Assumption vs Owaneco

A side-by-side comparison of Assumption and Owaneco: population, income, housing, and more.

Assumption and Owaneco are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Assumption has the higher population (1,117 vs 744 in Owaneco). Owaneco has the higher median household income ($66,875 vs $55,764 in Assumption). Owaneco has the higher median home value ($96,300 vs $72,100 in Assumption).

Population, income & housing

	Assumption	Owaneco
Population	1,117	744
Median age	34.3 yrs	33.5 yrs
Median household income	$55,764	$66,875
Median home value	$72,100	$96,300
Median gross rent	$646	$835
Housing units	605	209
Homeownership rate	61.1%	84.9%
Bachelor's degree or higher	14.8%	6.6%
Unemployment rate	11.8%	4.9%

Trends (ACS 5-year, 2019–2023)

	Assumption	Owaneco
Population	1,106 → 1,117 (+1.0%)	237 → 744 (+213.9%)
Median household income	$45,417 → $55,764 (+22.8%)	$60,625 → $66,875 (+10.3%)
Median home value	$70,900 → $72,100 (+1.7%)	$72,900 → $96,300 (+32.1%)
Median gross rent	$633 → $646 (+2.1%)	$640 → $835 (+30.5%)

Assumption

Population

1,1061,117

Median household income

$45,417$55,764

Median home value

$70,900$72,100

Median gross rent

$633$646

Owaneco

Population

237744

Median household income

$60,625$66,875

Median home value

$72,900$96,300

Median gross rent

$640$835

Age & race/ethnicity

Age distribution (share)

	Assumption	Owaneco
Under 5	5.2%	7.0%
5 to 17	19.9%	23.7%
18 to 24	17.3%	9.9%
25 to 34	10.0%	13.2%
35 to 44	8.9%	16.1%
45 to 54	10.4%	9.4%
55 to 64	13.5%	7.5%
65 to 74	9.0%	6.9%
75 and over	5.9%	6.3%

Race & ethnicity (share)

	Assumption	Owaneco
White (non-Hispanic)	84.2%	99.5%
Black or African American	2.4%	0.0%
American Indian & Alaska Native	0.1%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.3%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.5%	0.5%
Hispanic or Latino	11.5%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Assumption	Owaneco
No high school diploma	5.4%	10.4%
High school graduate	51.2%	42.8%
Some college or associate's	28.6%	40.3%
Bachelor's degree	10.9%	4.5%
Graduate or professional degree	3.9%	2.0%

Commute to work

How workers get to work (share)

	Assumption	Owaneco
Drove alone	86.7%	85.6%
Carpooled	2.9%	6.1%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	9.4%	8.4%
Other means	1.0%	0.0%

Housing

Units in structure (share)

	Assumption	Owaneco
1-unit, detached	87.9%	100.0%
1-unit, attached	0.3%	0.0%
2 to 4 units	8.6%	0.0%
5 to 19 units	0.7%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	2.5%	0.0%

Poverty & households

	Assumption	Owaneco
Poverty rate	11.3%	16.8%
Average household size	2.16	3.63
Mean commute (minutes)	21	27
Median year structure built	1947	1938