HomeMarylandMontgomery CountyOlney
Olney, Maryland: commercial real estate data.
Olney is a Census CDP of 35,797 people across 16.18 square miles of land, in Montgomery County. Median household income is $171,458, 89.2 percent of occupied homes are owned, and the SBA record carries 28 7(a) approvals to borrowers here worth $11.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Olney
What Olney is
- Census place typeCDP
- Land area16.18 sq mi
- Water area0.04 sq mi
- Population per square mile of land2,212
- County holding the largest share of its areaMontgomery County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
How many people live in Olney
- Population35,797
- Median age41.6
- Population under 189,368
- Share under 1826.2 percent
- Population 65 and over5,915
- Share 65 and over16.5 percent
- Households11,829
- Family households9,707
- Share of households that are families82.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
Income and work in Olney
- Median household income$171,458
- Per capita income$67,351
- Civilian labor force19,305
- Employed18,605
- Unemployed700 plus or minus 188
- Unemployment rate3.6 percent plus or minus 1.0
- Adults 25 and over23,844
- Adults 25 and over with a high school diploma or higher96.8 percent
- Adults 25 and over with a bachelor degree or higher65.0 percent
- Adults 25 and over with a graduate degree31.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
Housing in Olney
- Housing units12,060
- Occupied units11,829
- Vacant units231 plus or minus 116
- Vacancy rate1.9 percent plus or minus 1.0
- Owner occupied10,554
- Renter occupied1,275 plus or minus 282
- Ownership rate89.2 percent
- Median owner-occupied home value$656,600
- Median gross rent, monthly$2,404
- Annual rent as a share of median income16.8 percent
- Single family units11,419
- Share single family94.7 percent
- Units in buildings of two or more641 plus or minus 172
- Share in buildings of two or more5.3 percent plus or minus 1.4
- Mobile homes0
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
How Olney gets to work
- Workers 16 and over who commute12,445
- Commuting under 15 minutes2,082
- Share commuting under 15 minutes16.7 percent
- Commuting 30 minutes or more6,832
- Share commuting 30 minutes or more54.9 percent
- Drove alone57.4 percent
- Carpooled5.7 percent plus or minus 1.6
- Public transport1.9 percent plus or minus 0.7
- Walked1.9 percent plus or minus 1.1
- Worked from home32.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
SBA loans in Olney (7(a))
- Approvals28
- Gross approval$11,873,100
- Average approval$424,039
- Median approval$225,000
- Ninetieth percentile approval$1,076,440
- Largest approval$3,525,000
- Jobs supported332
- Jobs per approval11.9
- Loans with a final outcome9
- Paid in full5
- Charged off4
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises17.9 percent
- Distinct lenders12
- Distinct industries by NAICS18
Counted by borrower city: approvals to borrowers whose address is in Olney, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Olney
SBA loans in Olney (504)
- Approvals5
- Gross approval$3,001,000
- Average approval$600,200
- Median approval$455,000
- Largest approval$1,066,000
- Jobs supported62
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Olney, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery County, not Olney
Montgomery County context, not Olney figures
- Establishments in Montgomery County27,677
- Covered employment, Montgomery County462,298
- Average annual pay, Montgomery County$94,473
- Housing units permitted, Montgomery County3,656
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Olney.
All Montgomery County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Olney questions, answered from the record.
How many people live in Olney, Maryland?
35,797, in 11,829 households. Olney CDP covers 16.18 square miles of land, which is 2,212 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Olney in?
Montgomery County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Olney?
$171,458. The median owner-occupied home is valued at $656,600. Median gross rent is $2,404 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Olney businesses?
28 7(a) approvals totaling $11.9 m since FY2020, across 12 lenders, median approval $225,000, plus 5 504 approvals worth $3.0 m since FY2010. These count approvals to borrowers whose address is in Olney, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Olney borrowers get paid back?
No rate is published for Olney. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Olney figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Olney.
Is zoning published for Olney?
No. Nothing on this page presents parcel level zoning.