Olney, MT
Population 124 · Montana
About Olney, MT
Olney is a small community in Montana with a population of 124 residents. The median household income is $19,875 per year, which is below the national average. The median age in Olney is 55.6 years.
Housing in Olney has a median home value of $312,500 and median monthly rent of $0. Of the 67 total housing units, the majority are owner-occupied, with 40 owner-occupied and 20 renter-occupied units.
The unemployment rate in Olney is 0.0% and the poverty rate is 16.9%. 24.3% of residents hold a bachelor's degree or higher. The average commute time is 20.4 minutes.
Cost of Living in Olney, MT
Compared to national averages, Olney has a median household income of $19,875 (74% below the national median of $75,149). Home values average $312,500, which is 28% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Olney's income is 70% below the state average of $65,821, and home values are 8% above the state median of $288,703.
Why Live in Olney, MT?
Olney offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and short commute times averaging just 20.4 minutes.
Potential considerations include median household income ($19,875) that falls below the national average. However, Olney’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olney has a population of 124 with a median age of 55.6 years. Compare Olney with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Olney
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rocky Boy's Agency | 124 | $59,175 | $44,600 | Compare |
| Sedan | 124 | $105,714 | $384,600 | Compare |
| Rocky Point | 127 | $0 | $602,900 | Compare |
| Bridger | 119 | $136,154 | $807,700 | Compare |
| Carter | 118 | $32,188 | $107,500 | Compare |
| Lonepine | 130 | $31,750 | $283,300 | Compare |
| Springhill | 118 | $76,304 | $814,500 | Compare |
| Tracy | 130 | $33,571 | $123,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Montana
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, MT?
The population of Olney, MT is 124 according to the latest Census data.
What is the median household income in Olney?
The median household income in Olney, MT is $19,875 per year.
What is the median home value in Olney?
The median home value in Olney, MT is $312,500.
What is the average rent in Olney?
The median monthly rent in Olney, MT is $0.
What is the unemployment rate in Olney?
The unemployment rate in Olney, MT is 0.0%.