Cost of Living in Olney, MD

Population: 36,000 • 2026 Data

$171,766
Median Household Income
+122% vs national
$2,409
Median Monthly Rent
+79% vs national
$632,400
Median Home Value
+87% vs national
4.0%
Unemployment Rate

Housing in Olney

The median home value in Olney, MD is $632,400. Monthly rent for a typical unit averages $2,409, while total monthly housing costs (including utilities and insurance) average $2,484.

Rent-to-income ratio: 16.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Olney, MD is $171,766. The unemployment rate stands at 4.0%, with a labor force of 19,736 people.

Other Cities in Maryland

Baltimore, MD → Columbia, MD → Germantown, MD → Waldorf, MD → Silver Spring, MD → Frederick, MD → Ellicott City, MD → Glen Burnie, MD →

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov