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The total population of Ransom is estimated to be 319 with 174 males (54.55%) and 145 females (45.45%). There are 29 less females than males in Ransom.
The median household income in Ransom was $61,959 in 2021, which marked an a decrease of 10,279(14.23%) from $72,238 in 2020. This income is 83.05% 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, Ransom sees its highest median household income among householders in the age group of 45 to 64 years old, at $104,038. Overall, the median household income for the village of Ransom stands at $61,959.
In Ransom, the median income for all workers aged 15 years and older, regardless of work hours, was $60,801 for males and $24,075 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,988 for males and $44,588 for females.
In Ransom, population is primarily represented by White households, reporting a median income of $66,206.
In 2022, the population of Ransom was 305, a 1.61% decrease year-by-year from 2021. Previously, in 2021, Ransom's population was 310, a decline of 0.32% compared to a population of 311 in 2020.
The median age in Ransom, IL is 37.5, as per 2021 ACS 5-Year Estimates. Of the total population, 24.50% were under the age of 15, 13.58% aged 15 to 29, 48.68% aged 30 to 64, 11.59% aged 65 to 84, and 1.66% were 85 years of age and older.
Racial distribution of Ransom population: 98.34% are White, 0.33% are Asian and 1.32% are multiracial.