Schram City, IL
Population 720 · Illinois
About Schram City, IL
Schram City is a small community located in Illinois with a population of 720 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,071 per year, which is 32% below the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Schram City features a median home value of $86,500, which is 65% below the national median of $244,900. This makes Schram City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $794, 32% below the national average of $1,163/month. Of the 339 total housing units, 58% are owner-occupied (179 units) and 42% are renter-occupied (127 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Schram City shows an unemployment rate of 11.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.1%, above the national average of 12.4%. Workers in Schram City have an average one-way commute time of 19.1 minutes, one of the shorter commutes in the region.
Education & Demographics
8.8% of Schram City 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 0.0% White, 5.4% 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 Schram City, IL
Compared to national averages, Schram City has a median household income of $51,071 (32% below the national median of $75,149). Home values average $86,500, which is 65% below the national median. Monthly rent at $794 is 32% below the US average of $1,163. Within Illinois, Schram City's income is 32% below the state average of $75,072, and home values are 48% below the state median of $165,779.
Why Live in Schram City, IL?
Schram City offers affordable housing with a median home value of $86,500, below the US average of $244,900, and rent that’s lower than the national average at $794/month, and short commute times averaging just 19.1 minutes.
Potential considerations include median household income ($51,071) that falls below the national average. However, Schram City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Schram City has a population of 720 with a median age of 37.9 years. Compare Schram City with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Schram City
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Alexis | 719 | $79,583 | $89,900 | Compare |
| Oak Run | 722 | $120,972 | $280,600 | Compare |
| Tilden | 722 | $45,625 | $72,300 | Compare |
| Congerville | 723 | $78,649 | $201,900 | Compare |
| Grafton | 723 | $93,250 | $254,700 | Compare |
| Dalzell | 716 | $74,625 | $159,400 | Compare |
| Piper City | 716 | $39,338 | $76,600 | Compare |
| Blandinsville | 715 | $52,500 | $65,400 | 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 Schram City With Other Cities
Frequently Asked Questions about Schram City
What is the population of Schram City, IL?
The population of Schram City, IL is 720 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 Schram City?
The median household income in Schram City, IL is $51,071 per year, which is 32% below the national median of $75,149.
What is the median home value in Schram City?
The median home value in Schram City, IL is $86,500, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Schram City?
The median monthly rent in Schram City, IL is $794, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Schram City?
The unemployment rate in Schram City, IL is 11.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Schram City, IL a good place to live?
Schram City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 720 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Schram City, IL?
8.8% of residents in Schram City 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 Schram City?
Key cost-of-living indicators for Schram City, IL: median home value is $86,500 (65% below national), median rent is $794/month, and median household income is $51,071. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Schram City?
The poverty rate in Schram City, IL is 15.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Schram City, IL?
Schram City's population is 0.0% White, 5.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 0.0% of residents are foreign-born.