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.

  1. Overview - Life In Olney
  2. Pros and Cons of Living In Olney
  3. Crime In Olney
  4. Cost of Living In Olney
  5. Gender In Olney
  6. Household Income For Olney
  7. Education In Olney
  8. Race & Ethnicity In Olney
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.
Population
35350
Unemployment
3.1%
34% NAT AVG.
Poverty
3.6%
74% NAT AVG.
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
Gender
Gender Olney Maryland Country
Female 50% 51.5% 50.8%
Male 50% 48.5% 49.2%
Gender

Household Income


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


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
Education
Race / Ethnicity


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