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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 Rate3.6%
Poverty Rate25.5%
Gini Coefficient0.445
Cost of Living Index97.1

Commute

Mean Commute11 minutes
Drive Alone77.5%
Public Transit1.9%
Work From Home4.2%

Businesses

Total Establishments614
Restaurants44
Healthcare50
Retail69
Manufacturing27

Tax

IRS Avg AGI$88,815
Avg Property Tax$6,786