Olney, Texas is a small-sized city with a population of 3,189 people. If we look at the most recent Census, Olney is known to have a predominantly White population. The next two most common races are Asian and American Indian and Alaskan. Additionally, more than a quarter of the population of Olney are of Hispanic or Latino origin, and 16% of the population also speak Spanish. If you are not a fan of long commutes, you will enjoy living in Olney. With an average one way commute time of only 13 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Olney can be a good experience for anyone moving to the area. Having said that, in the state of Texas, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like amenities, commute, housing and other key data points, finding the best places to live in Olney and in the areas around Olney is a much easier task.
The livability score in Olney is 66/100 and the city is ranked in the 63rd percentile of all cities across America. Based on the rankings for each individual category, Olney has received high marks for crime (B+), education (B-) and housing (A+). On a less positive note, Olney does not have favorable grades for the following: amenities (F) and employment (F). If we take a look at the data, we can find out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Olney shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 199 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Olney has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Olney meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Olney. Everything else becomes a lot less important if it turns out that home prices in Olney are simply unattainable. Median real estate prices in Olney come in at $124,217, which is 51.6% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Olney, the home price to income ratio is 2.5, which is 21.9% lower than the Texas average.
| Statistic | Olney | Texas | National |
| Average one way commute | 13min | 26min | 26min |
| Workers who drive to work | 83.3% | 80.3% | 76.4% |
| Workers who carpool | 9.5% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 3.9% | 1.6% | 2.8% |
| Working from home | 2.2% | 4.3% | 4.6% |
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