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ZipNumbers

Texas · Census place 54000

Olney city, TX

Quick answer

Olney city has 3,011 residents, ranking #577 of 1863 places in Texas. Median household income is $39,231, the median home is worth $92,200 and median gross rent runs $436 a month.

Population
3,011Olney city residents
Median household income
$39,231Past 12 months, inflation adjusted
Median home value
$92,200Owner-occupied units
Median gross rent
$436Rent plus utilities, monthly
Median age
36.2 yrsAll residents
Homeownership rate
65.7%Owner-occupied households

What the numbers mean in Olney city

Housing cost measured against local earnings.

A household earning the Olney city median would spend about 13.3% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.9% of residents and 65.7% 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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