Illinois · Census place 55899
Olmsted village, IL
Quick answer
Olmsted village has 257 residents, ranking #1137 of 1462 places in Illinois. Median household income is $34,375, the median home is worth — and median gross rent runs $775 a month.
- Population
- 257Olmsted village residents
- Median household income
- $34,375Past 12 months, inflation adjusted
- Median home value
- —Owner-occupied units
- Median gross rent
- $775Rent plus utilities, monthly
- Median age
- 57.4 yrsAll residents
- Homeownership rate
- 71.1%Owner-occupied households
What the numbers mean in Olmsted village
Housing cost measured against local earnings.
A household earning the Olmsted village median would spend about 27.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. Poverty affects 16% of residents and 71.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Alexander CDP 258
- Oakford village 258
- Fillmore village 257
- St. Peter village 256
- Victoria village 255
- Donovan village 254
- Harvel village 254
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