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Maryland · Census place 58900

Olney CDP, MD

Quick answer

Olney CDP has 36,000 residents, ranking #29 of 536 places in Maryland. Median household income is $171,766, the median home is worth $632,400 and median gross rent runs $2,409 a month.

Population
36,000Olney CDP residents
Median household income
$171,766Past 12 months, inflation adjusted
Median home value
$632,400Owner-occupied units
Median gross rent
$2,409Rent plus utilities, monthly
Median age
41.6 yrsAll residents
Homeownership rate
88.6%Owner-occupied households

What the numbers mean in Olney CDP

Housing cost measured against local earnings.

A household earning the Olney CDP median would spend about 16.8% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.4% of residents and 88.6% 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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