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ZipNumbers

Colorado · Census place 55705

Olney Springs town, CO

Quick answer

Olney Springs town has 550 residents, ranking #281 of 482 places in Colorado. Median household income is $52,031, the median home is worth $98,700 and median gross rent runs $975 a month.

Population
550Olney Springs town residents
Median household income
$52,031Past 12 months, inflation adjusted
Median home value
$98,700Owner-occupied units
Median gross rent
$975Rent plus utilities, monthly
Median age
33.3 yrsAll residents
Homeownership rate
79.7%Owner-occupied households

What the numbers mean in Olney Springs town

Housing cost measured against local earnings.

A household earning the Olney Springs town median would spend about 22.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.2% of residents and 79.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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