What is the median home price in Olney?

The median home price in Olney, Olney city, Illinois is $92,300, which is 67% below the national average of 281,900 ($281,900).

Olney, Olney city, Illinois has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the Walk Score for Olney?

Olney, Olney city, Illinois has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 21/100.

What is the median household income in Olney?

The median household income in Olney, Olney city, Illinois is $57,260, which is 23% below the national average of 74,580 ($74,580).

What is the average rent in Olney?

The median rent in Olney, Olney city, Illinois is $1,354 per month. The national average median rent is $1,163/month.

What is the air quality in Olney?

Olney, Olney city, Illinois has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Olney?

The population of Olney, Olney city, Illinois is approximately 8,995. The homeownership rate is 90.0% (national average: 65.9%).

What are the climate risks in Olney?

Olney, Olney city, Illinois has an overall climate risk rating of "Relatively Moderate" with a risk score of 73.10. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Olney, Olney city, Illinois has an affordability index of 218, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 15.0¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Olney?

The unemployment rate in Olney, Olney city, Illinois is 5.6%. The national average unemployment rate is 3.7%. The poverty rate is 18.2% (national average: 12.4%).

Olney

Olney city, Illinois

Affordable

About Olney

Olney, Illinois offers a refreshing escape from the hustle and high prices of the national landscape. Imagine a place where the median home value is a mere $92,300, a stark contrast to the national average, making homeownership an achievable dream. Here, a solid income of $57,260 stretches much further, allowing for a comfortable lifestyle in a community of nearly 9,000 residents. Olney is known for its affordability, and you'll find a welcoming atmosphere and a pace of life that prioritizes community and connection.

From an investment standpoint, Olney presents a compelling case. While I don't have unemployment data readily available, the affordability factor alone makes this a very attractive spot. The housing market here caters to first-time homebuyers, those seeking a peaceful retirement, and anyone looking to escape high living costs. It’s a place where neighbors know each other, and the cost of living allows you to enjoy life's simple pleasures without the constant financial stress found in more expensive locales.

Olney, Illinois at a Glance

Olney is a city in Olney city, Illinois with a population of approximately 8,995. The median home value is $92,300 and the median household income is $57,260. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.