Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Olney is a moderately-sized city located in the state of Maryland. The city has a population of 35,350 residents. According to the most recent Census, 66% of Olney residents are White, 13% Asian and 12% Black. Something to be aware of when living in Olney are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 34 minutes, this comes in much higher than the national average of 26 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Olney could be a positive experience compared to other cities in Maryland if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like cost of living, education, employment, you can easily compare the best places to live in Olney and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Olney to Maryland and the national average.
Using data and statistics Olney has received a livability score of 80/100. This score is ranked in the 95th percentile when compared to all other cities. Based on this score, Olney would be considered a very livable city! Olney also ranks in the top 10 percent of all cities, which is no small feat! Based on the rankings for each individual category, Olney has received high marks for amenities (B-), crime (A-), education (A-) and housing (A+). There is at least one category that did not score well in Olney. The following was graded with a less than perfect score: cost of living (F).
If you're living in Olney, you can expect to enjoy a multitude of local amenities, mostly thanks to the strategic placement of essential services such as grocery stores, restaurants, coffee shops, parks and various shops. If you're contemplating a move to this locale with the intent of establishing it as your permanent residence, you'll be pleased to find an extensive array of amenities and recreational opportunities within easy reach, either on foot or via a brief commute. This wealth of accessible amenities not only enhances the livability of the area but also ensures that you can enjoy a rich and fulfilling lifestyle, making Olney an attractive destination for those seeking a vibrant and well-served community to call home.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Olney, the unemployment rate stands at 2.17%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Finding affordable real estate and housing in Olney can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Olney meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Olney. Everything else becomes a lot less important if it turns out that home prices in Olney are simply unattainable. The median home price for Olney homes is $524,700, which is 80.7% higher than the Maryland average. If we take a closer look at the affordability of homes in Olney, we’ll see that the home price to income ratio is 3.5, which is 7.9% lower than the Maryland average.
| Statistic | Olney | Maryland | National |
| Average one way commute | 34min | 32min | 26min |
| Workers who drive to work | 70.9% | 73.7% | 76.4% |
| Workers who carpool | 7.9% | 9.3% | 9.3% |
| Workers who take public transit | 5.5% | 8.9% | 5.1% |
| Workers who bicycle | 0.1% | 0.3% | 0.6% |
| Workers who walk | 2.1% | 2.4% | 2.8% |
| Working from home | 13.3% | 4.4% | 4.6% |
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