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Olympia Fields, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,734
Population
$123,875
Median Income
$329,000
Home Value
46.6
Median Age

Demographics

Olympia Fields has a population of 4,734 with a median age of 46.6. Here is the racial and ethnic breakdown of the population:

Black
75.7%
White
17.1%
Other
4.5%
Asian
1.9%
Hispanic
0.8%
Demographic Value
Total Population4,734
Median Age46.6
White17.1%
Black or African American75.7%
Asian1.9%
Hispanic or Latino0.8%
Other / Two or More Races4.5%
Olympia Fields, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 75.7%White: 17.1%Other: 4.5%Other: 2.7%4,734PopulationBlackBlack75.7%WhiteWhite17.1%OtherOther4.5%OtherOther2.7%

Income & Economy

The median household income in Olympia Fields is $123,875, which is 53.7% above the national median of $80,610. The per capita income is $56,655. The poverty rate is 13.7%.

$123,875
Median Household Income
$56,655
Per Capita Income
13.7%
Poverty Rate

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Education

In Olympia Fields, 97.8% of residents age 25+ have a high school diploma or higher, and 50.4% hold a bachelor's degree or higher (24.5% with a graduate or professional degree).

HS Diploma+
97.8%
Bachelor's+
50.4%
Graduate+
24.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.8%
Bachelor's Degree or Higher50.4%
Graduate or Professional Degree24.5%

Housing

The median home value in Olympia Fields is $329,000, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 88.8%.

$329,000
Median Home Value
$3,501/mo
Median Rent
88.8%
Homeownership Rate
Housing Metric Value
Median Home Value$329,000
Median Monthly Rent$3,501
Homeownership Rate88.8%
Vacancy Rate10.5%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Olympia Fields, Illinois?
The population of Olympia Fields, Illinois is 4,734 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Olympia Fields, Illinois?
The median household income in Olympia Fields, Illinois is $123,875. This is 53.7% above the national median of $80,610.
What is the median home value in Olympia Fields, Illinois?
The median home value in Olympia Fields, Illinois is $329,000. The median monthly rent is $3,501.
What percentage of people in Olympia Fields have a college degree?
In Olympia Fields, Illinois, 50.4% of adults age 25 and older hold a bachelor's degree or higher, and 97.8% have a high school diploma or higher.
Is Olympia Fields, Illinois an affordable place to live?
The home price-to-income ratio in Olympia Fields, Illinois is 2.7x (median home value $329,000 vs. median income $123,875), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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