Olmsted village, Illinois Demographics & Population 2026
As of 2026, Olmsted village, Illinois has a total population of 257, the 1136th largest city in Illinois, with a median household income of $34,375, which is 58% lower than the state average. The poverty rate is 16.0%.
Key Takeaways
- Household income is 58% below the state average, indicating significant economic challenges.
- Only 5.7% of adults have a bachelor's degree, well below the national average of 35.0%.
- Near full employment with an unemployment rate of just 0.0%.
Olmsted village Quick Facts
How Olmsted village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Olmsted village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Olmsted village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Alexander CDP | 258 | N/A | $121,400 | 24.8% | 5.8% |
| Dundas CDP | 264 | N/A | $77,800 | 0.0% | 0.0% |
| Willow Hill village | 266 | $34,464 | N/A | 2.1% | 45.5% |
| McClure village | 245 | $36,667 | $47,500 | 11.2% | 24.1% |
| Taylor Ridge CDP | 237 | N/A | $162,500 | 23.0% | 0.0% |
Population Overview
Olmsted village is a small community located in Illinois. The total population is 257. It ranks as the 1136th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Olmsted village is 57.4 years. This is 48% higher than the state median of 38.9 years. Only 12.4% of residents are under 18, indicating fewer families with children. 18.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Olmsted village is $34,375. This is 58% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 56% lower. The poverty rate stands at 16.0%. This is 36% higher than the state poverty rate of 11.7%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.8%. 71.1% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 66.8%.
Race & Ethnicity
The largest racial or ethnic group in Olmsted village is White (non-Hispanic), making up 73.2% of the population. Black or African American residents account for 19.1%.
Education
5.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 85% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.1%.
Data Sources & Methodology
All demographic data for Olmsted village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Olmsted village, Illinois?
Olmsted village, Illinois has a population of 257 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Olmsted village, IL?
The median household income in Olmsted village is $34,375, which is 56% lower the national median of $78,538.
What is the poverty rate in Olmsted village, IL?
The poverty rate in Olmsted village is 16.0%. This means approximately 41 residents live below the federal poverty line.
What is the racial makeup of Olmsted village, Illinois?
Olmsted village's population is 73.2% White, 19.1% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Olmsted village, IL?
The median home value in Olmsted village is N/A.
How educated is Olmsted village, Illinois?
5.7% of adults (25+) in Olmsted village hold a bachelor's degree or higher, and 1.4% hold a graduate or professional degree.