Olney, TX
Population 3,011 · Texas
About Olney, TX
Olney is a small community in Texas with a population of 3,011 residents. The median household income is $39,231 per year, which is below the national average. The median age in Olney is 36.2 years.
Housing in Olney has a median home value of $92,200 and median monthly rent of $436. Of the 1,561 total housing units, the majority are owner-occupied, with 914 owner-occupied and 478 renter-occupied units.
The unemployment rate in Olney is 6.1% and the poverty rate is 24.9%. 18.5% of residents hold a bachelor's degree or higher. The average commute time is 10.5 minutes.
How Olney Ranks in Texas
Cost of Living in Olney, TX
Compared to national averages, Olney has a median household income of $39,231 (48% below the national median of $75,149). Home values average $92,200, which is 62% below the national median. Monthly rent at $436 is 63% below the US average of $1,163. Within Texas, Olney's income is 46% below the state average of $72,726, and home values are 56% below the state median of $211,769.
Why Live in Olney, TX?
Olney offers affordable housing with a median home value of $92,200, below the US average of $244,900, and rent that’s lower than the national average at $436/month, and short commute times averaging just 10.5 minutes.
Potential considerations include median household income ($39,231) 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 3,011 with a median age of 36.2 years. Compare Olney with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Olney
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| El Lago | 3,016 | $104,375 | $303,700 | Compare |
| Oak Ridge North | 3,019 | $117,188 | $282,100 | Compare |
| Rosita | 3,023 | $64,654 | $115,200 | Compare |
| Bolivar Peninsula | 2,995 | $71,970 | $316,400 | Compare |
| Castroville | 3,027 | $76,524 | $266,000 | Compare |
| Crosby | 3,038 | $43,795 | $202,700 | Compare |
| Haskell | 3,038 | $60,661 | $105,100 | Compare |
| Mauriceville | 2,981 | $69,306 | $176,700 | 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.
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Frequently Asked Questions about Olney
What is the population of Olney, TX?
The population of Olney, TX is 3,011 according to the latest Census data.
What is the median household income in Olney?
The median household income in Olney, TX is $39,231 per year.
What is the median home value in Olney?
The median home value in Olney, TX is $92,200.
What is the average rent in Olney?
The median monthly rent in Olney, TX is $436.
What is the unemployment rate in Olney?
The unemployment rate in Olney, TX is 6.1%.