Download
Share
Contents
Save
The total population of Olmsted is estimated to be 248 with 118 males (47.58%) and 130 females (52.42%). There are 12 more females than males in Olmsted.
The median household income in Olmsted was $26,686 in 2021, which marked an an increase of 1,190(4.67%) from $25,496 in 2020. This income is 35.77% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Olmsted sees its highest median household income among householders in the age group of 65 years and over old, at $24,996. Overall, the median household income for the village of Olmsted stands at $26,686.
In Olmsted, the median income for all workers aged 15 years and older, regardless of work hours, was $18,276 for males and $12,611 for females. However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $51,718 for females, while data for males was unavailable due to an insufficient number of sample observations.
In Olmsted, population is primarily represented by White households, reporting a median income of $35,130.
In 2022, the population of Olmsted was 274, a 1.44% decrease year-by-year from 2021. Previously, in 2021, Olmsted's population was 278, a decline of 1.42% compared to a population of 282 in 2020.
The median age in Olmsted, IL is 34.6, as per 2021 ACS 5-Year Estimates. Of the total population, 23.48% were under the age of 15, 15.24% aged 15 to 29, 33.54% aged 30 to 64, 24.09% aged 65 to 84, and 3.66% were 85 years of age and older.
Racial distribution of Olmsted population: 85.06% are White, 13.72% are Black or African American and 1.22% are multiracial.