CensusEasy
CITY · 2020 ACS

Olney

Texas · 3,007 residents · 2.023 sq mi
Time machine
COMPARE TO
Compare
The short version

Olney has notably lower household income than the US average, with a median household income of $33,994. Population has declined 11% since 2000. Median home value has more than doubled since 2000, reaching $67,400. The poverty rate of 24.6% is well above the national figure. Households here earn about 47% less than the Texas median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.0
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Less affordable
home values up 31%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,007
−11%since 2000
from 3,396 in 2000
1990 – 2025
Population density
1,486 / sq mi
−11%since 2000
from 1,679 / sq mi in 2000
US average: 280
Median age
40.0
+1%since 2000
from 39.7 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K3K3K4K1990201020202024Olney
20243K
1990201020202024
Section 02

Income & economy

Median household income
$33,994
+3%inflation adjusted, since 2000
from $21,991 in 2000
US average: $66,278
1990 – 2024
Per capita income
$23,279
+70%since 2000
from $13,723 in 2000
US average: $35,364
Households earning $100K+
23.0%
+8.7 ptssince 2009
from 14.3% in 2009
US average: 43.9%
Poverty rate
24.6%
+3.2 ptssince 2000
from 21.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade28.6%
US avg: 10%
Information12.4%
US avg: 11.1%
Agriculture, forestry, fishing9.7%
US avg: 1.7%
Wholesale trade7.7%
US avg: 6.7%
Construction6.9%
US avg: 1.2%
Manufacturing2.8%
US avg: 0.5%
Finance & insurance2.2%
US avg: 5.5%
Professional, scientific, technical1.3%
US avg: 4.7%
Education & health services0.9%
US avg: 0.8%
Other services0.5%
US avg: 6.6%
Transportation & warehousing0%
US avg: 2.5%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$67,400
+31%inflation adjusted, since 2000
from $34,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$663
+96%inflation adjusted, since 2000
from $225 in 2000
US average: $1,124
Owner-occupied
61.0%
−3.9 ptssince 2000
from 64.9% in 2000
39.0% rent
Afford Score
2.0
+27%since 2000
from 1.6 in 2000
1990 – 2024
RELATED:See current rent listings in Olney on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic81.4%(2,763)
Black2.5%(84)
Hispanic / Latino14.4%(490)
Asian0.1%(4)
Other0%
Diversity Score36.7%(1,248)
2020
White, non-Hispanic67.5%(2,029)
Black2.9%(86)
Hispanic / Latino24.7%(743)
Asian0.8%(23)
Other2.4%(71)
Diversity Score57.8%(1,739)
Diversity Score
58
+57%since 2000
from 37 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.9%
+9.4 ptssince 2000
from 15.5% in 2000
US average: 32.9%
High school or higher
78.7%
+8.5 ptssince 2000
from 70.2% in 2000
US average: 88.5%
Graduate degree
7.4%
+2.4 ptssince 2000
from 5.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
13.5 min
+4%since 2000
from 12.9 min in 2000
US average: 26.9
Drive alone to work
83.3%
+7.0 ptssince 2009
from 76.3% in 2009
US average: 75.1%
No vehicle available
6.6%
+0.5 ptssince 2009
from 6.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
11.3%
+5.7 ptssince 2011
from 5.6% in 2011
US average: 5.4%
Labor force participation
55.3%
−3.1 ptssince 2011
from 58.4% in 2011
US average: 63.4%
Management & professional
25.6%
−31.0 ptssince 2009
from 56.6% in 2009
US average: 39.3%
Section 08

People & community

Male
49.6%
+3.6 ptssince 2009
from 46.0% in 2009
Female
50.4%
−3.6 ptssince 2009
from 54.0% in 2009
Foreign born
8.1%
+4.2 ptssince 2009
from 3.9% in 2009
US average: 13.5%
Uninsured
20.3%
−55.7 ptssince 2013
from 76.0% in 2013
US average: 8.8%
Drill deeper

Places similar to Olney

Dade City North
Pop 2,803
Bonifay
Pop 2,839
Madison
Pop 2,988
Montura
Pop 4,121
Places similar to Olney
Head to head

Compare Olney to nearby cities

OLNEY VS
Graham
Income$63,587+87%
Home value$183,800+173%
Population8,814+194%
SEE FULL COMPARISON →
OLNEY VS
Wichita Falls
Income$60,177+77%
Home value$156,800+133%
Population101,951+3298%
SEE FULL COMPARISON →
OLNEY VS
Burkburnett
Income$66,308+95%
Home value$151,900+125%
Population11,057+269%
SEE FULL COMPARISON →
OLNEY VS
Mineral Wells
Income$55,929+65%
Home value$161,300+139%
Population15,983+433%
SEE FULL COMPARISON →
Frequently asked

How many people live in Olney, Texas?

Olney, Texas has about 3,007 residents according to the 2020 American Community Survey.

What is the median household income in Olney, Texas?

The typical household in Olney, Texas earns about $33,994 a year. Half of households make more than that, and half make less.

Is Olney, Texas expensive?

In Olney, Texas, the median home is worth about $67,400, and the typical rent is about $663 a month.

How educated are people in Olney, Texas?

About 24.9% of adults age 25 and over in Olney, Texas hold a bachelor's degree or higher.

What is the poverty rate in Olney, Texas?

About 24.6% of people in Olney, Texas live below the federal poverty line.

Has Olney, Texas grown since 1990?

Yes, Olney, Texas has shrunk since 1990. The population has lost about 512 residents, a change of about -15 percent over that period.

Keep going

Explore from here

Up the hierarchy
Texas
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Olney with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →