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The total population of Assumption is estimated to be 1,024 with 473 males (46.19%) and 551 females (53.81%). There are 78 more females than males in Assumption.
The median household income in Assumption was $52,630 in 2021, which marked an a decrease of 132(0.25%) from $52,762 in 2020. This income is 70.54% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Assumption sees its highest median household income among householders in the age group of 45 to 64 years old, at $65,530. Overall, the median household income for the city of Assumption stands at $52,630.
In Assumption, the median income for all workers aged 15 years and older, regardless of work hours, was $34,135 for males and $21,826 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,186 for males and $39,033 for females.
In Assumption, population is primarily represented by White households, reporting a median income of $52,678.
In 2022, the population of Assumption was 1,123, a 1.14% decrease year-by-year from 2021. Previously, in 2021, Assumption's population was 1,136, a decline of 0.87% compared to a population of 1,146 in 2020.
The median age in Assumption, IL is 36.7, as per 2021 ACS 5-Year Estimates. Of the total population, 18.25% were under the age of 15, 25.81% aged 15 to 29, 37.18% aged 30 to 64, 17.66% aged 65 to 84, and 1.10% were 85 years of age and older.
Racial distribution of Assumption population: 95.33% are White, 0.42% are Black or African American, 0.17% are American Indian and Alaska Native, 0.34% are Native Hawaiian and other Pacific Islander and 3.74% are multiracial.