Shumway, IL
Population 217 · Illinois
About Shumway, IL
Shumway is a small community located in Illinois with a population of 217 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,250 per year, which is 1% above the national median of $75,149. The median age of 31.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Shumway features a median home value of $103,400, which is 58% below the national median of $244,900. This makes Shumway one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 95 total housing units, 83% are owner-occupied (75 units) and 17% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shumway shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 21.6%, above the national average of 12.4%. Workers in Shumway have an average one-way commute time of 15.3 minutes, one of the shorter commutes in the region.
Education & Demographics
12.5% of Shumway 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 6.0% Asian residents, with 4.6% of the population being foreign-born.
Cost of Living in Shumway, IL
Compared to national averages, Shumway has a median household income of $76,250 (1% above the national median of $75,149). Home values average $103,400, which is 58% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Illinois, Shumway's income is 2% above the state average of $75,072, and home values are 38% below the state median of $165,779.
Why Live in Shumway, IL?
Shumway offers a strong local economy with a median household income of $76,250, well above the national average, and affordable housing with a median home value of $103,400, below the US average of $244,900, and rent that’s lower than the national average at $950/month. Additionally, the city features short commute times averaging just 15.3 minutes.
Shumway has a population of 217 with a median age of 31.6 years. Compare Shumway with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Shumway
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Allerton | 217 | $51,667 | $106,700 | Compare |
| Cedar Point | 218 | $59,028 | $87,300 | Compare |
| Ridgefield | 218 | $133,454 | $265,400 | Compare |
| Sibley | 218 | $54,583 | $85,000 | Compare |
| Cabery | 219 | $54,375 | $96,700 | Compare |
| Caledonia | 219 | $86,513 | $161,800 | Compare |
| Calhoun | 219 | $84,063 | $51,200 | Compare |
| East Carondelet | 219 | $65,417 | $76,700 | 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.
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Frequently Asked Questions about Shumway
What is the population of Shumway, IL?
The population of Shumway, IL is 217 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 Shumway?
The median household income in Shumway, IL is $76,250 per year, which is 1% above the national median of $75,149.
What is the median home value in Shumway?
The median home value in Shumway, IL is $103,400, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shumway?
The median monthly rent in Shumway, IL is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Shumway?
The unemployment rate in Shumway, IL is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shumway, IL a good place to live?
Shumway offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 217 and a median age of 31.6, the city appeals to young professionals and families.
How educated is Shumway, IL?
12.5% of residents in Shumway 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 Shumway?
Key cost-of-living indicators for Shumway, IL: median home value is $103,400 (58% below national), median rent is $950/month, and median household income is $76,250. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shumway?
The poverty rate in Shumway, IL is 21.6%, 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 Shumway, IL?
Shumway's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 6.0% Asian, and 0.0% two or more races. 4.6% of residents are foreign-born.