Olney Springs town, Colorado Demographics & Population 2026

Population Overview

Olney Springs town is a small community located in Colorado. The total population is 550. It ranks as the 281st most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Olney Springs town is 33.3 years. This is 11% lower than the state median of 37.5 years.

Economy, Income & Housing

The median household income in Olney Springs town is $52,031. This is 44% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is 34% lower. The poverty rate stands at 18.2%. This is 94% higher than the state poverty rate of 9.4%. The unemployment rate is 5.1%. This is 14% higher than the state rate of 4.5%. The median home value is $98,700. Housing costs are 80% lower than the state median of $502,200. With a home-value-to-income ratio of just 1.9x, Olney Springs town is one of the most affordable housing markets in the area. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 66.3%.

Race & Ethnicity

The largest racial or ethnic group in Olney Springs town is White (non-Hispanic), making up 56.5% of the population. Hispanic or Latino residents account for 42.7%. The Hispanic or Latino population is significantly higher than the state average (42.7% vs 22.2%).

Education

12.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% lower than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.

Data Sources & Methodology

All demographic data for Olney Springs town, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.