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Olney, Texas

city · Young County

At a glance

3,015
Population
$95,100
Median home value (all homes)
69% below U.S. median
$119,518
Typical market value
Zillow, 2026-07
$439/mo
Median rent
67% below U.S. median
$36,250
Median household income
54% below U.S. median
12.9 min
Average commute
87.9%
Homes with broadband
99.89%
Locations with fiber available
2.4%
Unemployment

Cost of living (Clay Affordability Index)

CAI 78 — 22% below the national average. how it's computed

Housing51% below
Goods & services5% below
Utilities6% above
Taxes57% below
Insurance25% above
Commute cost57% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college37 mi
Nearest community college63 mi
Nearest technical college86 mi
High school graduates88%
College graduates13.8%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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