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.
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 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%
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