Olney, TX
Full City Profile · Texas · Young County County
Olney, TX
At a Glance
How Olney Compares to the U.S. Average
Each bar shows Olney's value as a percentage of the national average (100% = U.S. avg)
Is Olney a Good Place to Live?
Economy & Jobs
Olney residents earn a median household income of $39,231 , which is 48% below the national average of $75,149. Per capita income is $32,282. The unemployment rate stands at 6.1% (69% above the U.S. rate of 3.6%). 25.5% of residents live below the poverty line. The area is home to 614 business establishments, including 44 restaurants.
Housing & Cost of Living
The median home value in Olney is $92,200 , 67% below the national median of $281,900. Zillow estimates the typical home at $119,463. Median rent is $436/month, with 28.6% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1964.
Safety & Crime
Olney reports 199 violent crimes per 100,000 residents , which is 48% below the national average of 380/100K. Property crime is 199/100K.
Education
18.5% of adults in Olney hold a bachelor's degree or higher (45% below the national average). 90.5% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Olney has an average annual temperature of 64°F (18°C). Winters average 43°F in January while summers reach 85°F in July. Annual precipitation totals 29.2 inches.