62450 ZIP Code – Olney, Illinois

62450 is a ZIP code serving Olney, Illinois in Richland County with a population of approximately 12,327 residents. The median household income of $62,033 is below the Illinois average and below the national average. Median home values of $110,200 are well below the national average, with 69.5% owner-occupied housing (increasing). . Median rent is $724, which is below the U.S. average. Housing consists of 78% single-family (decreasing), 5% apartments (decreasing), 5% duplex/multi-family.

The unemployment rate is 4.3%, near the national average. An estimated 12.7% of the population falls below the poverty line, near the national figure. An estimated 21.2% of adults hold a bachelor's degree or higher, below the national average. The median age is 42.9, near the national median. ZIP codes in the surrounding area include 62868, 62421, 62425.

ZIP Code 62450 Data

Population 12,327
Median Household Income $62,033
Median Home Value $110,200
Median Rent $724
Median Age 42.9
Unemployment Rate 4.3%
Poverty Rate 12.7%
Bachelor's Degree or Higher 21.2%
State Illinois

ZIP 62450 vs. Illinois vs. U.S.

MetricZIP 62450IL Avg.U.S. Avg.
Population12k9,19710k
Median Household Income$62k$75k$73k
Median Home Value$110k$176k$258k
Median Rent$724$984$1,088
Median Age42.942.543.2
Unemployment Rate4.3%5.2%5.0%
Poverty Rate12.7%11.4%13.3%
Bachelor's Degree or Higher21.2%25.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
62868 NOBLE 1,706 $55,446
62421 CLAREMONT 406 $68,750
62425 DUNDAS 843 $111,016
62419 CALHOUN 258 $87,750
62452 PARKERSBURG 325 $49,375