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Olney, IL

City in Richland County, Illinois. ZIP codes: 62450.

Population

8,577

Land area

6.9sq mi

People per sq mi

1,237

ZIP codes

1

Olney and its ZIP codes

Olney at a glance

  • Olney is about 5.4 times as dense as Illinois as a whole.
  • By population, it ranks 254th among 1,445 cities and towns in Illinois.
  • The median household income is $59,980, 28% below the Illinois median of $83,390.
  • A typical owner-occupied home is valued at $99,800 (62% below Illinois) and median rent is $809 a month.

Local data for Olney, IL

Counts from official public data

Housing and community stats

Olney, IL, American Community Survey 2020-2024

Full profile

Median household income

$59,980

Poverty rate

14.2%

Median home value

$99,800

Median rent

$809/mo

Homeownership

65.4%

Bachelor's or higher

21.2%

Median age

41.0

Average commute

17.2 min

Largest reported origins and ancestries: German Americans (3,086), Irish Americans (1,010), French Americans (180).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Richland County. PPP loans are for Olney.

Details

Unemployment rate

3.3%

Sep 2026, -0.6 pts in a year

Average annual pay

$51,334

5,731 jobs, 2025

Income per person

$57,427

BEA, 2024

Federal spending

$109M

FY 2026, $6,872 per person

PPP loans

$22M

641 loans, 3,037 jobs reported

Richland County economyFederal spendingPPP loans

How people get to work

Olney, IL, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone80.7%
  • Carpooled9.5%
  • Public transit0.0%
  • Walked2.3%
  • Bicycle1.2%
  • Taxi, ride-hailing, motorcycle or other1.3%
  • Worked from home5.0%

Average one-way commute: 17.2 minutes for people who do not work from home.

Environment and hazard risk

Olney, IL, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: earthquake

Storm events since 1996

236

Countywide, mostly thunderstorm wind

Flood insurance policies

6

0.1% of homes, county

July high / Jan low

87° / 21°F

48.8 inches of rain a year

Hazards, floods and storm historyCheck a flood zone3 historic places

Health statistics

Share of adults in Olney, IL, CDC PLACES estimates

All 40 measures

Obesity

39.7%

U.S. 33.3% +6.4 pts

Diabetes

12.9%

U.S. 12.1% +0.8 pts

Smoking

16.0%

U.S. 12.8% +3.2 pts

Uninsured (18-64)

8.1%

U.S. 11.1% -3.0 pts

ZIP codes in Olney

1 in or overlapping Olney. Population shown

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Cities near Olney

Frequently asked questions

What county is Olney, IL in?
Olney is in Richland County, Illinois.
What ZIP codes are in Olney, IL?
ZIP codes in or overlapping Olney include 62450.
What is the population of Olney, IL?
About 8,577 people live in Olney, based on American Community Survey 5-year estimates.
What cities are near Olney?
Nearby places include Calhoun (5.6 mi), Claremont (5.8 mi), Dundas (7.2 mi), Noble (8.1 mi), West Liberty (8.6 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023