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Olney Springs, Colorado

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
557
Population
$48,500
Median Income
$97,300
Home Value
32.9
Median Age

Demographics

Olney Springs has a population of 557 with a median age of 32.9. Here is the racial and ethnic breakdown of the population:

White
80.1%
Hispanic
33.9%
Demographic Value
Total Population557
Median Age32.9
White80.1%
Hispanic or Latino33.9%
Olney Springs, Colorado — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 114.White: 70.3%Hispanic/Latino: 29.7%557PopulationWhiteWhite70.3%Hispanic/LatinoHispanic/Latino29.7%

Income & Economy

The median household income in Olney Springs is $48,500, which is 39.8% below the national median of $80,610. The per capita income is $30,013. The poverty rate is 30.2%.

$48,500
Median Household Income
$30,013
Per Capita Income
30.2%
Poverty Rate

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Education

In Olney Springs, 82.9% of residents age 25+ have a high school diploma or higher, and 10.8% hold a bachelor's degree or higher (0.3% with a graduate or professional degree).

HS Diploma+
82.9%
Bachelor's+
10.8%
Graduate+
0.3%
Education Level % of Adults (25+)
High School Diploma or Higher82.9%
Bachelor's Degree or Higher10.8%
Graduate or Professional Degree0.3%

Housing

The median home value in Olney Springs is $97,300, below the national median of $303,400. The median monthly rent is $1,056. The homeownership rate is 75.0%.

$97,300
Median Home Value
$1,056/mo
Median Rent
75.0%
Homeownership Rate
Housing Metric Value
Median Home Value$97,300
Median Monthly Rent$1,056
Homeownership Rate75.0%
Vacancy Rate16.8%

Salaries in Colorado

Explore salary data for popular occupations in Colorado:

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Other Cities in Colorado

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Frequently Asked Questions

What is the population of Olney Springs, Colorado?
The population of Olney Springs, Colorado is 557 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Olney Springs, Colorado?
The median household income in Olney Springs, Colorado is $48,500. This is 39.8% below the national median of $80,610.
What is the median home value in Olney Springs, Colorado?
The median home value in Olney Springs, Colorado is $97,300. The median monthly rent is $1,056.
What percentage of people in Olney Springs have a college degree?
In Olney Springs, Colorado, 10.8% of adults age 25 and older hold a bachelor's degree or higher, and 82.9% have a high school diploma or higher.
Is Olney Springs, Colorado an affordable place to live?
The home price-to-income ratio in Olney Springs, Colorado is 2.0x (median home value $97,300 vs. median income $48,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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