Last updated: 2024 BLS data · Page refreshed:
Olivet has a population of 1,844 with a median age of 21.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,844 |
| Median Age | 21.2 |
| White | 78.6% |
| Black or African American | 13.8% |
| Asian | 0.4% |
| Hispanic or Latino | 5.5% |
| Other / Two or More Races | 1.7% |
The median household income in Olivet is $54,722, which is 32.1% below the national median of $80,610. The per capita income is $21,096. The poverty rate is 14.6%.
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In Olivet, 93.7% of residents age 25+ have a high school diploma or higher, and 25.3% hold a bachelor's degree or higher (6.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.7% |
| Bachelor's Degree or Higher | 25.3% |
| Graduate or Professional Degree | 6.3% |
The median home value in Olivet is $154,900, below the national median of $303,400. The median monthly rent is $925. The homeownership rate is 50.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $154,900 |
| Median Monthly Rent | $925 |
| Homeownership Rate | 50.2% |
| Vacancy Rate | 8.2% |
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