Olive Branch has a population of 45,938 with a median age of 38.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 45,938 |
| Median Age | 38.2 |
| White | 59.4% |
| Black or African American | 32.2% |
| Asian | 1.6% |
| Hispanic or Latino | 5.1% |
| Other / Two or More Races | 1.7% |
The median household income in Olive Branch is $93,762, which is 24.8% above the national median of $75,149. The per capita income is $40,277. The poverty rate is 5.1%.
The unemployment rate in Olive Branch is 2.7%, compared to the national rate of 5.4%.
In Olive Branch, 94.6% of residents age 25+ have a high school diploma or higher, and 32.5% hold a bachelor's degree or higher (11.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.6% |
| Bachelor's Degree or Higher | 32.5% |
| Graduate or Professional Degree | 11.1% |
The median home value in Olive Branch is $245,800, below the national median of $281,900. The median monthly rent is $1,504. The homeownership rate is 81.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $245,800 |
| Median Monthly Rent | $1,504 |
| Homeownership Rate | 81.4% |
| Vacancy Rate | 3.0% |
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