Texas · Census place 54012
Olton city, TX
Quick answer
Olton city has 1,568 residents, ranking #828 of 1863 places in Texas. Median household income is $44,219, the median home is worth $46,800 and median gross rent runs $840 a month.
- Population
- 1,568Olton city residents
- Median household income
- $44,219Past 12 months, inflation adjusted
- Median home value
- $46,800Owner-occupied units
- Median gross rent
- $840Rent plus utilities, monthly
- Median age
- 41.5 yrsAll residents
- Homeownership rate
- 71.1%Owner-occupied households
What the numbers mean in Olton city
Housing cost measured against local earnings.
A household earning the Olton city median would spend about 22.8% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.4% of residents and 71.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Texas.
- Lockney town 1,602
- Rosharon CDP 1,596
- Elkhart town 1,585
- Westwood Shores CDP 1,561
- Wallis city 1,557
- Cresson city 1,556
- Point Venture village 1,552
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