Last updated: 2024 BLS data · Page refreshed:
Olive Branch has a population of 47,019 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 47,019 |
| Median Age | 38.0 |
| White | 53.4% |
| Black or African American | 35.7% |
| Asian | 2.1% |
| Hispanic or Latino | 6.3% |
| Other / Two or More Races | 2.5% |
The median household income in Olive Branch is $100,606, which is 24.8% above the national median of $80,610. The per capita income is $43,248. The poverty rate is 4.6%.
The unemployment rate in Olive Branch is 2.5%, compared to the national rate of 4.1%.
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In Olive Branch, 93.7% of residents age 25+ have a high school diploma or higher, and 31.4% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.7% |
| Bachelor's Degree or Higher | 31.4% |
| Graduate or Professional Degree | 10.3% |
The median home value in Olive Branch is $290,000, below the national median of $303,400. The median monthly rent is $1,829. The homeownership rate is 82.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $290,000 |
| Median Monthly Rent | $1,829 |
| Homeownership Rate | 82.3% |
| Vacancy Rate | 3.4% |
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