Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Assumption city, Illinois?
City · Census ACS 5-Year estimates
The median gross rent in Assumption city, Illinois is $693/month (±$232), based on Census ACS 5-Year estimates (2024). The median home value is $89,700 (±$18,766), and the median household income is $57,500/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Assumption city, Illinois
| Metric | Value |
|---|---|
| Median Gross Rent | $693 |
| Median Home Value | $89,700 |
| Median Household Income | $57,500 |
| Total Housing Units | 600 |
| Renter-Occupied Units | 215 |
| Renter-Occupied Share | 36% |
| Households Paying 50%+ Income | 31 households |
How does Assumption city, Illinois compare?
Median gross rent ranked against all cities in Illinois.
Higher rent than 14% of cities in Illinois · 977th of 1136
| # | City | Value |
|---|---|---|
| 1 | Burr Ridge village | $3,501 |
| 1 | Bull Valley village | $3,501 |
| 1 | Indian Creek village | $3,501 |
| … 973 more … | ||
| 977 | Assumption city(you are here) | $693 |
| … 156 more … | ||
| 1134 | Royal Lakes village | $280 |
| 1135 | Elizabethtown village | $241 |
| 1136 | Colp village | $99 |
More data for Assumption city, Illinois
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Frequently asked questions
What is the average rent in Assumption city, Illinois?
The median gross rent in Assumption city, Illinois is $693/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Assumption city, Illinois?
The median rent for a 2-bedroom in Assumption city, Illinois is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Assumption city, Illinois?
The median home value in Assumption city, Illinois is $89,700 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Assumption city are rent-burdened?
In Assumption city, Illinois, 31 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Assumption city, Illinois?
The median household income in Assumption city, Illinois is $57,500/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $693 has a margin of error of ±$232. In very small areas, MOEs can be large relative to the estimate.
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