Olney

Population: 3,011
Median household income: $39,231
Median home value: $92,200

Olney is a community in Young County, Texas, home to 3,011 residents. At $39,231, its median household income sits below Young County's $63,723.

From 2019 to 2023, Olney's population declined 3.4% from 3,117 to 3,011, while its median home value rose 80.1% from $51,200 to $92,200.

Owners occupy 65.7% of the area's occupied homes. The median resident is 36.2 years old.

Demographics

ACS 2019–2023

Population: 3,011
Median age: 36.2 yrs
Median household income: $39,231
Median home value: $92,200
Median gross rent: $436
Housing units: 1,561
Homeownership rate: 65.7%
Bachelor's degree or higher: 18.5%
Unemployment rate: 6.1%

Trends

ACS 5-year · 2019–2023

Population

3,1173,011

Median household income

$49,079$39,231

Median home value

$51,200$92,200

Median gross rent

$689$436

Year	Population	Median household income	Median home value	Median gross rent
2019	3,117	$49,079	$51,200	$689
2020	3,098	$33,994	$67,400	$663
2021	3,021	$36,875	$65,900	$681
2022	3,016	$39,770	$86,900	$587
2023	3,011	$39,231	$92,200	$436

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.9%

5 to 1720.2%

18 to 244.8%

25 to 3414.7%

35 to 4413.5%

45 to 547.0%

55 to 6415.4%

65 to 7410.1%

75 and over7.3%

	Count	Share
Under 5	209	6.9%
5 to 17	607	20.2%
18 to 24	144	4.8%
25 to 34	443	14.7%
35 to 44	407	13.5%
45 to 54	211	7.0%
55 to 64	464	15.4%
65 to 74	305	10.1%
75 and over	221	7.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,169	72.0%
Black or African American	13	0.4%
American Indian & Alaska Native	10	0.3%
Asian	35	1.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	26	0.9%
Two or more races	57	1.9%
Hispanic or Latino (any race)	701	23.3%

Educational attainment (age 25+)

No high school diploma9.5%

High school graduate40.3%

Some college or associate's31.7%

Bachelor's degree10.4%

Graduate or professional degree8.1%

	Count	Share
No high school diploma	195	9.5%
High school graduate	827	40.3%
Some college or associate's	650	31.7%
Bachelor's degree	213	10.4%
Graduate or professional degree	166	8.1%

Commute to work

Mean travel time to work: 11 min

Drove alone77.4%

Carpooled11.6%

Public transit1.8%

Walked3.3%

Bicycle1.6%

Worked from home4.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	965	77.4%
Carpooled	145	11.6%
Public transit	23	1.8%
Walked	41	3.3%
Bicycle	20	1.6%
Worked from home	52	4.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	926	77.6%
15 to 29 min	87	7.3%
30 to 44 min	178	14.9%
45 to 59 min	0	0.0%
60+ min	3	0.3%

Households

Average household size: 2.11
Poverty rate: 24.9% (735 of 2,949)

	Count	Share
Family households	764	54.9%
Nonfamily households	628	45.1%

Housing

Median year structure built: 1967

Occupancy

	Count	Share
Occupied	1,392	89.2%
Vacant	169	10.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	914	65.7%
Renter-occupied	478	34.3%

1-unit, detached84.0%

1-unit, attached2.0%

2 to 4 units11.7%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other2.2%

Units in structure

	Count	Share
1-unit, detached	1,312	84.0%
1-unit, attached	31	2.0%
2 to 4 units	183	11.7%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	35	2.2%

Geography

Place GEOID: 4854000
Type (LSAD): 25
Land area: 2.02 sq mi
Water area: 0.01 sq mi
Center point: 33.3641, -98.7585