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Olney, IL
Full City Profile · Illinois · Richland County County
3.1
/5.0
B
Good
8,864
Population
1,279/sq mi density
$57,997
Median Income
$30,458 per capita
$96,900
Home Value
$136,320 Zillow
$769
Median Rent
27.3% income on rent
54°F
Avg Temperature
293 sunny days/yr
398
Violent Crime/100K
2,330 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$57,997 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$96,900 home value, $769/mo rent
F
Safety
1.0 / 5.0
398 violent crimes/100K (5% above avg)
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Housing Overview
Median Home Value
$96,900
66% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
4,184
Median year built: 1966
Home Value by Source
Census Median
$96,900
Zillow (ZHVI)
$136,320
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$769/mo
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $96,900 |
| Zillow Home Value (ZHVI) | $136,320 |
Rent
| Census Median Rent | $769 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 4,184 |
| Median Year Built | 1966 |
| Rent Burden | 27.3% |