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.Olney is a decidedly white-collar town, with fully 92.07% 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 (17.41%), business and financial occupations (10.90%), and teaching (9.49%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 25.08% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. Olney is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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 have a 4-year college degree or graduate degree? If so, you may feel right at home in Olney. 65.32% 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 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. Foreign born people are also an important part of Olney's cultural character, accounting for 22.31% 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.
