Housing data for Olio Township, IL
Olio Township, IL has an estimated 4,691 residents and 2,174 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Woodford County.
27.9% of households rent.
The median gross rent is $715 a month.
Its population shrank measurably since 2015–2019 (−4.4%).
Figures last updated on .
- Residents
- 4,691 (±14)
- Housing units
- 2,174 (±226)
- Households that rent
- 27.9%
- Median gross rent
- $715
- Residents since 2015–2019
- −4.4%
What stands out in Olio Township
Households that rent: 27.9% (±8.1 points) in Olio Township, higher than in Woodford County (14.3%).
Homes in buildings of 5 or more units: 15.1% (±6.5 points) in Olio Township, higher than in Woodford County (3.3%).
Median household income: $55,708 (±$15,996) in Olio Township, lower than in Woodford County ($91,483).
Median real estate taxes: $3,006 (±$503) in Olio Township, lower than in Woodford County ($4,215).
- Renters and owners in Olio Township
- Types of homes in Olio Township
- Income and affordability in Olio Township
- Property taxes in Olio Township
Housing in Olio Township at a glance
- Median rent: $715 median gross rent a month
- Rent by bedrooms: $844 median gross rent, 2 bedrooms
- Rent burden: 54.7% of renters pay 30% or more of income
- Renters and owners: 27.9% of households rent
- Income and affordability: $55,708 median household income
- Home values: $146,000 median home value
- Homeowner costs: $1,233 median monthly cost with a mortgage
- Property taxes: $3,006 median real estate taxes a year
- Types of homes: 15.1% of homes are in buildings of 5 or more units
- Bedrooms: 52.6% of homes have 3 or more bedrooms
- Age of homes: 71.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 54.7% heat with utility gas
- Commute and cars: 27.2 minutes average trip to work
- Growth: −4.4% residents since 2015–2019
- How long people stay: 21.9% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Olio Township against Woodford County, its state and the nation
| Olio Township | Woodford County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 4,691 (±14) | 38,312 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 2,174 (±226) | 15,758 (±49) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 27.9% (±8.1 points) | 14.3% (±1.8 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $715 (±$73) | $912 (±$86) | $1,274 (±$5) | $1,413 |
| Median household income | $55,708 (±$15,996) | $91,483 (±$4,526) | $83,390 (±$362) | $80,734 |
| Median home value | $146,000 (±$13,357) | $197,600 (±$8,696) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $3,006 (±$503) | $4,215 (±$174) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 71.4% (±15.3 points) | 62.1% (±3.9 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 27.2 minutes (±9.3) | 25.0 minutes (±1.4) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 81.5% (±7.4 points) | 87.7% (±1.9 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 40.6 years (±9.8) | 40.4 years (±0.5) | 39.0 years (±0.1) | 38.9 years |
Olio Township covers 31.4 square miles of land, about 149 residents per square mile (Census Bureau Gazetteer).
How Olio Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,909 (±22) | 4,691 (±14) | −4.4% | Measurable decrease |
| Housing units | 1,844 (±137) | 2,174 (±226) | +17.9% | Measurable increase |
| Median gross rent | $607 (±$127) | $715 (±$73) | +17.8% | No measurable change after inflation |
| Median home value | $127,900 (±$13,693) | $146,000 (±$13,357) | +14.2% | No measurable change after inflation |
| Median household income | $51,481 (±$9,703) | $55,708 (±$15,996) | +8.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,284 (±$163) | $1,233 (±$143) | −4.0% | Down after inflation |
| Median real estate taxes | $2,778 (±$250) | $3,006 (±$503) | +8.2% | No measurable change after inflation |
| Households that rent | 37.7% (±8.4 points) | 27.9% (±8.1 points) | −9.8 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±4.2 points) | 0.0% (±6.3 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
ZIP codes in Olio Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 61530 | 45% | 6,470 | $706 | $163,200 | $68,536 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Olio Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Eureka | 2.9 mi | $692 | $154,300 | 28.4% |
| Cruger Township | 4.0 mi | — | $254,300 | 13.5% |
| Montgomery Township (Woodford County) | 4.6 mi | $1,084 | $233,100 | 12.2% |
| Secor | 5.0 mi | $782 | $113,000 | 14.9% |
| Roanoke Township | 5.6 mi | $1,101 | $147,800 | 15.2% |
| Palestine Township | 5.9 mi | $1,078 | $294,600 | 10.8% |
| Goodfield | 6.0 mi | $1,156 | $246,400 | 7.4% |
| Roanoke | 6.0 mi | $1,101 | $139,900 | 15.7% |
Places in Illinois most like Olio Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Cissna Park | $745 | $130,300 | $56,667 | 27.6% |
| Momence | $803 | $154,800 | $58,365 | 33.2% |
| Sublette | $622 | $138,300 | $66,250 | 31.3% |
| Eureka | $692 | $154,300 | $56,048 | 28.4% |
| Franklin Grove | $800 | $124,400 | $58,618 | 26.0% |
| Durand | $796 | $135,500 | $65,688 | 28.4% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Olio Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $915 | $961 | $1,212 | $1,557 | $1,710 |
HUD income limits for Olio Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,300 | $37,150 | $59,450 |
| 2 people | $25,500 | $42,450 | $67,950 |
| 3 people | $28,700 | $47,750 | $76,450 |
| 4 people | $33,000 | $53,050 | $84,900 |
| 5 people | $38,680 | $57,300 | $91,700 |
| 6 people | $44,360 | $61,550 | $98,500 |
| 7 people | $50,040 | $65,800 | $105,300 |
| 8 people | $55,720 | $70,050 | $112,100 |
These are the limits HUD sets for its housing programs in the Peoria, IL MSA, where HUD’s median family income for fiscal year 2026 is $106,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Olio Township
What is the average rent in Olio Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Olio Township is $715 (±$73) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Olio Township?
The median gross rent for a one-bedroom home in Olio Township, IL is $701 (±$98) a month (2020–2024 American Community Survey).
Are renters in Olio Township rent-burdened?
54.7% of renting households in Olio Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Olio Township?
Olio Township has an estimated 572 (±183) renting households, 27.9% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Olio Township?
The median household income in Olio Township is $55,708 (±$15,996) a year (2020–2024 American Community Survey).
What is the average home value in Olio Township, IL?
The Census Bureau publishes the median: $146,000 (±$13,357) for owner-occupied homes in Olio Township (2020–2024 American Community Survey).
Is Olio Township growing?
In Olio Township, the number of residents went from 4,909 in 2015–2019 to 4,691 in 2020–2024 (−4.4%), a measurable decrease.
What ZIP codes are in Olio Township?
The ZIP code that covers Olio Township is 61530.
What is the median rent in ZIP code 61530?
The median gross rent in ZIP Code Tabulation Area 61530 is $706 (±$86) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olio township, Woodford County, Illinois
- HUD Fair Market Rents, fiscal year 2027: Peoria, IL MSA
- HUD Income Limits, fiscal year 2026: Peoria, IL MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Olio township, Woodford County, Illinois (county subdivision:55821, in state:17 county:203).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .