Olney is a medium-sized town located in the state of Maryland. With a population of 35,820 people and eight constituent neighborhoods, Olney is the 26th largest community in Maryland.
Olney home prices are not only among the most expensive in Maryland, but Olney real estate also consistently ranks among the most expensive in America.
Olney is a decidedly white-collar town, with fully 90.73% of the workforce employed in white-collar jobs, well above the national average. Overall, Olney is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Olney who work in management occupations (16.39%), business and financial occupations (10.01%), and office and administrative support (9.79%).
Also of interest is that Olney has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Olney telecommute to their jobs. Overall, about 13.34% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Olney is a great place for families with children to consider. First of all, many other families with children live here, making Olney a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Olney has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Olney’s overall crime rate is lower than average for the country.
One downside of living in Olney, however, is that residents on average have to contend with a long commute, spending on average 34.40 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Although the majority of commuting trips in the town are by private automobile, Olney is somewhat unusual for a town of its size for having a substantial number of people who use public transportation. For a lot of people, the subway helps to get to and from their jobs every morning, which benefits everyone in the Olney area by reducing both traffic and air pollution.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Olney. 64.11% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Olney in 2018 was $56,115, which is wealthy relative to Maryland and the nation. This equates to an annual income of $224,460 for a family of four.
Olney is an extremely ethnically-diverse town. The people who call Olney home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Olney residents report their race to be White, followed by Asian. Important ancestries of people in Olney include Irish, German, English, Italian, and Polish.
Foreign born people are also an important part of Olney's cultural character, accounting for 20.41% of the town’s population.
The most common language spoken in Olney is English. Other important languages spoken here include Spanish and Langs. of India.