Olney, TX Utility & Living Guide

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Olney, Texas Utility & Living Guide

Olney is a city in Young County, Texas, United States. Its population was 3,007 as of the 2020 census..

Last updated: August 10, 2026
Total Utilities$310/mo
1BR Rent$528/mo
Sales Tax6.25%
COL Index96 (-4)
Family Score6/10
Median Home$86,900
📷 Live Cameras — Olney
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🌤️ Live Weather — Olney
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Living in Olney, summers are intense — Aug highs average 98.7°F, while winters are chilly, with Feb lows around 34.3°F. With 2080 heating degree days annually, heating costs are moderate. With 27.3 inches annually, the climate is relatively dry. Within 5 miles: 2 parks and 3 schools. For hospital care, the nearest facility is in a neighboring city. Median household income: $39,770. With a 23.3% poverty rate and 71.1% homeownership, the community reflects a stable residential mix. Nearby cities: Graham (21mi SE), Seymour (33mi NW), Jacksboro (36mi E). Air quality is Good — avg AQI 44 over the past week.
⚠️ Natural Hazard History — Olney
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$145/mo

Local utility provider
🔥 Gas

$35/mo

Local gas utility
💧 Water

$40/mo

Municipal water department
🗑️ Garbage

$25/mo

Municipal waste management
📶 Internet

$65/mo

Combined Average Overhead$310/month

Housing Market

Rent & Property
1 Bedroom$528/mo
2 Bedrooms$587/mo
3 Bedrooms$733/mo
Median Home Price$86,900
Property Tax Rate1.6%
Avg Childcare/mo$900
Contact a local realtor for current market conditions in Olney.

Cost of Living

Overall COL Index

96

US national avg = 100
vs National Avg

-4

Groceries

94

Transportation

97

Healthcare

92

Childcare/mo

$900

Tax Rates

Tax Overview
Total Sales Tax6.25%
Property Tax Rate1.6%

Family & Relocation

Family Vibe Score
6/10
Safety Index

55

Higher = safer
School Rating

6

GreatSchools avg
Avg Childcare

$900/mo

City Pulse

Population Trend
Population: 5,000

Household Budget Calculator

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📊 Olney — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income
$39,770
🏠 Homeownership Rate
71.1%
🔑 Renter Rate
28.9%
📉 Poverty Rate
23.3%
💼 Unemployment Rate
8.0%
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