Olympia Fields 75 Excellent
Olympia Fields Livability #184 ranked city in Illinois#3,586 ranked city in the USARanks better than 87% of areas

Pros and Cons of Living in Olympia Fields

PROS
  • Commute

    An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Ratings

    Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in Olympia Fields?

Olympia Fields is a smaller city located in the state of Illinois. The city has a population of 5,028 inhabitants. With a total of 79%, the Black or African American racial group makes up the majority of the population in Olympia Fields. The next most represented races are 18% White and 1% Asian. An important consideration when living in Olympia Fields is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 36 minutes, far surpassing the national average of 26 minutes.

If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the city before actually living in Olympia Fields, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like amenities, cost of living, health & safety, education, employment and other key data points, finding the best places to live in Olympia Fields and in the areas around Olympia Fields is a much easier task.

Olympia Fields, IL receives 73/100 for its livability score; this results in a ranking of #215 in Illinois and #4,345 in the USA. For each of the livability categories, we see that Olympia Fields ranks very well for employment (A+) and housing (A-). There is at least one category that you should be aware of in Olympia Fields. The following was graded with a concerning score: amenities (F), crime (F) and cost of living (F).

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 109 crimes per 100,000 residents, which signifies that Olympia Fields boasts an impressively low violent crime rate that falls well below the national average.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Olympia Fields apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Assuming that Olympia Fields meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Olympia Fields. Everything else becomes a lot less important if it turns out that home prices in Olympia Fields are simply unattainable. Median real estate prices in Olympia Fields come in at $227,500, which is 30.1% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Olympia Fields, the home price to income ratio is 2.4, which is 20% lower than the Illinois average.

Best Places to Live in and Around Olympia Fields

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Compare Olympia Fields, IL Livability

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      Olympia Fields transportation information

      Statistic Olympia Fields Illinois National
      Average one way commute36min29min26min
      Workers who drive to work70.9%73.4%76.4%
      Workers who carpool14.4%8.3%9.3%
      Workers who take public transit7.3%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk1.3%3.1%2.8%
      Working from home4.8%4.4%4.6%
      Source: The Olympia Fields, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).