Olton is located in northwest Texas. Olton is between the Lamb, Castro, Hale county. Olton has 1.36 square miles of land area and has no water area. As of 2010-2014, the total Olton population is 1,904, which has shrunk 16.78% since 2000. The population growth rate is much lower than the state average rate of 25.13% and is much lower than the national average rate of 11.61%. Olton median household income is $29,934 in 2010-2014 and has grown by 24.67% since 2000. The income growth rate is lower than the state average rate of 31.68% and is lower than the national average rate of 27.36%. Olton median house value is $52,300 in 2010-2014 and has grown by 63.95% since 2000. The house value growth rate is higher than the state average rate of 59.27% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Olton is worse than the state average in quality. The Olton area code is 806.