Zip Code
62450
City
Olney, IL
Population & Migration
What is the forecasted population for Zip code 62450 Olney, IL?
- Population census 2020
- 12,274
- Forecasted population 2025
- 12,308
- 0.3% vs. 2020
- Forecasted population 2030
- 11,903
- -3% vs. 2020
Zip code 62450 Olney, IL population is forecasted to decrease 0.3% by 2025 (-4.4 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 12,308 people for 2025 zip code 62450 Olney, IL will generate a good demand for housing, which is expected to have an excess of -178 houses for 2030. Vacancy rate is 3.8 points above national US average.
- Total homes available 2020
- 5,916
- Estimated total home demand in 2030
- 5,737
- Total homes balance inventory
- -178
Average Household Income in zip code 62450 Olney, IL
from Internal Revenue Service
- Average household income in 2021
- $70,119
Affordability
- Affordability Index
- 1
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 62450 Olney, IL?
County total number of drinking water violations
107
-56%
244
County total number of drinking water contaminations
8
-67%
24
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