Olney, Texas Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Olney, Texas had a total population of 3,015, the 578th largest city in Texas, with a median household income of $36,250, which is 54% lower than the state average. The poverty rate is 26.4%.
Key Takeaways
- Household income is 54% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (26.4%), well above the national average of 12.4%.
- Near full employment with an unemployment rate of just 2.4%.
Olney Quick Facts
How Olney Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 3,117 | 3,015 | -3.3% |
| Median household income | $60,402 | $36,250 | -40.0% |
| Median home value¹ | $63,012 | $95,100 | +50.9% |
| Median gross rent | $848 | $439 | -48.2% |
How Olney Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 69.3%
- Black: 0.4%
- Hispanic: 22.5%
- Asian: 3.9%
- Other: 0.9%
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 12.0%
- HS Diploma: 47.7%
- Some College: 20.5%
- Associate's: 5.9%
- Bachelor's: 9.4%
- Graduate+: 4.4%
Olney Rankings in Texas
Explore Texas Rankings
Other Cities in Young County
Cities Similar to Olney
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Oak Trail Shores | 3,040 | $34,344 | $121,400 | 13.3% | 16.8% |
| Rosita | 2,933 | $37,407 | $131,200 | 1.8% | 12.0% |
| Indian Hills | 2,961 | $32,816 | $54,400 | 6.0% | 66.8% |
| Santa Rosa (Cameron County) | 3,215 | $36,780 | $67,400 | 12.1% | 39.4% |
| La Villa | 3,005 | $31,359 | $101,000 | 4.7% | 25.7% |
Population Overview
Olney is a small community located in Texas, within Young County. The total population is 3,015. It ranks as the 578th most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Olney is 35.3 years. This is about the same as the state median of 35.6 years.
Economy, Income & Housing
The median household income in Olney is $36,250. This is 54% lower than the state median of $78,476. It is also 55% lower than the national median of $80,734. The poverty rate stands at 26.4%. This is 91% 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 2.4%. This is 54% lower than the state rate of 5.3%. The median home value is $95,100. Housing costs are 66% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.6x, Olney is one of the most affordable housing markets in the area. 63.1% of occupied housing units are owner-occupied.
Race & Ethnicity
The largest racial or ethnic group in Olney is White (non-Hispanic), making up 69.3% of the population. Hispanic or Latino residents account for 22.5%. The White (non-Hispanic) population is significantly higher than the state average (69.3% vs 39.1%). The Black or African American population (0.4%) is well below the state average of 11.9%.
Education
13.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.0%.
Data Sources & Methodology
All demographic data for Olney, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Olney, Texas?
Olney, Texas has a population of 3,015 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Olney, TX?
The median household income in Olney is $36,250, which is 55% lower than the national median of $80,734.
What is the poverty rate in Olney, TX?
The poverty rate in Olney is 26.4%. This means approximately 780 residents live below the federal poverty line.
What is the racial makeup of Olney, Texas?
Olney's population is 69.3% White, 0.4% Black, 22.5% Hispanic/Latino, and 3.9% Asian.
What is the median home value in Olney, TX?
The median home value in Olney is $95,100. The home-value-to-income ratio is 2.6x.
How educated is Olney, Texas?
13.8% of adults (25+) in Olney hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.