Living in Olton, Texas
Cost of living, income, home prices, rent and demographics of Olton · Census data 2020–2024
Olton has 1,552 residents with a median age of 43.9. The median household income is $46,029 (41% lower than the Texas median), the median home value is $50,800, the median rent is $1,045/month.
Olton at a glance
- Population
- 1,552
- Median age
- 43.9State: 35.6
- Median household income
- $46,029State: $78,476
- Median home value
- $50,800State: $283,800
- Median rent
- $1,045/moState: $1,403
- Homeowners
- 66.8%
- Bachelor's degree or higher
- 7.6%
- Average commute
- 14 min
Is Olton a good place to live?
Pros: Home values 82% lower than the state median; an average commute of 14 minutes; unemployment of 0%.
Cons: Median household income 41% lower than the Texas median; a poverty rate of 18.4%.
The weather is best in April–May and September–October.
Cost of living in Olton
Housing is the biggest part of the cost of living. In Olton the median home value is $50,800, 85% lower than the U.S. median. Renters pay a median of $1,045 per month, which is 23.4% of household income. Homeowners with a mortgage pay $905 a month in housing costs.
Olton median household income
The median household income in Olton is $46,029 and the income per person is $23,061. 18.4% of residents live below the poverty line (Texas: 13.8%).
Housing in Olton: homes for sale and rent
- Housing units
- 702
- Owner-occupied
- 66.8%
- Renter-occupied
- 33.2%
- Vacant
- 21.9%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.69
Olton demographics
- Population
- 1,552
- Median age
- 43.9
- Under 18
- 23.3%
- 65 and older
- 17.5%
- Households
- 548
- Foreign-born
- 15.6%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Olton ›
Education in Olton
7.6% of adults 25 and older in Olton have a bachelor's degree or higher (Texas: 33.8%), and 4.1% have a graduate or professional degree.
Jobs and commute in Olton
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 14 minState: 27 min
- Work from home
- 6.4%
- Drive alone
- 82%
- Public transit
- 1.6%
- Walk to work
- 0%
- Homes with broadband
- 82.5%
Olton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olton | 1,552 | $46,029 | $50,800 | $1,045 |
| Hart | 919 | $46,354 | $52,200 | $883 |
| Edmonson | 120 | $65,000 | — | — |
| Earth | 925 | $47,574 | $78,300 | $750 |
| Hale Center | 2,037 | $57,083 | $76,200 | $594 |
| Amherst | 902 | $63,611 | $35,500 | $779 |
| Littlefield | 5,822 | $60,636 | $79,400 | $1,059 |
| Sudan | 1,154 | $70,625 | $100,400 | $687 |
| Plainview | 19,711 | $44,768 | $113,000 | $851 |
More for people moving to Olton
Olton ZIP code ›Weather and climate ›Living in Olton: FAQ
What is the median household income in Olton, TX?
The median household income in Olton is $46,029, 41% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Olton?
The median home value in Olton is $50,800, compared with $283,800 in Texas.
How much is rent in Olton?
The median gross rent in Olton is $1,045 per month, about 23.4% of household income.
Is Olton, TX a good place to live?
Pluses: home values 82% lower than the state median; an average commute of 14 minutes; unemployment of 0%. Minuses: median household income 41% lower than the Texas median; a poverty rate of 18.4%.
What is the median age in Olton?
The median age in Olton is 43.9 years (Texas: 35.6).
How long is the commute in Olton?
The average commute to work in Olton is 14 minutes; 6.4% of workers work from home.
What is the unemployment rate in Olton?
The unemployment rate in Olton is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olton?
7.6% of adults in Olton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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