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Ransom, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
245
Population
$82,500
Median Income
$93,300
Home Value
39.3
Median Age

Demographics

Ransom has a population of 245 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:

White
95.9%
Hispanic
2.4%
Other
1.3%
Demographic Value
Total Population245
Median Age39.3
White95.9%
Asian0.4%
Hispanic or Latino2.4%
Other / Two or More Races1.3%
Ransom, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.9%Hispanic/Latino: 2.4%Other: 1.7%245PopulationWhiteWhite95.9%Hispanic/LatinoHispanic/Latino2.4%OtherOther1.7%

Income & Economy

The median household income in Ransom is $82,500, which is 2.3% above the national median of $80,610. The per capita income is $38,827. The poverty rate is 7.8%.

$82,500
Median Household Income
$38,827
Per Capita Income
7.8%
Poverty Rate

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Education

In Ransom, 95.8% of residents age 25+ have a high school diploma or higher, and 16.1% hold a bachelor's degree or higher (6.5% with a graduate or professional degree).

HS Diploma+
95.8%
Bachelor's+
16.1%
Graduate+
6.5%
Education Level % of Adults (25+)
High School Diploma or Higher95.8%
Bachelor's Degree or Higher16.1%
Graduate or Professional Degree6.5%

Housing

The median home value in Ransom is $93,300, below the national median of $303,400. The median monthly rent is $775. The homeownership rate is 86.5%.

$93,300
Median Home Value
$775/mo
Median Rent
86.5%
Homeownership Rate
Housing Metric Value
Median Home Value$93,300
Median Monthly Rent$775
Homeownership Rate86.5%
Vacancy Rate19.4%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Ransom, Illinois?
The population of Ransom, Illinois is 245 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ransom, Illinois?
The median household income in Ransom, Illinois is $82,500. This is 2.3% above the national median of $80,610.
What is the median home value in Ransom, Illinois?
The median home value in Ransom, Illinois is $93,300. The median monthly rent is $775.
What percentage of people in Ransom have a college degree?
In Ransom, Illinois, 16.1% of adults age 25 and older hold a bachelor's degree or higher, and 95.8% have a high school diploma or higher.
Is Ransom, Illinois an affordable place to live?
The home price-to-income ratio in Ransom, Illinois is 1.1x (median home value $93,300 vs. median income $82,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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