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Olney, MD 20832 has a population of approximately 26,848 and experiences a population change rate of 10.42%. The population density is 2,666.9 / sq mi .
The median household income for Olney, MD 20832 is $155,516, with 8,485 households and an average household size of 3.04.
The median value of a home in Olney, MD 20832 is $581,700 with an appreciation rate of 11.30%. 85.98% of housing in the state is owned while 12.49% is rented.
The cost of living in Olney, MD 20832 is 161.7 %.
The unemployment rate in Olney, MD 20832 is 1.60%, and recent job growth is at 2.51%. Future job growth is projected at 34.92%.
The sales tax rate in Olney, MD 20832 is 6.00%, while the income tax rate is 4.75% .
School expenditures in Olney, MD 20832 are $19,736, and the school ratio is 13.6:1.
The average high temperature in July is 87 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 43.4 inches per year, with 15.8 inches of snow per year.