Is Olney, Maryland a Good Place To Live? - Living In Olney, MD

Is Olney, Maryland a good place to live?
Olney is a city in Maryland state in USA with a population of 35350 residents.. The poverty rate of Olney is 3.6%, which is 74% lower than national average. The typical household in Olney earns $149155 a year, compared to the national median of $67,500. Nearly 12.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Olney, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Olney remained 3.1%, which is 34% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Olney, only 64% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Olney is 150, which is 50% higher than national average. Median home value in Olney is $524700 , which is 128% higher than national average. While median income in Olney remained $149155, which is 121% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
35350
Unemployment
3.1%
34% NAT AVG.
Poverty
3.6%
74% NAT AVG.
Overall Score
7
Median Home Cost
$524700
128% NAT AVG.
Median Income
$149155
121% NAT AVG.
Median Rent
$2047
76% NAT AVG.
Cost Of Living
150
50% NAT AVG.
People Living BPL
1 in 28
Unemployed People
1 in 32
People Earning < $10,000
1 in 59
People Earning < $50,000
12.2%
People with <= High School
1 in 5.9
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing95%

Affordability80%

Safety90%

Amenities90%

Diversity90%

Education90%

Commute40%