Olney Springs, Colorado Housing

Olney Springs, Colorado has a population of 338, with a median household income of $47,114.

Current housing data for Olney Springs.

$255,552

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Population

338

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Median Income

$47,114

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Unemployment

5.80%

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Housing Price

$255,552

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Crime Rate

2.40

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Internet Speed

130.00 Mbps

Olney Springs is a small local community located in Colorado. The city has a population that is below the average city population in Colorado, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Colorado, Olney Springs provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Olney Springs has a population of 338, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Olney Springs is $47,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Olney Springs is about $255,552, making it relatively affordable compared to many cities in Colorado.

Employment and Safety

The unemployment rate in Olney Springs is 5.80%, slightly above the state average, suggesting moderate employment conditions. Olney Springs has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Colorado, Olney Springs shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Olney Springs continues to play a role in shaping regional trends in Colorado, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Olney Springs

What is the population of Olney Springs?

The population of Olney Springs is approximately 338.

Is Olney Springs a good place to live?

Olney Springs offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Olney Springs?

The median household income in Olney Springs is around $47,114.

How expensive is housing in Olney Springs?

The average housing price in Olney Springs is approximately $255,552.