Olney, Texas: commercial real estate data.
Olney is a Census city of 3,015 people across 2.02 square miles of land, in Young County. Median household income is $36,250, 63.1 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $6.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Olney
What Olney is
- Census place typecity
- Land area2.02 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,490
- County holding the largest share of its areaYoung 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
- Population3,015
- Median age35.3 plus or minus 8.5
- Population under 18773 plus or minus 202
- Share under 1825.6 percent plus or minus 6.7
- Population 65 and over472 plus or minus 117
- Share 65 and over15.7 percent plus or minus 3.9
- Households1,302
- Family households777
- Share of households that are families59.7 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$36,250 plus or minus $9,608
- Per capita income$29,325
- Civilian labor force1,370
- Employed1,337
- Unemployed33 plus or minus 35
- Unemployment rate2.4 percent plus or minus 2.5
- Adults 25 and over1,948
- Adults 25 and over with a high school diploma or higher88.0 percent
- Adults 25 and over with a bachelor degree or higher13.8 percent plus or minus 5.6
- Adults 25 and over with a graduate degree4.4 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
Housing in Olney
- Housing units1,509
- Occupied units1,302
- Vacant units207 plus or minus 88
- Vacancy rate13.7 percent plus or minus 5.7
- Owner occupied822
- Renter occupied480 plus or minus 129
- Ownership rate63.1 percent
- Median owner-occupied home value$95,100 plus or minus $23,829
- Median gross rent, monthly$439 plus or minus $252
- Annual rent as a share of median income14.5 percent plus or minus 9.2
- Single family units1,238
- Share single family82.0 percent
- Units in buildings of two or more251 plus or minus 106
- Share in buildings of two or more16.6 percent plus or minus 6.8
- Mobile homes20 plus or minus 24
- Median year structure built1965
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 commute1,281
- Commuting under 15 minutes906 plus or minus 212
- Share commuting under 15 minutes70.7 percent
- Commuting 30 minutes or more286 plus or minus 134
- Share commuting 30 minutes or more22.3 percent plus or minus 9.7
- Drove alone70.6 percent
- Carpooled17.6 percent plus or minus 8.1
- Public transport1.4 percent plus or minus 2.0
- Walked5.9 percent plus or minus 4.1
- Worked from home3.4 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olney
SBA loans in Olney (7(a))
- Approvals4
- Gross approval$6,308,100
- Average approval$1,577,025
- Median approval$714,000
- Largest approval$4,865,100
- Jobs supported73
- Jobs per approval18.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term215 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Olney, in any county, FY2020 to FY2026. Only 0 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
Flood risk in Olney
- NFIP communityCity of Olney
- NFIP community number480686
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/18/11
The City of Olney participates in the National Flood Insurance Program as community 480686 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Young County, not Olney
Young County context, not Olney figures
- Establishments in Young County571
- Covered employment, Young County7,010
- Average annual pay, Young County$61,045
- Housing units permitted, Young County23
Every figure in this section is published for Young County as a whole and is not a measurement of Olney.
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, Texas?
3,015, in 1,302 households. Olney city covers 2.02 square miles of land, which is 1,490 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?
Young 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?
$36,250. The median owner-occupied home is valued at $95,100. Median gross rent is $439 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?
4 7(a) approvals totaling $6.3 m since FY2020, across 4 lenders, median approval $714,000. 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 0 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.
Is Olney in the National Flood Insurance Program?
Yes. Olney appears in the FEMA Community Status Book as Olney, city of, community 480686, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
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 Young 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.
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