Housing data for Olympia Fields, IL
Olympia Fields, IL has an estimated 4,734 residents and 2,181 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Cook County.
11.2% of households rent.
The median gross rent is $3,500 or more a month.
Figures last updated on .
- Residents
- 4,734 (±456)
- Housing units
- 2,181 (±324)
- Households that rent
- 11.2%
- Median gross rent
- $3,500 or more
- Residents since 2015–2019
- −1.8%
What stands out in Olympia Fields
Renters paying 30% or more of income: 94.5% (±18.2 points) in Olympia Fields, higher than in Cook County (48.9%).
Households that rent: 11.2% (±5.8 points) in Olympia Fields, lower than in Cook County (42.3%).
Homes in buildings of 5 or more units: 7.1% (±4.0 points) in Olympia Fields, lower than in Cook County (34.8%).
Median real estate taxes: $9,686 (±$790) in Olympia Fields, higher than in Cook County ($6,191).
Housing in Olympia Fields at a glance
- Median rent: $3,500 or more median gross rent a month
- Rent burden: 94.5% of renters pay 30% or more of income
- Renters and owners: 11.2% of households rent (Small sample: wide margin of error)
- Income and affordability: $123,875 median household income
- Home values: $329,000 median home value
- Homeowner costs: $2,567 median monthly cost with a mortgage
- Property taxes: $9,686 median real estate taxes a year
- Types of homes: 7.1% of homes are in buildings of 5 or more units
- Bedrooms: 89.9% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 50.1% of homes were built before 1980
- Vacancy rate: 19.6% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 86.6% heat with utility gas
- Commute and cars: 42.8 minutes average trip to work
- Crime reported to police: 175 violent crimes per 100,000 residents
- Growth: −1.8% residents since 2015–2019
- How long people stay: 23.6% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $2,410 Small Area FMR, 2 bedrooms (ZIP 60461)
Olympia Fields against Cook County, its state and the nation
| Olympia Fields | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 4,734 (±456) | 5,182,090 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 2,181 (±324) | 2,276,493 (±389) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 11.2% (±5.8 points) | 42.3% (±0.3 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $3,500 or more | $1,435 (±$7) | $1,274 (±$5) | $1,413 |
| Median household income | $123,875 (±$32,426) | $83,498 (±$630) | $83,390 (±$362) | $80,734 |
| Median home value | $329,000 (±$24,149) | $324,500 (±$1,460) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $9,686 (±$790) | $6,191 (±$30) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 50.1% (±11.3 points) | 73.3% (±0.4 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 42.8 minutes (±6.6) | 31.5 minutes (±0.2) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 91.7% (±4.1 points) | 90.6% (±0.2 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 46.6 years (±9.9) | 38.0 years (±0.1) | 39.0 years (±0.1) | 38.9 years |
Olympia Fields covers 2.9 square miles of land, about 1,611 residents per square mile (Census Bureau Gazetteer).
How Olympia Fields has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,821 (±269) | 4,734 (±456) | −1.8% | Not a measurable change |
| Housing units | 2,054 (±239) | 2,181 (±324) | +6.2% | Not a measurable change |
| Median home value | $226,500 (±$13,921) | $329,000 (±$24,149) | +45.3% | Up after inflation |
| Median household income | $98,977 (±$13,039) | $123,875 (±$32,426) | +25.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,240 (±$148) | $2,567 (±$281) | +14.6% | No measurable change after inflation |
| Median real estate taxes | $8,081 (±$718) | $9,686 (±$790) | +19.9% | No measurable change after inflation |
| Households that rent | 16.4% (±6.2 points) | 11.2% (±5.8 points) | −5.2 percentage points | Not a measurable change |
| Rental vacancy rate | 9.0% (±11.2 points) | 19.6% (±20.6 points) | +10.6 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.
Crime reported to police in Olympia Fields
In 2025, the Olympia Fields Police Department reported 175 violent and 3,856 property crimes per 100,000 residents to the FBI.
Across Cook County, the departments that report recorded 294 violent and 2,162 property crimes per 100,000 residents that year.
ZIP codes in Olympia Fields
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60461 | 87% | 4,761 | $3,500 or more | $328,000 | $124,417 |
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 Olympia Fields
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Flossmoor | 1.2 mi | $2,164 | $344,800 | 4.9% |
| Rich Township | 2.2 mi | $1,434 | $223,900 | 25.5% |
| Park Forest | 2.8 mi | $1,365 | $115,300 | 34.2% |
| Matteson | 3.0 mi | $1,580 | $250,600 | 22.6% |
| Homewood | 3.0 mi | $1,333 | $221,100 | 18.3% |
| Chicago Heights | 3.1 mi | $1,038 | $161,000 | 36.6% |
| Country Club Hills | 3.4 mi | $1,709 | $192,000 | 26.0% |
| Hazel Crest | 3.6 mi | $1,320 | $185,300 | 25.0% |
HUD Fair Market Rent for Olympia Fields, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Olympia Fields, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
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 Olympia Fields
What is the average rent in Olympia Fields, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Olympia Fields is $3,500 or more a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Olympia Fields rent-burdened?
94.5% of renting households in Olympia Fields pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What is the median household income in Olympia Fields?
The median household income in Olympia Fields is $123,875 (±$32,426) a year (2020–2024 American Community Survey).
What is the average home value in Olympia Fields, IL?
The Census Bureau publishes the median: $329,000 (±$24,149) for owner-occupied homes in Olympia Fields (2020–2024 American Community Survey).
What is the average mortgage payment in Olympia Fields?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Olympia Fields, IL is $2,567 (±$281) a month, including taxes, insurance and utilities.
How much are property taxes in Olympia Fields?
The median real estate tax paid by homeowners in Olympia Fields, IL is $9,686 (±$790) a year (2020–2024 American Community Survey).
Is Olympia Fields growing?
In Olympia Fields, the number of residents went from 4,821 in 2015–2019 to 4,734 in 2020–2024 (−1.8%), not a measurable change.
What ZIP codes are in Olympia Fields?
The ZIP code that covers Olympia Fields is 60461.
What is the median rent in ZIP code 60461?
The median gross rent in ZIP Code Tabulation Area 60461 is $3,500 or more a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Olympia Fields village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olympia Fields village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Olympia Fields village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Olympia Fields village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Olympia Fields village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Olympia Fields village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olympia Fields village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Olympia Fields Police Department (ORI IL0168200)
- FBI: Uniform Crime Reporting statistics and their proper use
- 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 Olympia Fields village, Illinois (place:55938, in state:17).
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 .