How many renters in Olney, MD pay more than 30% of their income on rent?
48.7% (±11.6 points) of renting households in Olney, MD spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
45.4% spend 35% or more.
The median renting household spends 29.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 48.7% (±11.6 points)
- Paying 35% or more
- 45.4% (±11.2 points)
- Median share of income
- 29.0% (±13.6 points)
Rent as a share of income in Olney
| Share of income spent on rent | Olney | Montgomery County | Maryland | United States |
|---|---|---|---|---|
| Less than 15% | 15.2% (±7.3 points) | 10.7% | 11.5% | 12.6% |
| 15% to 19.9% | 5.6% (±3.4 points) | 12.3% | 12.0% | 12.2% |
| 20% to 24.9% | 24.3% (±10.0 points) | 13.4% | 13.1% | 12.6% |
| 25% to 29.9% | 6.1% (±4.5 points) | 12.0% | 11.9% | 11.5% |
| 30% to 34.9% | 3.3% (±3.0 points) | 9.7% | 9.2% | 9.2% |
| 35% or more | 45.4% (±11.2 points) | 41.9% | 42.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Olney against Montgomery County, its state and the nation
| Olney | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Paying 30% or more | 48.7% (±11.6 points) | 51.6% (±1.5 points) | 51.5% (±0.7 points) | 51.1% |
| Paying 35% or more | 45.4% (±11.2 points) | 41.9% (±1.3 points) | 42.3% (±0.6 points) | 41.9% |
| Median share of income | 29.0% (±13.6 points) | 30.8% (±0.6 points) | 30.8% (±0.4 points) | 30.6% |
| Median renter household income | $79,522 (±$33,703) | $79,810 (±$1,782) | $62,703 (±$866) | $52,966 |
| Median gross rent | $2,404 (±$267) | $2,068 (±$20) | $1,705 (±$8) | $1,413 |
In Olney, the share of renters paying 30% or more of income is not measurably different from Montgomery County (51.6%).
It is not measurably different from Maryland (51.5%).
It is not measurably different from the national figure (51.1%).
In Montgomery County, Olney ranks 38 of 57 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 207 of 383.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Olney
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Olney | — | 48.7% (±11.6 points) | — |
| Leisure World | 2.8 mi | 64.9% (±14.0 points) | Not measurably different |
| Aspen Hill | 3.5 mi | 57.3% (±7.4 points) | Not measurably different |
| Ashton-Sandy Spring | 3.9 mi | 27.4% (±40.2 points) | Not measurably different |
| Redland | 4.0 mi | 55.6% (±13.2 points) | Not measurably different |
| Layhill | 4.1 mi | 48.8% (±26.4 points) | Not measurably different |
| Derwood | 4.7 mi | 51.9% (±36.2 points) | Not measurably different |
| Cloverly | 5.0 mi | 56.0% (±22.4 points) | Not measurably different |
| Glenmont | 5.3 mi | 58.4% (±13.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Montgomery County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 32 | Rockville | 51.6% (±4.8 points) |
| 33 | Flower Hill | 51.4% (±14.1 points) |
| 34 | Clarksburg | 51.2% (±16.3 points) |
| 35 | Hillandale | 50.9% (±48.8 points) |
| 36 | Germantown | 50.2% (±5.5 points) |
| 37 | Layhill | 48.8% (±26.4 points) |
| 38 | Olney | 48.7% (±11.6 points) |
| 39 | Gaithersburg | 48.6% (±4.7 points) |
| 40 | Wheaton | 47.2% (±7.5 points) |
| 41 | Four Corners | 46.4% (±21.9 points) |
| 42 | Bethesda | 46.2% (±4.1 points) |
| 43 | Potomac | 46.1% (±11.6 points) |
| 44 | Darnestown | 44.6% (±53.6 points) |
Showing 13 of 57 places in Montgomery County, ranked from highest to lowest.
Olney is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Olney
Are renters in Olney rent-burdened?
48.7% of renting households in Olney pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Olney spend on rent?
The median renting household in Olney, MD spends 29.0% (±13.6 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olney CDP, Maryland
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Olney CDP, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Olney CDP, Maryland
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Olney CDP, Maryland (place:58900, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Fair Market Rent in Olney
- Maryland landlord and tenant rules
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