Olney, TX Real Estate
According to census data in the year 2000 there were 1,652 housing units in Olney.
This represents a 7.9% decline from 1,793 in 1990.
Of those housing units, 1,603 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.
Homeownership rate in Olney is about 64.6%.
Olney's vacancy rate, including seasonal lodging, is about 14.5%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Olney were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.70% |
| Two Bedrooms | 38.80% |
| Three Bedrooms | 42.60% |
| Four Bedrooms | 6.20% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $34,300 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.40% |
| Home Equity Loan | 1.50% |
| Simple Mortgage | 35.70% |
| Debt Free | 61.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
