ZIP Code Tabulation Area

62450

Olney, IL · ACS 2020–2024

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Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
12,327
Median household income
$62,096
People below poverty
12%
Median home value
$116,500

Income

The median income of households in 62450 was $62,096. An estimated 7.2% of households had income below $10,000 a year and 5% had income of $200,000 or more.

Household Income in 62450 in 2020-2024

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Percent
Less than $10,000 7.2
$10,000 to $14,999 3.2
$15,000 to $24,999 8.5
$25,000 to $34,999 9.6
$35,000 to $49,999 11.6
$50,000 to $74,999 17.5
$75,000 to $99,999 16.3
$100,000 to $149,999 16
$150,000 to $199,999 5.1
$200,000 or more 5

Median Earnings for Full-Time Year-Round Workers by Sex in 62450 in 2020-2024

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Dollars
Male 50714
Female 47408

An estimated 73.5% of households received earnings. An estimated 34.5% of households received Social Security and an estimated 26 % of households received retirement income other than Social Security. The average income from Social Security was $23,247. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 62450 in 2020-2024

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Percent
Earnings 73.5
Social Security 34.5
Retirement income 26
Supplemental Security Income (SSI) 5.5
Cash public assistance income 1

Poverty and Participation in Government Programs

In 2020-2024, 12 % of people were in poverty. An estimated 11.9% of children under 18 were below the poverty level, compared with 11.8% of people 65 years old and over. An estimated 12.1% of people 18 to 64 years were below the poverty level.

Poverty Rates in 62450 in 2020-2024

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Percent
People in poverty 12
Children under 18 years below poverty 11.9
People 65 years old and over below poverty 11.8
People 18 to 64 years below poverty 12.1

In 2020-2024, 16.1 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 36.9% of households that received SNAP had children under 18, and 44.3% of households that received SNAP had one or more people 60 years and over. An estimated 22% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 62450 in 2020-2024, 94.4% had health insurance coverage and 5.6% did not have health insurance coverage. Private coverage was 63.7% and public coverage was 44.4%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 3.4%.


In 2020-2024, 62450 had a total population of 12,327 - 6,199 (50.3%) females and 6,128 (49.7%) males. The median age was 41.8 years. An estimated 23.4% of the population was under 18 years, 28.8% was 19 to 44 years, 24.9% was 45 to 64 years, and 20.7 % was 65 years and older.

Population by Age and Sex for 62450 in 2020-2024

Male Female
Under 5 331 363
5 to 9 343 400
10 to 14 468 435
15 to 19 461 357
20 to 24 276 329
25 to 29 372 349
30 to 34 346 303
35 to 39 257 417
40 to 44 536 370
45 to 49 384 359
50 to 54 394 343
55 to 59 329 346
60 to 64 452 459
65 to 69 420 369
70 to 74 246 337
75 to 79 213 304
80 to 84 130 152
85 and over 170 207

Hispanic Origin and Race

For people reporting one race alone, 92.6% were White; 0.5% were Black or African American; 13.3% were American Indian and Alaska Native; 0.7% were Asian; 0.2% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 4.2% reported Two or More Races. An estimated 2.4% of the people in 62450 were Hispanic or Latino. An estimated 92.2% of the people in 62450 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 5,119 households in 62450. The average household size was 2.35 people.

Married-couple households made up 44.4% of the households in 62450 while cohabiting couple households made up 6.9% of households. Female householders with no spouse or partner present were 24.4% of all households, while 24.3% of households had male householders with no spouse or partner present. Some households had one person, as 18.2% of households were male householders living alone, and 17.3% were female householders living alone, for a total of 35.5% of all households.

In 62450, 28.9% of all households had one or more people under the age of 18; 35.2% of all households had one or more people 65 years and over.

Types of Households in 62450 in 2020-2024

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Percent
Married-couple households 44.4
Cohabiting Couples 6.9
Male Householder
No spouse/partner present
24.3
Female Householder
No spouse/partner present
24.4

Marital Status

Among persons 15 and older, 46.4% of males and 47.3% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 29.2 26
Now married, except separated 46.4 47.3
Separated 2.3 1.3
Widowed 5.8 10.5
Divorced 16.2 14.9

Grandparents and Grandchildren

In 62450, 137 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 46.7% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 98.2% of the people living in 62450 were U.S. natives. 79.1% of the 62450 population were living in the state where they were born.

Approximately 1.8% of 62450 residents in 2020-2024 were foreign-born. 30.7% of foreign-born were naturalized U.S. citizens and an estimated 57.8 % entered the country before the year 2010.

Foreign-born residents of 62450 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 62450.

Region of Birth for the Foreign-Born Population in 62450 in 2020-2024

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Percent
Latin America 40.8
Asia 26.6
Europe 32.6
Africa 0
Northern America 0
Oceania 0

Language

Among people at least five years old living in 62450 in 2020-2024, 3.7 % spoke a language other than English at home. Spanish was spoken by 1.6% of people at least five years old; 2% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 62450 in 2020-2024

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Percent
Spanish 1.6
Other Indo-European languages 2
Asian and Pacific Islander languages 0
Other languages 0

Geographic Mobility

In 2020-2024, 89.9 % of the people at least one year old living in 62450 were living in the same house one year earlier.

Geographic Mobility of Residents of 62450 in 2020-2024

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Percent
Same house 89.9
Different house, same county 7
Different county, same state 2.4
Different state 0.7
Abroad 0.1

Education

In 2020-2024, 91.6 % of people 25 years and over had at least graduated from high school and 21.9% had a bachelor's degree or higher. An estimated 8.4% did not complete high school.

The total school enrollment in 62450 was 2,646 in 2020-2024. Nursery school enrollment was 180 and kindergarten through 12th grade enrollment was 2,019. College or graduate school enrollment was 447.

Educational Attainment of People in 62450 in 2020-2024

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Percent
Less than high school diploma 8.4
High school diploma or equivalency 35
Some college, no degree 18.6
Associate's degree 16.1
Bachelor's degree 15.3
Graduate or professional degree 6.6

Disability

In 62450, among the civilian noninstitutionalized population in 2020-2024, 17.6 % reported a disability. The likelihood of having a disability varied by age - from 1.7% of people under 18 years old, to 17.5% of people 18 to 64 years old, and to 37.2% of those 65 and over.


Employment Status and Type of Employer

In 62450, 60.4 % of the population 16 and over were employed; 37.7% were not currently in the labor force.

An estimated 80.2% of the people employed were private wage and salary workers; 12.2% were federal, state, or local government workers; and 7.7 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 4,751 80.2
Federal, state, or local government workers 721 12.2
Self-employed workers in own not incorporated business 455 7.7

Industries

In 2020-2024, the civilian employed population 16 years and older in 62450 worked in the following industries:

Percent by Industry in 62450 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 5.8
Construction 4.4
Manufacturing 16.1
Wholesale trade 3.5
Retail trade 17.5
Transportation and warehousing, and utilities 8.2
Information 0.7
Finance and insurance, and real estate and rental and leasing 3.7
Professional, scientific, and management, and administrative and waste management services 2.5
Educational services, and health care and social assistance 23.6
Arts, entertainment, and recreation, and accommodation, and food services 6.2
Other Services, except public administration 4
Public administration 3.8

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 62450 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 1,802 30.4
Service occupations 980 16.5
Sales and office occupations 1,189 20.1
Natural resources, construction, and maintenance occupations 478 8.1
Production, transportation, and material moving occupations 1,478 24.9

Commuting to Work

An estimated 80.6% of 62450 workers drove to work alone in 2020-2024, and 8.5% carpooled. Among those who commuted to work, it took them on average 18 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 62450 in 2020-2024

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Percent
Car, truck, van -- drove alone 80.6
Car, truck, van -- carpooled 8.5
Public transportation (excluding taxicab) 0
Walked 2
Other means 1.7
Worked from home 7.1

In 2020-2024, 62450 had a total of 5,923 housing units. Of these housing units, 79.4% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 9.4% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 11.2% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 62450 in 2020-2024

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Percent
Single-family houses 79.4
Apartments in multi-unit structures 9.4
Mobile homes 11.2
Boat, RV, van, etc 0

4.3% of the housing inventory was comprised of houses built since 2010, while 16.7% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 62450 was 5.7 rooms, and of these housing units 56.2% had three or more bedrooms.


In 2020-2024, 62450 had 5,119 housing units that were occupied or had people living in them, while the remaining 804 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 69.5% while renters occupied 30.5%. The average household size of owner-occupied houses was 2.5 and in renter-occupied houses it was 2.

3.7% of householders of these occupied houses had moved into their house since 2021, while 9.4% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 10.2% and another 24.3% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 62450:

House Heating Fuel Used in 62450 in 2020-2024

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Percent
Gas 74.1
Electricity 22.7
Fuel oil, kerosene, etc 0
All other fuels 3.2
No fuel used 0

In 2020-2024, the median property value for owner-occupied houses in 62450 was $116,500.

Of the owner-occupied households, 48.3 % had a mortgage. 51.7% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $1,131 and for owners without a mortgage it was $454.

For renter-occupied houses, the median gross rent for 62450 was $809. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.