Olney Springs is a small town of 477 in Colorado, with a median household income of $48,036
and a 5.3% unemployment rate.
Its cost of living index is 91 (US average = 100), which is
9% below the national average.
Strengths:
Olney Springs stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Olney Springs is right for you depends on your priorities — the full breakdown is below.
All Olney Springs city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 91.1
Olney Springs's overall cost of living index is 91.1,
where 100 represents the US national average.
Living in Olney Springs costs roughly 9% less than the average American city.
Metric
Olney Springs, CO
National Avg
Median Home Value
$93,400
$244,900
Median Monthly Rent
$1,018
$1,163
Homeownership Rate
80.5%
65.9%
Median Household Income
$48,036
$74,755
Crime & Safety
Very Safe
Olney Springs's violent crime rate is 181.5 per 100,000 residents
— 52% lower than the national average of ~380 per 100,000.
Violent Crime
181.5 /100k
Property Crime
693.0 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Olney Springs, CO
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
5.4%
35.4%
High School Diploma or Higher
89.9%
91.1%
Weather & Climate
Olney Springs sees average highs of 44.8°F in January
and 94.2°F in July,
with 11.6 inches of annual precipitation
and 17.3 inches of snow per year.
Olney Springs's cost of living index is 91, where 100 is the national average.
That makes Olney Springs roughly 9% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $93,400 and median rent is $1,018/month.
Olney Springs's violent crime rate is 181.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 693.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Olney Springs, CO has a population of 477, a median household income of $48,036, and an unemployment rate of 5.3%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Olney Springs averages 44.8°F in January and 94.2°F in July. Annual rainfall is 11.6 inches
with about 17.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Olney Springs, CO is covered by 1 ZIP code: 81062.
The population of Olney Springs, Colorado is 477 with a median age of 34.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Olney Springs: cost of living index 91 (100 = US average), median home $93,400, median household income $48,036, crime index 42 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Olney Springs side by side with your current city to see the trade-offs.
