Olney Springs, CO Profile: Facts & Data


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Olney Springs, Colorado - Basic Facts

The Town of Olney Springs had a population of 347 as of July 1, 2020. Olney Springs ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Olney Springs is located at latitude 38.1661 and longitude -103.9447 in Crowley County. The formal boundaries for the Town of Olney Springs encompass a land area of 0.24 sq. miles and a water area of 0 sq. miles. Crowley County is in the Mountain time zone (GMT -7). The elevation is 4,383 feet.

The Town of Olney Springs (GNIS ID: 2413079) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Olney Springs is located within Ordway Division of Crowley County.


Olney Springs, CO Data & Demographics (As of July 1, 2020)


Total Population 347 (100%)
Population in Households 87 (25.1%)
Population in Families 71 (20.5%)
Population in Group Quarters1 260 (74.9%)
Population Density 1,442
Diversity Index2 70


Median Household Income $29,047
Average Household Income $36,234
% of Income for Mortgage4 13%
Per Capita Income $5,372
Wealth Index5 28


Total HU (Housing Units) 161 (100%)
Owner Occupied HU 88 (54.7%)
Renter Occupied HU 50 (31.1%)
Vacant Housing Units 23 (14.3%)
Median Home Value $88,793
Average Home Value $135,674
Housing Affordability Index3 202


Total Households 138
Average Household Size 1.0
Family Households 96
Average Family Size 2
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population 0.06% -0.06%
Households 0.21% -0.29%
Families 0.31% -0.21%
Median Household Income   -0.11%
Per Capita Income   0.2%
Owner Occupied HU   -0.23%


Olney Springs, CO - Peer Comparisons by Rank and Percentile

The table below compares Olney Springs to the other 459 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 310 33rd
Population Density # 127 73rd
Median Household Income # 450 2nd
Housing Affordability Index # 404 88th
Per Capita Income # 458 0th
Diversity Index # 52 89th

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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