What percentage of people rent in Olney, IL?

Name: Renters and owners in Olney, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

34.6% (±4.8 points) of the occupied homes in Olney, IL are rented (2020–2024 American Community Survey).

That is 1,247 renting households against 2,352 that own their home.

In Olney, the share of households that rent went from 38.7% in 2015–2019 to 34.6% in 2020–2024 (−4.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 34.6% (±4.8 points)
Renting households: 1,247 (±192)
Median renter income: $28,403 (±$10,551)

Who rents and who owns in Olney

Tenure, estimate (90% margin of error)
	Olney	Richland County	Illinois	United States
Renter-occupied share	34.6% (±4.8 points)	26.2% (±3.0 points)	32.9% (±0.2 points)	34.8%
Renting households	1,247 (±192)	1,691 (±212)	1,657,539 (±10,322)	45,017,354
Owning households	2,352 (±227)	4,752 (±230)	3,378,910 (±14,728)	84,210,142
Average renter household size	2.0 (±0.2)	2.1 (±0.2)	2.2 (±0.0)	2.3
Average owner household size	2.5 (±0.2)	2.5 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$28,403 (±$10,551)	$34,469 (±$9,299)	$50,420 (±$471)	$52,966
Median owner household income	$77,908 (±$9,504)	$78,757 (±$3,445)	$103,505 (±$377)	$100,009

In Olney, the renter share is higher than in Richland County (26.2%).

It is not measurably different from Illinois (32.9%).

It is not measurably different from the national figure (34.8%).

In Richland County, Olney ranks 1 of 14 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 311 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Olney has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	38.7% (±4.3 points)	34.6% (±4.8 points)	−4.1 percentage points	Not a measurable change
Median gross rent	$539 (±$34)	$809 (±$39)	+50.1%	Up after inflation
Median household income	$39,929 (±$3,062)	$59,980 (±$8,256)	+50.2%	Up after inflation

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.

Households that rent in places near Olney

Nearest places with a published estimate, compared with Olney
Place	Distance	Households that rent	Compared with this place
Olney	—	34.6% (±4.8 points)	—
Olney Township	1.2 mi	32.5% (±4.3 points)	Not measurably different
Preston Township	5.6 mi	23.2% (±13.9 points)	Not measurably different
Calhoun	5.7 mi	8.5% (±10.1 points)	Lower
Claremont	6.0 mi	24.3% (±19.4 points)	Not measurably different
Claremont Township	6.2 mi	6.1% (±4.9 points)	Lower
Noble Township	7.1 mi	24.4% (±10.3 points)	Not measurably different
Noble	7.5 mi	25.2% (±9.0 points)	Not measurably different
German Township	7.8 mi	8.3% (±13.0 points)	Lower

Nearby places with a measurably lower figure: Calhoun, IL (8.5%), Claremont Township, IL (6.1%), German Township, IL (8.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Richland County, place by place

Rank	Place	Households that rent
1	Olney	34.6% (±4.8 points)
2	Olney Township	32.5% (±4.3 points)
3	Noble	25.2% (±9.0 points)
4	Noble Township	24.4% (±10.3 points)
5	Claremont	24.3% (±19.4 points)
6	Preston Township	23.2% (±13.9 points)
7	Parkersburg	10.7% (±9.3 points)

Showing 7 of 14 places in Richland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Olney

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Olney, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Olney beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Olney, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Olney

How many renters are there in Olney?

Olney has an estimated 1,247 (±192) renting households, 34.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Olney?

In Olney, the share of households that rent went from 38.7% in 2015–2019 to 34.6% in 2020–2024 (−4.1 percentage points), not a measurable change.

How big are renting households in Olney?

A renting household in Olney has 2.0 people on average, against 2.5 in an owned home.

How much do renters earn in Olney?

The median renting household in Olney, IL has an income of $28,403 (±$10,551) a year, against $77,908 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Olney city, Illinois (place:55912, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.