Income & Economy in Olney city, IL (62450)
Median Income
$60,133
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+691
Wealth inflow
Population
12,406
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 691 for ZIP 62450 (Olney city, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 62450 (2020–Present)
Since 2020, population grew 1.1%, median income fell 5.4% (inflation-adjusted), home values increased 2.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,133 |
| Unemployment | 4.3% |
| Establishments | 372 |
| Employees | 5,178 |