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Olney, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
35,797
Population
$171,458
Median Income
$656,600
Home Value
41.6
Median Age

Demographics

Olney has a population of 35,797 with a median age of 41.6. Here is the racial and ethnic breakdown of the population:

White
56.9%
Black
14.5%
Hispanic
12.1%
Asian
11.6%
Other
4.9%
Demographic Value
Total Population35,797
Median Age41.6
White56.9%
Black or African American14.5%
Asian11.6%
Hispanic or Latino12.1%
Other / Two or More Races4.9%
Olney, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 56.9%Black: 14.5%Hispanic/Latino: 12.1%Asian: 11.6%Other: 4.9%35,797PopulationWhiteWhite56.9%BlackBlack14.5%Hispanic/LatinoHispanic/Latino12.1%AsianAsian11.6%OtherOther4.9%

Income & Economy

The median household income in Olney is $171,458, which is 112.7% above the national median of $80,610. The per capita income is $67,351. The poverty rate is 4.3%.

$171,458
Median Household Income
$67,351
Per Capita Income
4.3%
Poverty Rate

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Education

In Olney, 96.8% of residents age 25+ have a high school diploma or higher, and 65.0% hold a bachelor's degree or higher (31.5% with a graduate or professional degree).

HS Diploma+
96.8%
Bachelor's+
65.0%
Graduate+
31.5%
Education Level % of Adults (25+)
High School Diploma or Higher96.8%
Bachelor's Degree or Higher65.0%
Graduate or Professional Degree31.5%

Housing

The median home value in Olney is $656,600, above the national median of $303,400. The median monthly rent is $2,404. The homeownership rate is 89.2%.

$656,600
Median Home Value
$2,404/mo
Median Rent
89.2%
Homeownership Rate
Housing Metric Value
Median Home Value$656,600
Median Monthly Rent$2,404
Homeownership Rate89.2%
Vacancy Rate1.9%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Olney, Maryland?
The population of Olney, Maryland is 35,797 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Olney, Maryland?
The median household income in Olney, Maryland is $171,458. This is 112.7% above the national median of $80,610.
What is the median home value in Olney, Maryland?
The median home value in Olney, Maryland is $656,600. The median monthly rent is $2,404.
What percentage of people in Olney have a college degree?
In Olney, Maryland, 65.0% of adults age 25 and older hold a bachelor's degree or higher, and 96.8% have a high school diploma or higher.
Is Olney, Maryland an affordable place to live?
The home price-to-income ratio in Olney, Maryland is 3.8x (median home value $656,600 vs. median income $171,458), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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