As of 2024 the population of Odessa is 120,403. The population is expected to grow to 124,144 by 2029 - a growth rate of 0.61%.
The median age of Odessa residents is 34.
The diversity index of Odessa is 83.4, meaning that there is a 83% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Odessa is $95,320 and projected to be $109,209 in 2029. Per capita income is $34,375, projected to be $39,277 in 2029. 2.93% of households – 3,530 – have an income of $200,000 or higher. Average net worth is $759,374 and the average disposable income is $74,955.
There are 50,706 housing units in Odessa; 28,282 are owner-occupied, 14,938 are rented, and 7,486 are vacant. The average home value is $268,130, with 7,669 homes built in 2010 or later, and 393 built in 1939 or earlier.
There are 4,348 businesses in Odessa, employing 60,042 workers and pulling from a labor force of 52,871 age 16 and above. 13,602 workers commute into Odessa from outside the county or state. Key industries for the area include:
38,857 residents both live and work in/around Odessa. The average travel time is 23.0 minutes. 3.28% people have a commute of less than 5 minutes while 5.47% commute 90 minutes or more each way. Of commuters, 43,542 drive alone, 6,022 carpool, and 175 take public transportation. 1,388 use other modes of transport such as motorcycle, bicycle, walking, etc. 1,686 residents work from home.
23,360 members of the workforce hold a high school diploma or GED. 8,299 have associates degrees, 11,457 have bachelor’s degrees, and 5,205 hold a graduate or professional degree.
