Population 4,073 · Census ACS 2020–24
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Population and households in Olney
Household size in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 2.49 | 2.87 | 2.68 |
| 2010–14 | 2.51 | 2.93 | 2.73 |
| 2015–19 | 2.32 | 2.95 | 2.71 |
| 2020–24 | 2.37 | 2.83 | 2.65 |
| Change | −0.13 | −0.05 | −0.03 |
Olney is a place of small households, averaging 2.37 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.49, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 40.2 | 34.7 | 37.7 |
| 2010–14 | 41.1 | 35.4 | 38.6 |
| 2015–19 | 41.1 | 36.1 | 39.6 |
| 2020–24 | 41.4 | 36.7 | 40.1 |
| Change | +1.2 | +2.0 | +2.3 |
At 41.4, the median age in Olney is close to the national median of 40.1, so its age mix looks much like the country's. The population here is older than in Texas overall, where the median age is 36.7.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 13.5% | 13.7% | 12.3% |
| 2010–14 | 14.9% | 13.7% | 12.3% |
| 2015–19 | 11.6% | 13.1% | 11.6% |
| 2020–24 | 11.1% | 12.9% | 11.6% |
| Change | −2.3 pts | −0.8 pts | −0.6 pts |
Single parents head just over one in ten households in Olney (11.1%), close to the national share of 11.6%. Single parents are less common here than in Texas overall (12.9%).
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Olney
Renters in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 29.9% | 35.2% | 33.3% |
| 2010–14 | 34.3% | 37.3% | 35.6% |
| 2015–19 | 30.0% | 38.0% | 36.0% |
| 2020–24 | 34.6% | 37.4% | 34.8% |
| Change | +4.8 pts | +2.3 pts | +1.5 pts |
Renting in Olney is about as common as it is nationally: 34.6% of households rent, against 34.8%. Among homeowners, 62.5% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 21.1% | 11.8% | 11.4% |
| 2010–14 | 19.6% | 10.9% | 11.4% |
| 2015–19 | 18.0% | 10.9% | 11.1% |
| 2020–24 | 15.0% | 9.4% | 9.6% |
| Change | −6.0 pts | −2.4 pts | −1.8 pts |
Vacancy is high in Olney: 15.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 1967 | 1983 | 1974 |
| 2010–14 | 1967 | 1985 | 1975 |
| 2015–19 | 1963 | 1987 | 1977 |
| 2020–24 | 1972 | 1992 | 1980 |
| Change | +4 | +8 | +6 |
Homes in Olney run older than the national norm, with a median build year of 1972 against 1980.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | $568 | $921 | $965 |
| 2010–14 | $467 | $1,005 | $1,040 |
| 2015–19 | $660 | $1,178 | $1,213 |
| 2020–24 | $472 | $1,560 | $1,571 |
| Change | −$96 | +$639 | +$606 |
A typical rental in Olney costs $472 a month with utilities, well below the national median of $1,571. Rent takes 23.4% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Olney
Bachelor's degrees in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 8.6% | 27.0% | 28.4% |
| 2010–14 | 13.3% | 27.9% | 29.6% |
| 2015–19 | 20.0% | 30.0% | 32.1% |
| 2020–24 | 15.8% | 34.0% | 35.6% |
| Change | +7.2 pts | +7.1 pts | +7.2 pts |
Fewer adults in Olney have a four-year degree than in the country as a whole: 15.8%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 75.4% | 80.7% | 84.9% |
| 2010–14 | 81.9% | 82.0% | 86.1% |
| 2015–19 | 78.7% | 83.6% | 87.7% |
| 2020–24 | 90.7% | 85.8% | 89.3% |
| Change | +15.3 pts | +5.1 pts | +4.3 pts |
About as many adults in Olney have finished high school as nationally: 90.7%, against 89.3%. The rate is higher than in Texas overall (85.8%).
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Olney
| Period | Olney | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 4.8% | 7.0% | 8.1% |
| 2010–14 | 2.3% | 7.7% | 9.4% |
| 2015–19 | 8.3% | 5.1% | 5.6% |
| 2020–24 | 1.8% | 5.3% | 5.4% |
| Change | −3.1 pts | −1.7 pts | −2.7 pts |
The job market in Olney has been strong: just 1.8% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Olney compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Olney | 2.37 | 41.4 | 11.1% | 34.6% | 15.0% | 1972 | $472 | 15.8% | 90.7% | 1.8% |
| Padgett | 2.56 | 44.3 | 4.9% | 19.7% | 22.7% | 1983 | $562 | 26.1% | 93.4% | 2.5% |
| Megargel | 2.32 | 48.5 | 3.4% | 16.3% | 23.5% | 1960 | $543 | 27.8% | 87.8% | 1.3% |
| Loving | 2.87 | 45.7 | 3.2% | 13.9% | 23.7% | 1991 | $478 | 32.9% | 98.9% | 0.2% |
| Elbert | 2.34 | 44.7 | 6.2% | 24.9% | 23.9% | 1966 | $821 | 28.1% | 97.0% | 1.0% |
| Markley | 2.92 | 44.7 | 8.0% | 17.7% | 37.7% | 1981 | $674 | 18.0% | 87.2% | 2.9% |
| Jermyn | 2.54 | 42.9 | 14.6% | 27.7% | 20.9% | 1985 | $1,021 | 16.9% | 87.9% | 8.6% |
| Antelope | 2.92 | 43.9 | 9.3% | 17.3% | 40.2% | 1979 | $840 | 11.4% | 83.0% | 3.8% |
| Round Timber | 2.30 | 47.7 | 3.1% | 25.9% | 39.6% | 1980 | $603 | 40.9% | 95.2% | 3.8% |
| Shannon | 2.94 | 43.2 | 5.0% | 13.1% | 30.7% | 1988 | $881 | 18.6% | 91.0% | 2.1% |
| Jacksboro | 2.63 | 41.6 | 9.9% | 28.7% | 21.1% | 1971 | $850 | 14.9% | 77.0% | 12.0% |
All figures 2020–24.
Cities with similar populations: Wilsons Mills, NC · Wilsonville, AL · Woodville, MS · Woodruff, WI · Woodson Terrace, MO · Evans Mills, NY · Fairbury, NE · Fairbury, IL · Oriskany, NY · Orleans, IN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Olney. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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