Olney is a medium-sized town located in the state of Maryland. With a population of 35,820 people and eight associated 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.
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.
Telecommuters are a relatively large percentage of the workforce: 25.08% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 33.65 minutes every day commuting to work.
Do you like to read, write and learn? If you move to Olney, you'll likely find that many of your neighbors like to as well. Olney is one of the more educated communities in America, with a full 65.32% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Olney in 2022 was $65,236, which is wealthy relative to Maryland and the nation. This equates to an annual income of $260,944 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 Black or African-American. Olney also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.37% of the town’s residents. Important ancestries of people in Olney include Irish, German, English, Italian, and Russian.
Olney also has a high percentage of its population that was born in another country: 22.31%.
The most common language spoken in Olney is English. Other important languages spoken here include Spanish and Langs. of India.