Olney, TX
Full City Profile · Texas · Young County County
2.8
/5.0
C+
Fair
3,011
Population
1,491/sq mi density
$39,231
Median Income
$32,282 per capita
$92,200
Home Value
$115,989 Zillow
$436
Median Rent
28.6% income on rent
64°F
Avg Temperature
328 sunny days/yr
453
Violent Crime/100K
1,553 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$39,231 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$92,200 home value, $436/mo rent
F
Safety
1.0 / 5.0
453 violent crimes/100K (19% above avg)
C
Education
2.5 / 5.0
18.5% bachelor's degree or higher
Income Overview
Median Household Income
$39,231
48% below
US avg: $75,149
Per Capita Income
$32,282
17% below
US avg: $39,052
Unemployment Rate
3.6%
0% below
US avg: 3.6%
Poverty Rate
25.5%
106% above
US avg: 12.4%
Income Comparison: Olney vs. U.S. Average
Each bar shows Olney’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$39,231
52%
Per Capita
US: $39,052
$32,282
83%
IRS Avg AGI
US: $72,000
$88,815
123%
Avg Weekly Wage
US: $1,432
$1,174
82%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,174
18% below US avg ($1,432)
Mean Commute Time
11 min
62% below US avg (28 min)
Work From Home
4.2%
72% below US avg (15.2%)
Drive Alone
77.5%
6% above US avg (73.2%)
Public Transit
1.9%
63% below US avg (5.0%)
County GDP
$1,360M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.5%
Public Transit
1.9%
Work From Home
4.2%
Other
16.4%
Average commute time
11 minutes
US avg: 28 min
Business Landscape
Total Establishments
614
Restaurants
44
Healthcare
50
Retail
69
Manufacturing
27
Tax & Financial
IRS Avg Adjusted Gross Income
$88,815
23% above US avg ($72,000)
Avg Property Tax
$6,786
94% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $39,231 |
| Per Capita Income | $32,282 |
| IRS Avg Adjusted Gross Income | $88,815 |
| Avg Weekly Wage | $1,174 |
| County GDP | $1,360M |
Hardship Indicators
| Unemployment Rate | 3.6% |
| Poverty Rate | 25.5% |
| Gini Coefficient | 0.445 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 11 minutes |
| Drive Alone | 77.5% |
| Public Transit | 1.9% |
| Work From Home | 4.2% |
Businesses
| Total Establishments | 614 |
| Restaurants | 44 |
| Healthcare | 50 |
| Retail | 69 |
| Manufacturing | 27 |
Tax
| IRS Avg AGI | $88,815 |
| Avg Property Tax | $6,786 |
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