Olney, Maryland
Moving to or Living in Olney Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Olney, Maryland
Moving to Olney In Maryland ? Find out the best and worst about to live, raise a family or retire in Olney, the Pros and Cons of Living in Olney.
Explore the life in Olney based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Olney, Maryland
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.
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%
Poverty
3.6%
Overall Score
7
Median Home
$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%
Cost of Living
| Expense | Olney | Maryland | National Avg. |
|---|---|---|---|
| Services | 116 | 111 | 100 |
| Groceries | 116 | 114 | 100 |
| Health | 88 | 84 | 100 |
| Housing | 236 | 151 | 100 |
| Transportation | 113 | 109 | 100 |
| Utilities | 111 | 108 | 100 |
Cost of Living
Olney Maryland
Gender
| Gender | Olney | Maryland | Country |
|---|---|---|---|
| Female | 50% | 51.5% | 50.8% |
| Male | 50% | 48.5% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| Income | Olney | Maryland | Country |
|---|---|---|---|
| Less than $10,000 | 1.7% | 4.6% | 5.8% |
| $10,000 to $14,999 | 2.2% | 2.6% | 4.1% |
| $15,000 to $24,999 | 2.7% | 5.6% | 8.5% |
| $25,000 to $34,999 | 2.5% | 6.1% | 8.6% |
| $35,000 to $49,999 | 3.1% | 9.3% | 12.0% |
| $50,000 to $74,999 | 10.1% | 15.2% | 17.2% |
| $75,000 to $99,999 | 9.5% | 13% | 12.8% |
| $100,000 to $149,999 | 18.5% | 19.3% | 15.6% |
| $150,000 to $199,999 | 17.8% | 10.8% | 7.1% |
| $200,000 or more | 31.9% | 13.4% | 8.3% |
Education
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| Education | Olney | Maryland | Country |
|---|---|---|---|
| < 9th Grade | 2% | 3% | 5.0% |
| 9-12th Grade | 3% | 6% | 7.0% |
| High School or GED | 12% | 24% | 27.0% |
| Other College | 14% | 19% | 20.0% |
| Associate's Degree | 5% | 7% | 9% |
| Bachelor's Degree | 33% | 22% | 20.0% |
| Master's Degree | 22% | 13% | 9.0% |
| Professional Degree | 5% | 3% | 2.0% |
| Doctorate Degree | 4% | 3% | 1.0% |
Household Income
Olney Maryland Country
Education
Olney Maryland Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| Ethnicity | Olney | Maryland | Country |
|---|---|---|---|
| White | 60.9% | 50.2% | 60.1% |
| African American | 11.9% | 29.4% | 12.2% |
| American Indian | 0.5% | 0.2% | 0.6% |
| Asian | 12.8% | 6.3% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0.4% | 0.4% | 0.3% |
| Multiracial | 4.5% | 3.3% | 2.8% |
| Hispanic | 9% | 10.3% | 18.2% |
Race / Ethnicity
Olney Maryland Country