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Olney city, Texas Demographics & Population 2026

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Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Olney city, Texas has a total population of 3,011, the 577th largest city in Texas, with a median household income of $39,231, which is 49% lower than the state average. The poverty rate is 24.9%.

Key Takeaways

Olney city Quick Facts

Population 3,011
Median Household Income $39,231
Median Home Value $92,200
Poverty Rate 24.9%
Unemployment Rate 6.1%
Median Age 36.2 years
Homeownership Rate 65.7%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 18.5%
High School Graduation Rate 90.5%
Diversity Index 43/100
Population 3,011 577th of 1,800
Median Income $39,231 bottom 20%
Poverty Rate 24.9% 100% higher national
Median Home Value $92,200 bottom 30%

How Olney city Compares

Economy & Housing

Employment

6.1% Unemployment Rate State: 5.1% | National: 5.2%
59.1% Labor Force Participation

Housing Overview

Owner 65.7%
Renter 34.3%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

43out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 60

Education

Olney city Rankings in Texas

#577 Population of 1,800
#1400 Median Income of 1,800
#790 Education of 1,800
#1209 Home Value of 1,800

Explore Texas Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Olney city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Waller city3,062$37,163$115,10014.9%24.0%
Crosby CDP3,038$43,795$202,70011.2%29.7%
Stamford city2,902$42,121$62,40014.2%26.6%
Woodville town2,884$41,890$188,20012.3%16.4%
Scissors CDP3,196$37,625$51,1003.0%39.4%

Population Overview

Olney city is a small community located in Texas. The total population is 3,011. It ranks as the 577th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Olney city is 36.2 years. This is 2% higher than the state median of 35.5 years.

Economy, Income & Housing

The median household income in Olney city is $39,231. This is 49% lower than the state median of $76,292. Compared to the national median of $78,538, household income here is 50% lower. The poverty rate stands at 24.9%. This is 81% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.1%. This is 19% higher than the state rate of 5.1%. The median home value is $92,200. Housing costs are 65% lower than the state median of $260,400. With a home-value-to-income ratio of just 2.4x, Olney city is one of the most affordable housing markets in the area. 65.7% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Olney city is White (non-Hispanic), making up 72.0% of the population. Hispanic or Latino residents account for 23.3%. The White (non-Hispanic) population is significantly higher than the state average (72.0% vs 39.9%). The Black or African American population (0.4%) is well below the state average of 11.9%. The Asian population (1.2%) is well below the state average of 5.3%.

Education

18.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 33.1%. 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 city, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Olney city, Texas?

Olney city, Texas has a population of 3,011 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olney city, TX?

The median household income in Olney city is $39,231, which is 50% lower the national median of $78,538.

What is the poverty rate in Olney city, TX?

The poverty rate in Olney city is 24.9%. This means approximately 735 residents live below the federal poverty line.

What is the racial makeup of Olney city, Texas?

Olney city's population is 72.0% White, 0.4% Black, 23.3% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Olney city, TX?

The median home value in Olney city is $92,200. The home-value-to-income ratio is 2.4x.

How educated is Olney city, Texas?

18.5% of adults (25+) in Olney city hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.