Olympia Fields village, Illinois Demographics & Population 2026

Population Overview

Olympia Fields village is a small community located in Illinois. The total population is 4,636. It ranks as the 346th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Olympia Fields village is 45.0 years. This is 16% higher than the state median of 38.9 years. 17.6% 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 Olympia Fields village is $107,656. This is 32% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 37% higher. The poverty rate stands at 12.7%. This is 8% higher than the state poverty rate of 11.7%. The unemployment rate is 6.8%. This is 16% higher than the state rate of 5.8%. The median home value is $289,900. Housing costs are 16% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.7x, Olympia Fields village is one of the most affordable housing markets in the area. 85.9% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Olympia Fields village is Black or African American, making up 77.8% of the population. White (non-Hispanic) residents account for 18.7%. The White (non-Hispanic) population (18.7%) is well below the state average of 58.8%. The Black or African American population is significantly higher than the state average (77.8% vs 13.6%). The Hispanic or Latino population (0.4%) is well below the state average of 18.5%. The Asian population (1.5%) is well below the state average of 5.8%.

Education

48.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Olympia Fields village in the top 10% of all cities in the state for educational attainment. This is 31% higher 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 97.3%. Notably, 23.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Olympia Fields 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.