Olney, TX
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Olney, TX: Quick Facts & Overview
- Population: 3,015 residents (575 people per sq. mi.)
- Average House Price: $96,784
- Average Household Income: $36,250
Olney, TX is located in the state of Texas. It is home to about 3,015 people, with around 575 residents living in every square mile.
If you want to buy a house in Olney, the average price is around $96,784. That makes local housing 62% lower than the Texas average of $257,439, and 69% lower than the national average of $308,592.
The average household in Olney earns about $36,250 a year. This income is 52% lower than the average family in Texas ($75,691), and 54% lower than the national average ($78,686).
Population
3,015
Median Household Income
$36,250
Median Home Value
$96,784
Median Age
35.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $28,750 |
| Labor Force Participation | 58.8% |
| Unemployment Rate | 2.4% |
| Average Commute Time | 12.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.1% |
| Median Rent | $439 |
| Rent Burdened (>30% Income) | 17.4% |
| Total Housing Units | 1,302 |
Additional Census & Housing Profile
Geographic Overview
| County | Young |
| County FIPS | 48503 |
| Metro Area (CBSA) | - |
| Population Density | 575.3/sq mi |
| Coordinates (lat/lng) | 33.3644, -98.7585 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.88 |
| Dual Income Families | 47.2% |
Marital Status
| Married | 39.6% |
| Never Married | 34.6% |
| Divorced | 15.9% |
| Widowed | 9.9% |
Gender
| Male | 47.0% |
| Female | 53.0% |
Health & Poverty
| Uninsured Rate (Health) | 22.6% |
| Poverty Rate | 26.4% |
Key Population Groups
| Veterans | 4.8% |
| Disabled Population | 15.8% |
| Limited English Proficiency | 0.4% |
All ZIP Codes in Olney
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 76374 | 4,073 | $43,939 | $118,099 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Megargel, TX | 11.6 miles | 256 |
| Newcastle, TX | 11.7 miles | 716 |
| Archer City, TX | 17.6 miles | 1,233 |
| Graham, TX | 20.9 miles | 8,792 |
| Windthorst, TX | 23.7 miles | 537 |
| Bryson, TX | 25.4 miles | 659 |
| Scotland, TX | 25.9 miles | 629 |
| Throckmorton, TX | 27.4 miles | 649 |
| Woodson, TX | 29.6 miles | 504 |
| Holliday, TX | 31.3 miles | 1,661 |
| Seymour, TX | 32.9 miles | 2,623 |
| Lakeside City, TX | 34.5 miles | 1,234 |
| Jacksboro, TX | 35.9 miles | 4,334 |
| Wichita Falls, TX | 39.8 miles | 102,581 |
| Pleasant Valley, TX | 40.7 miles | 357 |
| Iowa Park, TX | 41.5 miles | 6,578 |
| Graford, TX | 41.8 miles | 654 |
| Breckenridge, TX | 42.9 miles | 5,170 |
| Jolly, TX | 42.9 miles | 185 |
| Goree, TX | 44.7 miles | 131 |
| Henrietta, TX | 45 miles | 3,167 |
| Dean, TX | 45.1 miles | 536 |
| Perrin, TX | 45.9 miles | 249 |
| Bellevue, TX | 46.6 miles | 359 |
| Electra, TX | 47.1 miles | 2,351 |
| Cashion Community, TX | 48.6 miles | 309 |
| Palo Pinto, TX | 48.9 miles | 208 |
| Munday, TX | 50.2 miles | 1,407 |
| Burkburnett, TX | 50.3 miles | 11,059 |