Everything You Should Know Before Moving to Olney, MD
Considering a move to Olney, MD? This vibrant community of 36,800 offers excellent public schools, a high median household income of $151,300, and a strong owner-occupied housing rate. The median home price is around $590,000 and average rent for a 2-bedroom is $2,150. Residents enjoy a low violent crime rate (104 per 100K), 59% sunny days, and easy access to quality healthcare and higher education. With a welcoming, diverse population and a family-friendly atmosphere, Olney is an attractive choice for those seeking suburban living near the DC metro area.
Demographics - Olney, MD
Olney is home to about 36,800 residents, featuring a diverse community with significant White, Black, and Asian populations. The median age is 42.2, and nearly one in five residents speaks a language other than English at home, reflecting the area's multicultural character. With a balanced gender ratio and moderate population density, Olney offers a welcoming suburban environment.
Population:
36,800
Density:
2,700 per sq mi
Median Age:
42.2
Gender Ratio:
94 males per 100 females
Non-English Speakers Percentage:
18.3%
Ethnic Composition
White:
63.1%
Black:
13.6%
Asian:
13.7%
Others:
9.6%
Cost Of Living
What is the average cost of living in Olney, MD?
The cost of living in Olney is higher than the national average, with a median home value of $590,000 and average rent at $2,150 for a two-bedroom apartment. Residents should expect housing and groceries to be the largest expenses, while state income tax rates range from 2% to 5.75%. Utilities and transportation costs are moderate, making the area appealing for those seeking quality amenities.
Median House Value:
$590,000
Gross Rent:
$2,150
Monthly Electricity Charges:
$145
Auto Insurance:
$1,490
House Owner Cost With Mortgage:
$2,750
House Owner Cost Without Mortgage:
$825
State Taxes:
Low:
2%
|
High:
5.75%
Cost Of Living Index:
134
Grocery:
115
Housing:
158
Utilities:
106
Transportation:
122
Health Care:
108
Miscellaneous:
110
Crime
Is Olney, MD a safe place to live?
Olney enjoys a low crime rate, with violent crimes occurring at just 104 incidents per 100,000 residents and a chance of property crime at 1 in 95. The community is considered safe, offering peace of mind to families and individuals alike. Residents benefit from a secure environment with crime well below national averages.
Violent Crimes Per 100k:
104
Property Crimes Per 100k:
1,050
Crime Index:
1,154
Chance Of Violent Crime:
1 in 960
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Olney, MD year-round?
Olney experiences four distinct seasons, with warm summers reaching highs of 87°F and cold winters dipping to 27°F. The area receives about 43.7 inches of rainfall annually and enjoys sunshine 59% of the year. This climate provides a pleasant balance for outdoor activities year-round.
Winter
Min:
27°F
Max:
43°F
Spring
Min:
46°F
Max:
70°F
Summer
Min:
66°F
Max:
87°F
Fall
Min:
48°F
Max:
72°F
Average Rainfall Inches:
43.7 inches
Sunny Days Percentage:
59%
Neighbors
Residents in Olney benefit from a high median household income of $151,300 and an impressively low poverty rate of 3.2%. The area is known for its well-educated population, with over 61% holding a bachelor’s degree or higher, and an average commute time of about 39 minutes. Community members enjoy a comfortable suburban lifestyle with strong economic and educational resources.
Median Income:
$58,000
Household Income:
$151,300
Family Income:
$166,800
Per Capita Income:
$56,400
Income Male:
$68,200
Income Female:
$54,100
Poverty Rate:
3.2%
Non English Speakers:
18.3%
Rent:
$2,150
Unemployment Rate:
2.9%
Public Transport Usage:
10.1%
Commute Time:
39.2 minutes
Education
High School or Higher:
97.2%
Bachelors or More:
61.5%
Education
How are the schools in Olney, MD?
Families in Olney benefit from highly rated public schools, including Sherwood High School and several well-regarded elementary and middle schools. The area also offers private school options and is conveniently close to major higher education institutions like Montgomery College and the University of Maryland. Education is a cornerstone of the community, with exceptional opportunities for learners of all ages.
Public Schools
Name:
Sherwood High School
Street:
300 Olney Sandy Spring Rd
Phone:
301-924-3200
Students:
1,950
Student Teacher Ratio:
16.5
Name:
William H. Farquhar Middle School
Street:
17017 Batchellors Forest Rd
Phone:
301-924-3130
Students:
770
Student Teacher Ratio:
13.9
Name:
Olney Elementary School
Street:
3401 Queen Mary Dr
Phone:
301-924-3126
Students:
640
Student Teacher Ratio:
14.7
Private Schools
Name:
St. Peter's School
Street:
2900 Olney Sandy Spring Rd
Phone:
301-774-9112
Students:
390
Colleges
Name:
Montgomery College - Rockville Campus
City:
Rockville
State:
MD
Distance:
9 miles
Students:
13,600
Name:
University of Maryland, College Park
City:
College Park
State:
MD
Distance:
15 miles
Students:
40,700
Healthcare
Olney offers excellent healthcare access, anchored by MedStar Montgomery Medical Center, a full-service hospital with emergency care. The city boasts a high physician-to-resident ratio and over 95% of residents have health insurance coverage. This ensures residents have quality medical services close to home.
Major Hospitals
Name:
MedStar Montgomery Medical Center
Address:
18101 Prince Philip Dr, Olney, MD 20832
Phone:
(301) 774-8882
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
95.6%
Health Care Index:
77.4
Housing Market
What is the housing market like in Olney, MD?
Olney's housing market is robust, with a median home price of $590,000 and an owner-occupied rate of nearly 87%. Home values have appreciated by over 6% in the past year, while rental vacancies remain low at 4.1%. The area offers stable investment potential and a strong sense of community among homeowners.
Median Home Price:
$590,000
Average Rent For 2 Bedroom:
$2,150
Owner Occupied Rate:
86.8%
Rental Vacancy Rate:
4.1%
Home Appreciation Rate (1yr):
6.3%
New Construction Rate:
0.8%
Foreclosure Rate:
0.3%
DMV Information
Olney residents are served by the Maryland Motor Vehicle Administration, located nearby in Gaithersburg. The DMV provides services such as licensing, registration, and title transfers, easily accessible via their website or by phone. This convenient access simplifies transportation needs for locals.
State:
Maryland
Department:
Maryland Motor Vehicle Administration
Address:
15 Metropolitan Grove Rd, Gaithersburg, MD 20878
Phone:
1-410-768-7000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.