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 92.78% 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 (18.83%), office and administrative support (10.37%), and business and financial occupations (9.54%). 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: 26.59% 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. 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. In Olney, however, the average commute to work is quite long. On average, people spend 32.92 minutes each day getting to work, which is significantly higher than the national average. If knowledge is power, Olney is a pretty powerful place. 64.68% of the adults in Olney have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Olney in 2022 was $66,802, which is wealthy relative to Maryland and the nation. This equates to an annual income of $267,208 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 12.07% 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 22.29% 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.
