Olney Illinois Real Estate
Olney, Illinois, is located in Richland County, 59 miles NW of Evansville, Indiana and 127 miles SW of Indianapolis, Indiana. Olney has a population of 8,631.
Olney Homes
Olney properties pool is 3,760 residential properties including Olney new homes. Median age of real estate in Olney is 1958. Average Household size is 2.89 people. 3% are one bedroom homes, 27% are 2 bedroom homes, 53% are 3 bedroom homes, 14% are 4 bedroom homes, and 3% are 5+ bedroom homes.
Olney Mortgage Statistics
Olney mortgages vs. USA median statistics
| Homes |
Olney |
USA |
| Homes With No Mortgage |
51% |
30% |
| Homes With Mortgage |
49% |
70% |
| First Mortgage Only |
44% |
54% |
| First & Second Mortgage or HELOC |
5% |
16% |
Olney Area Real Estate Tax
Olney Real estate Tax: Median Real Estate Taxes (2000) were $864 comparing to 1999 Median Family income $ 37,365. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Olney School District: Children make up 23.8% of Olney population. Olney has 2,057 under 18 years old residents, or 0.57 kids per one worker, or 0.55 kids per one household.
Olney Real Estate & Olney Homeownership
There are 1278.4 or 34% one person households, 1316 or 35% two person households, and 526.4 or 14% three person households in Olney, Illinois. Median residents age is 39.3, Senior citizens (65+) make up 1,768 or 20.5%% of Olney population.
There are 3,637 workers (over 16 years of age) in Olney. Of these, 94.34% drive to work. Approximately 0.22% of workers in Olney take public transportation. An estimated 2.2% walk to work.
Median Olney homeowner's housing expences are 14.7%
Crime in Olney (2003), crimes per 10,000 residents per year
| Type of Crime |
Olney |
USA, 2003 |
| Violent Crimes |
NaN |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
NaN |
358.8 |
| Burglaries |
NaN |
74.0 |
| Larceny-Thefts |
NaN |
241.5 |
| Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Olney Properties
When making a decision about buying real estate in Olney Illinois area, you should consider following statistical data:
| Category |
Olney |
USA |
| Near Medium City |
Evansville, Indiana |
- |
| Near Large City |
Indianapolis, Indiana |
- |
| Olney Zip Codes |
62450 |
- |
| Olney Area Codes |
618 |
- |
| White population |
97.67% |
75.1% |
| African-American population |
0.48% |
12.3% |
| Asian |
0.64% |
3.6% |
| American Indian & Alaskan |
0.16% |
0.9% |
| Hispanic (of any race) |
0.96% |
12.5% |
| Median Family Income (1999) |
$ 37,365% |
$42,000 |
| Population Below Poverty Level |
16.77% |
12.4% |
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