average Home Value

$139,970

Housing Affordability Index³

172

HOUSEHOLDS

Total Households

237

Average Household Size

2.25

Family Households

130

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.49%	0.11%
Households	0.61%	0.34%
Families		0.15%
Median Household Income		1.27%
Per Capita Income		2.54%
Owner Occupied HU		0.24%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.49%

0.11%

Households

0.61%

0.34%

Families

0.15%

Median Household Income

1.27%

Per Capita Income

2.54%

Owner Occupied HU

0.24%

Schram City, IL - Peer Comparisons by Rank and Percentile

The table below compares Schram City to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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.

Variable Description	Rank	Percentile
Total Population	# 885	39th
Population Density	# 728	50th
Median Household Income	# 1251	15th
Housing Affordability Index	# 1073	73rd
Per Capita Income	# 1270	13th
Diversity Index	# 1010	31st

Variable Description

Rank

Percentile

Total Population

# 885

39th

Population Density

# 728

50th

Median Household Income

# 1251

15th

Housing Affordability Index

# 1073

73rd

Per Capita Income

# 1270

13th

Diversity Index

# 1010

31st

Illinois Census Data Comparison Tool

Schram City, IL Profile: Facts & Data

Schram City, Illinois - Basic Facts

Schram City, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Schram City, IL - Peer Comparisons by Rank and Percentile

Schram City, IL - Most Popular Things to Do

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