Olney

Population: 8,864
Median household income: $57,997
Median home value: $96,900

Olney, a community in Richland County, Illinois, has 8,864 residents. At $57,997, its median household income sits in line with Richland County's $60,404.

Between 2019 and 2023, Olney's population grew 1.6% from 8,723 to 8,864, while its median home value rose 11.8% from $86,700 to $96,900.

15.4% of residents live below the poverty line. Households average 2.42 people.

Demographics

ACS 2019–2023

Population: 8,864
Median age: 40.7 yrs
Median household income: $57,997
Median home value: $96,900
Median gross rent: $769
Housing units: 4,148
Homeownership rate: 65.6%
Bachelor's degree or higher: 20.1%
Unemployment rate: 6.4%

Trends

ACS 5-year · 2019–2023

Population

8,7238,864

Median household income

$39,929$57,997

Median home value

$86,700$96,900

Median gross rent

$539$769

Year	Population	Median household income	Median home value	Median gross rent
2019	8,723	$39,929	$86,700	$539
2020	8,872	$49,650	$82,100	$559
2021	8,996	$55,434	$82,900	$612
2022	8,995	$57,260	$92,300	$724
2023	8,864	$57,997	$96,900	$769

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.1%

5 to 1720.2%

18 to 247.4%

25 to 3410.6%

35 to 4413.7%

45 to 5412.3%

55 to 6410.2%

65 to 7410.1%

75 and over10.4%

	Count	Share
Under 5	453	5.1%
5 to 17	1,791	20.2%
18 to 24	653	7.4%
25 to 34	941	10.6%
35 to 44	1,211	13.7%
45 to 54	1,091	12.3%
55 to 64	903	10.2%
65 to 74	896	10.1%
75 and over	925	10.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	8,144	91.9%
Black or African American	41	0.5%
American Indian & Alaska Native	8	0.1%
Asian	11	0.1%
Native Hawaiian & Pacific Islander	5	0.1%
Some other race	75	0.8%
Two or more races	341	3.8%
Hispanic or Latino (any race)	239	2.7%

Educational attainment (age 25+)

No high school diploma7.3%

High school graduate33.8%

Some college or associate's38.8%

Bachelor's degree13.2%

Graduate or professional degree7.0%

	Count	Share
No high school diploma	435	7.3%
High school graduate	2,017	33.8%
Some college or associate's	2,314	38.8%
Bachelor's degree	785	13.2%
Graduate or professional degree	416	7.0%

Commute to work

Mean travel time to work: 19 min

Drove alone81.4%

Carpooled8.9%

Public transit0.0%

Walked2.7%

Bicycle0.5%

Worked from home5.7%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	3,157	81.4%
Carpooled	344	8.9%
Public transit	0	0.0%
Walked	104	2.7%
Bicycle	21	0.5%
Worked from home	222	5.7%
Other means	32	0.8%

Travel time

	Count	Share
Under 15 min	2,436	66.6%
15 to 29 min	361	9.9%
30 to 44 min	430	11.8%
45 to 59 min	151	4.1%
60+ min	280	7.7%

Households

Average household size: 2.42
Poverty rate: 15.4% (1,317 of 8,554)

	Count	Share
Family households	2,007	56.7%
Nonfamily households	1,530	43.3%

Housing

Median year structure built: 1966

Occupancy

	Count	Share
Occupied	3,537	85.3%
Vacant	611	14.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,321	65.6%
Renter-occupied	1,216	34.4%

1-unit, detached81.5%

1-unit, attached0.8%

2 to 4 units5.8%

5 to 19 units1.6%

20 or more units4.4%

Mobile home & other6.0%

Units in structure

	Count	Share
1-unit, detached	3,379	81.5%
1-unit, attached	33	0.8%
2 to 4 units	241	5.8%
5 to 19 units	65	1.6%
20 or more units	181	4.4%
Mobile home & other	249	6.0%

Geography

Place GEOID: 1755912
Type (LSAD): 25
Land area: 6.93 sq mi
Water area: 0 sq mi
Center point: 38.7281, -88.0842