Ashkum, IL
Population 765 · Illinois
About Ashkum, IL
Ashkum is a small community located in Illinois with a population of 765 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,500 per year, which is 10% below the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ashkum features a median home value of $136,500, which is 44% below the national median of $244,900. This makes Ashkum one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $790, 32% below the national average of $1,163/month. Of the 350 total housing units, 77% are owner-occupied (246 units) and 23% are renter-occupied (72 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ashkum shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ashkum have an average one-way commute time of 20.2 minutes.
Education & Demographics
13.4% of Ashkum residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.7% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ashkum, IL
Compared to national averages, Ashkum has a median household income of $67,500 (10% below the national median of $75,149). Home values average $136,500, which is 44% below the national median. Monthly rent at $790 is 32% below the US average of $1,163. Within Illinois, Ashkum's income is 10% below the state average of $75,072, and home values are 18% below the state median of $165,779.
Why Live in Ashkum, IL?
Ashkum offers affordable housing with a median home value of $136,500, below the US average of $244,900, and rent that’s lower than the national average at $790/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features a low poverty rate of 4.7%, better than the national average, and short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($67,500) that falls below the national average. However, Ashkum’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ashkum has a population of 765 with a median age of 37.4 years. Compare Ashkum with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Ashkum
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elizabeth | 764 | $47,500 | $115,500 | Compare |
| Ridgway | 764 | $42,404 | $73,700 | Compare |
| Lake Carroll | 763 | $101,250 | $317,900 | Compare |
| Bartelso | 768 | $93,929 | $192,000 | Compare |
| Tiskilwa | 762 | $60,750 | $88,300 | Compare |
| Kirkwood | 769 | $70,385 | $89,500 | Compare |
| Lake Petersburg | 769 | $124,643 | $336,200 | Compare |
| West Salem | 769 | $50,500 | $65,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ashkum With Other Cities
Frequently Asked Questions about Ashkum
What is the population of Ashkum, IL?
The population of Ashkum, IL is 765 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Ashkum?
The median household income in Ashkum, IL is $67,500 per year, which is 10% below the national median of $75,149.
What is the median home value in Ashkum?
The median home value in Ashkum, IL is $136,500, which is 44% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ashkum?
The median monthly rent in Ashkum, IL is $790, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Ashkum?
The unemployment rate in Ashkum, IL is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ashkum, IL a good place to live?
Ashkum offers a moderate cost of living, affordable housing, and a strong job market. With a population of 765 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Ashkum, IL?
13.4% of residents in Ashkum aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Ashkum?
Key cost-of-living indicators for Ashkum, IL: median home value is $136,500 (44% below national), median rent is $790/month, and median household income is $67,500. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ashkum?
The poverty rate in Ashkum, IL is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ashkum, IL?
Ashkum's population is 0.7% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.2% two or more races. 0.0% of residents are foreign-born.