Assumption
Assumption has notably lower household income than the US average, with a median household income of $57,500. Population has declined 4% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $89,700. Households here earn about 31% less than the Illinois median.
Population & growth
PEP 2025 EST:1,112 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
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Race & ethnicity
Education
Commute & transportation
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People & community
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How many people live in Assumption, Illinois?
Assumption, Illinois has about 1,205 residents according to the 2024 American Community Survey.
What is the median household income in Assumption, Illinois?
The typical household in Assumption, Illinois earns about $57,500 a year. Half of households make more than that, and half make less.
Is Assumption, Illinois expensive?
In Assumption, Illinois, the median home is worth about $89,700, and the typical rent is about $693 a month.
How educated are people in Assumption, Illinois?
About 16.6% of adults age 25 and over in Assumption, Illinois hold a bachelor's degree or higher.
What is the poverty rate in Assumption, Illinois?
About 11.7% of people in Assumption, Illinois live below the federal poverty line.
Has Assumption, Illinois grown since 1990?
Yes, Assumption, Illinois has shrunk since 1990. The population has lost about 39 residents, a change of about -3 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024