Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.4 yrs |
|---|---|
| Avg HH Size | 2.13 |
| Below Poverty | 19.7% ▲ 97% above avg |
| College Grads | 29.3% ▼ 24% below avg |
| Unemployment | 4.8% ≈ Avg |
| No HS Diploma | 76 (2.9%) |
| HS Graduate | 837 (31.6%) |
| Some College | 480 (18.1%) |
| Associates | 480 (18.1%) |
| Bachelors | 230 (8.7%) |
| Graduate Degree | 546 (20.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $41,869 ▼ 45% below avg |
|---|---|
| Median Home Value | $98,100 ▼ 65% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $475/mo |
| Total Housing Units | 2,074 |
| Vacant Units | 271 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Olney is a city in Texas, located in Young County. The city spans 1 ZIP code and is home to approximately 3,915 residents. It is a middle-aged city, with a median age of 40.4 years.
Economically, Olney is a working-class community. The median household income of $41,869 is below the national average. Approximately 19.7% of residents live below the poverty line. The unemployment rate is 4.8%, near the national average.
The real estate market in Olney is one of the more affordable housing markets in the country. Median home values stand at $98,100, which is well below the national average. Renters typically pay around $475 per month. Homeownership is high at 66.7%, typical of suburban and family-oriented communities.
The population of Olney is moderately educated. 29.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (75.35%).
Olney, TX offers residents a cost-conscious lifestyle within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 76374 | 3,915 | $41,869 | $98,100 | $475 | 4.8% | 29.3% | 66.7% |