Olney, TX Profile: Facts, Map & Data

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Olney, Texas - Basic Facts

Real Estate Resources

The City of Olney had a population of 3,183 as of July 1, 2016. Olney ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Olney is located at latitude 33.3641 and longitude -98.7585 in Young County. The formal boundaries for the City of Olney (see map below) encompass a land area of 2.02 sq. miles and a water area of 0.01 sq. miles. Young County is in the Central time zone (GMT -6). The elevation is 1,184 feet.

The City of Olney (GNIS ID: 2411316) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Olney is located within Olney Division of Young County.

Beneath the boundary map are tables with Olney population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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City of Olney, TX Boundary Map



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Boundary Maps: Olney Division | Young County | Texas Counties

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Olney, TX Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 3,183
Population in Households 3,122
Population in Familes 2,535
Population in Group Qrtrs 61
Population Density1 1,573
Diversity Index2 53
 

HOUSEHOLDS

Total Households 1,295
Average Household Size 2.41
Family Households 847
Average Family Size 3

HOUSING

Total Housing Units 1,545 (100%)
Owner Occupied HU 781 (50.6%)
Renter Occupied HU 514 (33.3%)
Vacant Housing Units 250 (16.2%)
Median Home Value $46,378
Average Home Value $61,524
 

INCOME

Median Household Income $30,720
Average Household Income $45,485
Per Capita Income $18,817
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.5% -0.31%
Households -0.57% -0.36%
Families -0.79% -0.45%
Median Household Income   1.59%
Per Capita Income   1.45%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Olney, TX - Peer Comparisons by Rank and Percentile

The table below compares Olney to the other 1,749 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 535 69th
Population Density1 # 413 76th
Diversity Index2 # 784 55th
Median Household Income # 1517 13th
Per Capita Income # 1244 29th

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.