Olney, MD
Population 36,000 · Maryland
About Olney, MD
Olney is a mid-sized city in Maryland with a population of 36,000 residents. The median household income is $171,766 per year, which is above the national average. The median age in Olney is 41.6 years.
Housing in Olney has a median home value of $632,400 and median monthly rent of $2,409. Of the 12,076 total housing units, the majority are owner-occupied, with 10,488 owner-occupied and 1,355 renter-occupied units.
The unemployment rate in Olney is 4.0% and the poverty rate is 4.4%. 64.7% of residents hold a bachelor's degree or higher. The average commute time is 32.2 minutes.
How Olney Ranks in Maryland
Cost of Living in Olney, MD
Compared to national averages, Olney has a median household income of $171,766 (129% above the national median of $75,149). Home values average $632,400, which is 158% above the national median. Monthly rent at $2,409 is 107% above the US average of $1,163. Within Maryland, Olney's income is 59% above the state average of $107,956, and home values are 57% above the state median of $402,447.
Why Live in Olney, MD?
Olney offers a strong local economy with a median household income of $171,766, well above the national average, and a well-educated community where 64.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $632,400. However, Olney’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olney has a population of 36,000 with a median age of 41.6 years. Compare Olney with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Olney
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Randallstown | 35,975 | $88,544 | $306,000 | Compare |
| Owings Mills | 35,626 | $94,046 | $335,000 | Compare |
| Chillum | 35,163 | $78,513 | $383,900 | Compare |
| College Park | 34,397 | $74,867 | $429,000 | Compare |
| Pikesville | 34,253 | $97,218 | $404,100 | Compare |
| Montgomery Village | 34,161 | $96,487 | $367,100 | Compare |
| Clinton | 38,756 | $120,967 | $400,300 | Compare |
| Salisbury | 33,080 | $56,402 | $217,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Olney
What is the population of Olney, MD?
The population of Olney, MD is 36,000 according to the latest Census data.
What is the median household income in Olney?
The median household income in Olney, MD is $171,766 per year.
What is the median home value in Olney?
The median home value in Olney, MD is $632,400.
What is the average rent in Olney?
The median monthly rent in Olney, MD is $2,409.
What is the unemployment rate in Olney?
The unemployment rate in Olney, MD is 4.0%.