The correlation between demographic shifts and economic trends is not strongly evident in this case, likely due to the extremely small population size which makes statistical analysis less reliable. The slight increase in diversity in 2022 coincides with one of the lowest median income years, which could suggest that economic pressures may be influencing demographic changes, albeit on a very small scale.

The demographic profile of Olney contrasts with national trends towards increasing diversity. While many urban and suburban areas across the United States have been experiencing significant increases in racial and ethnic diversity over the past decade, Olney has remained overwhelmingly white.

The economic trajectory of Olney diverges from national trends. While the U.S. saw general economic growth and recovery in the years following the 2008 recession, Olney's median income has been volatile and ultimately declined. The 2022 median income figure ($38,570) is significantly below the national median income, which was approximately $70,784 in 2021.

The extremely low population density (less than 2 people per square mile) is far below the national average and even below Montana's average of about 7 people per square mile. This extreme rurality likely contributes to the area's demographic homogeneity and economic challenges.

Olney represents an ultra-rural, predominantly white community that has experienced economic decline and minimal demographic change over the past decade, contrasting with broader national trends of urbanization, diversification, and economic growth in many areas. The community's future may depend on its ability to attract new residents and diversify its economic base to reverse the trend of population decline and income stagnation.