Olney, Texas is found in Young county, and has a populace of 3099, and exists within the more metro region. The median age is 40.6, with 15.5% regarding the populace under ten years old, 11.2% between ten-nineteen many years of age, 11.6% of residents in their 20’s, 11.4% in their thirties, 11.6% in their 40’s, 9.1% in their 50’s, 15.2% in their 60’s, 9.4% in their 70’s, and 5% age 80 or older. 49.4% of inhabitants are male, 50.6% women. 49.9% of inhabitants are recorded as married married, with 16.1% divorced and 24.2% never wedded. The percent of women and men recognized as widowed is 9.8%.
The work force participation rate in Olney is 60.9%, with an unemployment rate of 9.8%. For all those within the work force, the common commute time is 11.8 minutes. 7.2% of Olney’s populace have a grad degree, and 16.7% have earned a bachelors degree. For all without a college degree, 25.8% have some college, 27.8% have a high school diploma, and only 22.5% have an education not as much as twelfth grade. 13.8% are not covered by medical health insurance.
The average family unit size in Olney, TX is 2.92 family members, with 68.1% owning their own residences. The mean home cost is $46348. For those people renting, they spend an average of $689 monthly. 53.4% of households have dual sources of income, and an average domestic income of $49079. Median income is $30141. 17% of residents survive at or below the poverty line, and 19.1% are considered disabled. 11.9% of inhabitants are veterans for the military.
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