62450 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 62450 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIllinois
CityOlney
Time ZoneAmerica/Chicago
Geo Location38.71236, -88.09042
Population12551
Size394.065 square miles
Median Family Income$71731.00
Median Home Value$98200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 62450 zip code. The total population is 12551, of which, 6111 are male and 6440 are female. With a total area of 394.065 square miles, the population density is 31 people per square mile. The median age of the population is 42.7 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201112115
201212152
201312211
201412165
201512439
201612485
201712317
201812230
201912216
202012274
202112551

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 7916.3%
Age 5-96775.4%
Age 10-149307.4%
Age 15-198486.8%
Age 20-246875.5
Age 25-296625.3%
Age 30-346395.1%
Age 35-396365.1%
Age 40-44826 6.6%
Age 45-497465.9%
Age 50-546815.4%
Age 55-599947.9%
Age 60-648596.8%
Age 65-697245.8%
Age 70-746084.8%
Age 75-795704.5%
Age 80-843142.5%
Age 85 and over3592.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 3.9 %
  • Speaks Spanish: 2.2 %
  • Speaks Other Indo-European Language: 1.2 %
  • Speaks Pacific Island Languages: 0.5 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 47.1 %
  • Divorced: 16.5 %
  • Separated (not divorced): 1.6 %
  • Never Married: 26.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 62450 zip code is $71731. This is -14.65% less than the national average. This income places 14.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $25279. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0097
$10,000.00 – $14,999.0056
$15,000.00 – $24,999.00141
$25,000.00 – $34,999.00331
$35,000.00 – $49,999.00459
$50,000.00 – $74,999.00664
$75,000.00 – $99,999.00558
$100,000.00 – $149,999.00610
$150,000.00 – $199,999,00161
$200,000.00 +171

YearMedian Family Income ($ USD)
201155128
201253653
201354408
201454167
201551889
201654512
201755910
201860036
201962440
202070856
202171731

Income Source# of Households
Wage or Salary3567
Self Employment556
Social Security2023
Dividends, Interest, or Rental1122
Retirement1245
Other742

Total Insured & Uninsured Individuals: 
  • Families Insure: 11917
  • Families Uninsured: 431
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1245
  • No retirement income: 3782

Education

In the 62450 zip code, 92.9% of individuals over 25 years old have a high school degree or higher, and 20.3% have a bachelors degree or higher. Additionally, 12.3% of individuals 3 years and older are in private school, and 87.7% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 62450 zip, there are an estimated 6237 people in the labor force, of which, 5945 are employed, and 292 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 19.6 minutes. Of the total people that work, 258 worked from home and 5868 commuted. The average number of hours worked is 36.1. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts1659
Services1220
Sales and Office1178
Construction and Maintenance:412
Transportation and Material Moving1476





Housing

The median home value for the 62450 zip code is 98200. There is an estimated  5027 number of occupied housing units, the median gross rent in is $613 per month, and the average monthly housing costs are estimated to be $626. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000687
$50,000 – $99,0001092
$100,000 – $149,999512
$150,000 – $199,999444
$200,000 – $299,999534
$300,000 – $499,999172
$500,000 – $999,99972
$1,000,000+9

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019177
2000 – 2009364
1980 – 19991221
1960 – 19791529
1940 – 19591094
1939 or earlier642

The median number of rooms in all housing units is 5.9 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500402
$500 – $999761
$1,000 – $1,49979
$1,500 – $1,9995
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 17

Monthly Housing Costs ($)Number of Households
Less than 300751
300-4991041
500-7991297
800-999763
1000-1499647
1500-1999102
2000-2499119
2500-299941
3000+25

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1103
20%-24.9%168
25%-29.9%103
30%-34.9%67
35+%127



# of VehiclesHouseholds
None395
11639
21777
3+1216
Home Heating Characteristics: 
  • Utility Gas: 63.8 %
  • Bottle Tank or LP Gas: 13.1 %
  • Electricity: 20.7 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 2.3 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.