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Olney, IL
Considering a move to Olney, IL? This small city of about 8,650 residents offers affordable living, with median home prices around $94,500 and average rent near $700. Commutes are a breeze at just over 15 minutes, and the area enjoys a friendly, tight-knit feel. While property crime rates are a bit above national average, Olney boasts a strong healthcare presence and quality local schools. With 59% sunny days and low cost of living, Olney is ideal for those seeking a quiet pace and value for their dollar.
Olney, Illinois is a small city of 8,650 residents with a median age of 41.7, reflecting a mature and stable community. The population is predominantly White, with a balanced gender ratio and a modest percentage of non-English speakers, fostering a welcoming and close-knit atmosphere.
Olney offers an affordable cost of living, with median home values at $94,500 and average rents around $700, making it an attractive choice for budget-conscious individuals. Utilities and essential expenses remain reasonable, while the overall cost of living index is notably lower than the national average, ensuring your dollar stretches further.
Olney experiences a property crime rate higher than average, with a 1 in 49 chance, while violent crime remains relatively low at 263 incidents per 100,000 people. Residents generally feel safe, but it’s wise to stay vigilant and take standard precautions, particularly regarding property security.
Olney enjoys four distinct seasons, with warm summers averaging highs of 87°F and cold winters dipping to 21°F. The city receives about 42 inches of rain annually and sees sunshine nearly 60% of the year, offering a pleasant mix of weather for outdoor enthusiasts.
Residents in Olney typically earn a household income of $46,000, with a median income of $28,800 and a poverty rate of 18.4%. The community is educated, with nearly 90% holding at least a high school diploma, and neighbors enjoy short commute times and a quiet, small-town lifestyle.
Olney supports quality education through well-rated public schools offering favorable student-teacher ratios, along with private school options. Higher education is accessible nearby, with colleges like Frontier Community College and Eastern Illinois University within commuting distance.
Olney provides reliable healthcare services, anchored by Carle Richland Memorial Hospital offering emergency care and general surgery. With 1.8 physicians per 1,000 residents and 91% health insurance coverage, healthcare access is convenient and comprehensive for locals.
The housing market in Olney is stable and affordable, with a median home price of $94,500 and a high owner-occupancy rate of 66.5%. Home values have experienced modest appreciation, while rental options remain accessible and vacancy rates are manageable.
Olney residents are served by the Illinois Secretary of State Facility at 1406 W Main St, providing convenient access to driver’s license and vehicle registration services. Up-to-date information and resources are available through the state’s official website.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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