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Olney City, Illinois Economic Analysis

   (County: Richland County)

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Economic Analysis

People and the communities they live in depend on money. The people of Olney City, Illinois need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Illinois

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.92 7.77 5.40 6.70 0.00 7.49
  Total Electric Industry 9.92 7.77 5.40 6.70 0.00 7.49
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.87 7.95 5.49 6.84 0.00 7.63
  Total Electric Industry 9.87 7.95 5.49 6.84 0.00 7.63
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.29 8.09 5.47 6.93 0.00 7.69
  Total Electric Industry 10.29 8.09 5.47 6.93 0.00 7.69
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.28 8.00 5.45 7.03 0.00 7.75
  Total Electric Industry 10.28 8.00 5.45 7.03 0.00 7.75
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.98 7.68 5.18 6.47 0.00 7.41
  Total Electric Industry 9.98 7.68 5.18 6.47 0.00 7.41
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.37 7.88 5.27 6.80 0.00 7.69
  Total Electric Industry 10.37 7.88 5.27 6.80 0.00 7.69
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.34 7.97 5.24 6.84 0.00 7.69
  Total Electric Industry 10.34 7.97 5.24 6.84 0.00 7.69
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.43 7.93 5.29 6.84 0.00 7.71
  Total Electric Industry 10.43 7.93 5.29 6.84 0.00 7.71
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.85 7.77 5.11 6.80 0.00 7.46
  Total Electric Industry 9.85 7.77 5.11 6.80 0.00 7.46
1999              
  Energy-Only Providers 5.00 2.42 2.14 0.00 0.00 2.23
  Full-Service Providers 8.83 7.39 5.02 5.95 0.00 6.98
  Total Electric Industry 8.83 7.38 4.99 5.95 0.00 6.96
2000              
  Energy-Only Providers 0.00 5.49 6.92 0.00 0.00 6.28
  Full-Service Providers 8.83 7.53 4.76 5.55 0.00 6.99
  Total Electric Industry 8.83 7.31 4.99 5.63 0.00 6.94
2001              
  Delivery-Only Service 0.00 1.71 0.95 1.48 0.00 1.29
  Energy-Only Providers 0.00 4.60 4.18 4.49 0.00 4.37
  Full-Service Providers 8.71 7.51 4.57 6.48 0.00 7.02
  Total Electric Industry 8.71 7.40 4.65 6.37 0.00 6.90
2002              
  Delivery-Only Service 0.00 2.57 1.62 3.08 0.00 2.02
  Energy-Only Providers 0.00 5.69 3.67 3.97 0.00 4.37
  Full-Service Providers 8.39 7.41 4.75 5.76 0.00 7.01
  Total Electric Industry 8.39 7.52 4.89 5.88 0.00 6.94
2003              
  Delivery-Only Service 0.00 2.30 1.44 0.00 0.00 1.73
  Energy-Only Providers 0.00 4.70 3.67 0.00 0.00 4.02
  Full-Service Providers 8.38 7.35 4.74 0.00 5.87 7.07
  Total Electric Industry 8.38 7.30 4.86 0.00 5.87 6.86
2004              
  Delivery-Only Service 0.00 1.81 1.11 0.00 0.00 1.40
  Energy-Only Providers 0.00 4.15 3.70 0.00 0.00 3.89
  Full-Service Providers 8.37 8.03 4.57 0.00 5.70 7.16
  Total Electric Industry 8.37 7.54 4.65 0.00 5.70 6.80
2005              
  Delivery-Only Service 0.00 1.66 0.89 0.00 0.00 1.25
  Energy-Only Providers 0.00 4.21 3.74 0.00 0.00 3.95
  Full-Service Providers 8.34 8.41 4.60 0.00 5.61 7.37
  Total Electric Industry 8.34 7.75 4.61 0.00 5.61 6.95
2006              
  Delivery-Only Service 0.00 1.54 0.88 0.00 0.00 1.21
  Energy-Only Providers 0.00 4.60 4.35 0.00 0.00 4.47
  Full-Service Providers 8.42 8.59 4.46 0.00 5.59 7.38
  Total Electric Industry 8.42 7.95 4.69 0.00 5.59 7.07

(updated 2006)



Time Leaving to Work in Olney City, Illinois

12:00 A.M. TO 4:59 A.M.   : 125   (3.5%)
5:00 A.M. TO 5:29 A.M.   : 98   (2.8%)
5:30 A.M. TO 5:59 A.M.   : 85   (2.4%)
6:00 A.M. TO 6:29 A.M.   : 236   (6.7%)
6:30 A.M. TO 6:59 A.M.   : 480   (13.5%)
7:00 A.M. TO 7:29 A.M.   : 412   (11.6%)
7:30 A.M. TO 7:59 A.M.   : 667   (18.8%)
8:00 A.M. TO 8:29 A.M.   : 362   (10.2%)
8:30 A.M. TO 8:59 A.M.   : 100   (2.8%)
9:00 A.M. TO 9:59 A.M.   : 178   (5.0%)
10:00 A.M. TO 10:59 A.M.   : 100   (2.8%)
11:00 A.M. TO 11:59 A.M.   : 33   (0.9%)
12:00 P.M. TO 3:59 P.M.   : 315   (8.9%)
4:00 P.M. TO 11:59 P.M.   : 352   (9.9%)


(updated 2010)



Means Of Transportation
(Olney City, Illinois)

Car, truck, or van:

Drove alone : 3,070

Carpooled:

In 2-person carpool : 287

In 3-person carpool : 94

In 4-person carpool : 5

In 5- or 6-person carpool : 21

In 7-or-more-person carpool : 16

Public transportation (excluding taxicab):

Bus or trolley bus : 12

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 22

Walked : 62

Other means : 24

Worked at home : 88


(updated 2009)



Travel Time To Work
(Olney City, Illinois)

Less than 5 minutes : 414

5 to 9 minutes : 1,451

10 to 14 minutes : 613

15 to 19 minutes : 227

20 to 24 minutes : 160

25 to 29 minutes : 85

30 to 34 minutes : 169

35 to 39 minutes : 43

40 to 44 minutes : 100

45 to 59 minutes : 152

60 to 89 minutes : 128

90 or more minutes : 71


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Olney City, Illinois)

With Social Security income : 1,337

No Social Security income : 2,586


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Olney City, Illinois)

With retirement income : 668

No retirement income : 3,255


(updated 2009)



Family Income (Annual)
(Olney City, Illinois)

Less than $10,000 : 120

$10,000 to $14,999 : 160

$15,000 to $19,999 : 89

$20,000 to $24,999 : 117

$25,000 to $29,999 : 233

$30,000 to $34,999 : 94

$35,000 to $39,999 : 171

$40,000 to $44,999 : 172

$45,000 to $49,999 : 133

$50,000 to $59,999 : 202

$60,000 to $74,999 : 322

$75,000 to $99,999 : 225

$100,000 to $124,999 : 151

$125,000 to $149,999 : 95

$150,000 to $199,999 : 26

$200,000 or more : 72


(updated 2009)



Median Family Income (Annual)
(Olney City, Illinois)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $47,550


(updated 2009)



AM Radio Stations Near Olney City, Illinois

  • WVMC (1360 AM; 0.5 kW; Mount Carmel, IL; Owner: Wabash Communications, Inc.)
  • WFIW (1390 AM; 0.71 kW; Fairfield, IL; Owner: Wayne County Broadcasting Co., Inc.)
  • WTAY (1570 AM; 0.25 kW; Robinson, IL; Owner: Ann Broadcasting Corp.)
  • WVLN (740 AM; 0.25 kW; Olney, IL; Owner: V.l.n. Broadcasting, Inc.)
  • WAKO (910 AM; 0.5 kW; Lawrenceville, IL; Owner: Lawrenceville Broadcasting Co., Inc.)

FM Radio Stations Near Olney City, Illinois

  • WTYE (101.7 FM; Robinson, IL; Owner: Ann Broadcasting Corporation)
  • WAKO-FM (103.1 FM; Lawrenceville, IL; Owner: Lawrenceville Broadcasting Co., Inc.)
  • WIKK (103.5 FM; Hidalgo, IL; Owner: V.l.n. Broadcasting, Inc.)
  • WNOI (103.9 FM; Flora, IL; Owner: H & R Communications, Inc.)
  • WFIW-FM (104.9 FM; Fairfield, IL; Owner: Wayne County Broadcasting Co., Inc.)
  • WOKZ (105.9 FM; Fairfield, IL; Owner: Wayne County Broadcasting Co., Inc.)
  • WPTH (88.1 FM; Olney, IL; Owner: Olney Voice Of Christian Faith, Inc.)
  • NEW (88.5 FM; Oblong, IL; Owner: Harvest Christian Fellowship, Inc.)
  • WVJC (89.1 FM; Mount Carmel, IL; Owner: Illinois Eastern Community Colleges)
  • WUSI (90.3 FM; Dundas, IL; Owner: Board Of Trustees Of Southern Illinois University)
  • WBJW (91.7 FM; Albion, IL; Owner: Music Ministries Inc)
  • WSEI (92.9 FM; Olney, IL; Owner: V.l.n. Broadcasting, Inc.)
  • WYNG (94.9 FM; Mount Carmel, IL; Owner: W. Russell Withers, Jr.)

TV Broadcast Stations Near Olney City, Illinois

  • WUSI-TV (Channel 16; Dundas, IL; Owner: Board Of Trustees Southern Illinois University)

(updated 2008)



Occupations in Olney City, Illinois

Male:


  • Management, Professional, And Related Occupations: 534  (28.6%)
  • Service Occupations: 228  (12.2%)
  • Sales And Office Occupations: 381  (20.4%)
  • Farming, Fishing, And Forestry Occupations 6  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 297  (15.9%)

Female:


  • Management, Professional, And Related Occupations: 601  (32.6%)
  • Service Occupations: 554  (30.0%)
  • Sales And Office Occupations: 518  (28.1%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 15  (0.8%)


(updated 2010)





There are 277 Farms In Olney City, Illinois


(updated 2008)



Banks In Olney City, Illinois

First National Bank In Olney - 3 Branches


    Bank Assets: $926.5k
    Industry Specialization: Agricultural
    Total Offices: 7

First Financial Bank, National Association - 2 Branches


    Bank Assets: $5.8m
    Industry Specialization: Commercial Lending
    Total Offices: 241

Trustbank - 2 Branches


    Bank Assets: $356.8k
    Industry Specialization: Agricultural
    Total Offices: 7

Citizens National Bank Of Albion - 1 Branches


    Bank Assets: $279.5k
    Industry Specialization: Agricultural
    Total Offices: 4

(updated 2014)







Airports Near Olney City, Illinois

  • Flora Municipal


    (about 20.5 miles in Flora, Illinois; Airport Code: FQL)

  • Lawrenceville-Vincennes International


    (about 26.0 miles in Lawrenceville, Illinois; Airport Code: LWV)

  • Salem/Leckrone


    (about 47.9 miles in Salem, Illinois; Airport Code: SLO)

  • Mount Vernon Airport


    (about 50.5 miles in Mount Vernon, Illinois; Airport Code: MVN)

  • Coles County Memorial


    (about 52.7 miles in Mattoon, Illinois; Airport Code: MTO)

  • Evansville Regional


    (about 56.4 miles in Evansville, Indiana; Airport Code: EVV)

  • Evansville Dress Regional


    (about 56.4 miles in Evansville, Indiana; Airport Code: EVV)

  • Centralia Municipal


    (about 56.6 miles in Centralia, Illinois; Airport Code: ENL)


(updated 2015)



Modes of Transportation in Olney City, Illinois

Car, Truck, Or Van:

 

Drove Alone

84.33%

Carpooled

10.01%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.22%

Motorcycle

0.0%

Bicycle

0.16%

Walked

2.20%

Other Means

0.49%

Worked At Home

2.58%



(updated 2010)





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