Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.8 yrs |
|---|---|
| Avg HH Size | 2.82 |
| Below Poverty | 11.8% ▲ 18% above avg |
| College Grads | 17.6% ▼ 55% below avg |
| Unemployment | 2.9% ▼ 41% below avg |
| HS Graduate | 338 (30%) |
| Some College | 449 (39.8%) |
| Associates | 143 (12.7%) |
| Bachelors | 86 (7.6%) |
| Graduate Degree | 112 (9.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,518 ▼ 39% below avg |
|---|---|
| Median Home Value | $133,000 ▼ 52% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,034/mo |
| Total Housing Units | 402 |
| Vacant Units | 37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Olney Springs is a city in Colorado, located in Crowley County. The city spans 1 ZIP code and is home to approximately 1,818 residents. It is a relatively young city, with a median age of 37.8 years.
Economically, Olney Springs is a working-class community. The median household income of $46,518 is below the national average. Approximately 11.8% of residents live below the poverty line. The unemployment rate is 2.9%, below the national average.
The real estate market in Olney Springs is one of the more affordable housing markets in the country. Median home values stand at $133,000, which is well below the national average. Renters typically pay around $1,034 per month. Homeownership is high at 64.1%, typical of suburban and family-oriented communities.
The population of Olney Springs is less-educated. 17.6% of adults hold a bachelor's degree or higher — well below the national average. The community is majority White (61.39%).
Olney Springs, CO offers residents a cost-conscious lifestyle within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 81062 | 1,818 | $46,518 | $133,000 | $1,034 | 2.9% | 17.6% | 64.1% |