Olmito, TX
Population 1,013 · Texas
About Olmito, TX
Olmito is a small town located in Texas with a population of 1,013 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,813 per year, which is 55% below the national median of $75,149. The median age of 28.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Olmito features a median home value of $93,500, which is 62% below the national median of $244,900. This makes Olmito one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,049, 10% below the national average of $1,163/month. Of the 329 total housing units, 40% are owner-occupied (127 units) and 60% are renter-occupied (192 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Olmito shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 54.3%, above the national average of 12.4%. Workers in Olmito have an average one-way commute time of 26.4 minutes.
Education & Demographics
12.7% of Olmito residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 90.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 5.8% Asian residents, with 42.3% of the population being foreign-born.
Cost of Living in Olmito, TX
Compared to national averages, Olmito has a median household income of $33,813 (55% below the national median of $75,149). Home values average $93,500, which is 62% below the national median. Monthly rent at $1,049 is 10% below the US average of $1,163. Within Texas, Olmito's income is 54% below the state average of $72,726, and home values are 56% below the state median of $211,769.
Why Live in Olmito, TX?
Olmito offers affordable housing with a median home value of $93,500, below the US average of $244,900, and rent that’s lower than the national average at $1,049/month, and a strong job market with an unemployment rate of just 1.4%.
Potential considerations include median household income ($33,813) that falls below the national average. However, Olmito’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olmito has a population of 1,013 with a median age of 28.7 years. Compare Olmito with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Olmito
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Granger | 1,015 | $60,313 | $145,700 | Compare |
| Indian Springs | 1,008 | $63,500 | $87,100 | Compare |
| Lakeshore Gardens-Hidden Acres | 1,020 | $0 | $206,800 | Compare |
| Fulton | 1,002 | $54,007 | $78,700 | Compare |
| Garrison | 1,001 | $39,167 | $78,700 | Compare |
| Lake Colorado City | 1,001 | $54,286 | $53,300 | Compare |
| Simonton | 1,001 | $134,750 | $352,900 | Compare |
| Knippa | 997 | $73,212 | $176,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Olmito With Other Cities
Frequently Asked Questions about Olmito
What is the population of Olmito, TX?
The population of Olmito, TX is 1,013 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Olmito?
The median household income in Olmito, TX is $33,813 per year, which is 55% below the national median of $75,149.
What is the median home value in Olmito?
The median home value in Olmito, TX is $93,500, which is 62% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Olmito?
The median monthly rent in Olmito, TX is $1,049, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Olmito?
The unemployment rate in Olmito, TX is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Olmito, TX a good place to live?
Olmito offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,013 and a median age of 28.7, the city appeals to young professionals and families.
How educated is Olmito, TX?
12.7% of residents in Olmito aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Olmito?
Key cost-of-living indicators for Olmito, TX: median home value is $93,500 (62% below national), median rent is $1,049/month, and median household income is $33,813. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Olmito?
The poverty rate in Olmito, TX is 54.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Olmito, TX?
Olmito's population is 90.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 5.8% Asian, and 0.0% two or more races. 42.3% of residents are foreign-born.