Olney, MD, is a suburban community located in Montgomery County, just a short drive from Washington, D.C. Known for its family-friendly environment, well-regarded schools, and scenic parks...
Olney, MD, is a suburban community located in Montgomery County, just a short drive from Washington, D.C. Known for its family-friendly environment, well-regarded schools, and scenic parks, Olney offers a blend of suburban tranquility and urban access. The city has a rich history and is home to a diverse population, including a growing number of retirees seeking quality senior living options.
Costs of Senior Communities in Olney
The cost of senior communities in Olney, MD, varies widely based on the type of facility and level of care. On average, assisted living in the area costs between $4,000 and $6,000 per month, while independent living may range from $2,500 to $4,000 monthly. Memory care facilities tend to be on the higher end, averaging around $6,000 to $7,500 per month. These costs are generally consistent with the greater Montgomery County area, which is known for its higher living expenses.
Average Income in Olney
The average household income in Olney, MD, is approximately $120,000 per year, which is significantly higher than the national average. This income level reflects Olney's affluent, suburban character, with many residents working in professional, technical, and managerial roles.
Ranking of Olney among Top Cities in Maryland
Olney ranks as one of the top cities in Maryland due to its desirable location, excellent quality of life, and proximity to Washington, D.C. It is often considered one of the best places to live in Montgomery County, offering a suburban atmosphere with easy access to urban amenities. Olney is consistently ranked highly for its family-oriented environment, safety, and strong community ties.
Top Senior Communities Providers/Facilities in Olney, MD:
