US ZIP Code
38654

Olive Branch, MS

DeSoto County  ·  Mississippi

● Active
👥 57,334 Population ↑ 9% since 2019
💰 $99,481 Median HH Income
▲ 30% above avg ↑ 21% since 2019
🎂 38.1 Median Age
🏠 $284,400 Median Home Value
≈ Avg ↑ 46% since 2019
🎓 42.8% College Grads
▲ 10% above avg
📊 2.9% Unemployment
▼ 41% below avg ↓ 31% since 2019
ZIP Code Details
ZIP Code38654
CityOlive Branch
StateMississippi (MS)
CountyDeSoto County
Area Code662
Elevation369 ft
Latitude34.933929
Longitude-89.81628
TimezoneChicago (DST)
FIPS28033
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.9% (28,042) Female 51.1% (29,292) ♀

Race & Ethnicity

White: 57.4%Hispanic: 5.2%Black: 31.9%Asian: 2.2%Other: 3%Race
White57.4%
Hispanic5.2%
Black31.9%
Asian2.2%
Other3.0%

Age Breakdown

Under 5
5%
5–17
20%
18–24
8%
25–44
27%
45–64
27%
65+
6%

Key Indicators

Median Age38.1 yrs
Avg Household Size2.76
Below Poverty5.7% ▼ 43% below avg
College Grads42.8% ▲ 10% above avg
Unemployment2.9% ▼ 41% below avg
No HS Diploma430 (1.2%)
HS Graduate9,502 (26.1%)
Some College4,595 (12.6%)
Associates6,314 (17.3%)
Bachelors3,771 (10.4%)
Graduate Degree11,791 (32.4%)

Education

No HS: 1.2%HS Grad: 26.1%Some College: 12.6%Associates: 17.3%Bachelors: 10.4%Graduate: 32.4%Edu
No HS1.2%
HS Grad26.1%
Some College12.6%
Associates17.3%
Bachelors10.4%
Graduate32.4%
Housing & Income

Housing Tenure

Owner: 85.1%Renter: 14.9%Tenure
Owner85.1%
Renter14.9%

Home Value Distribution

Under $50k
4%
$50k–100k
1%
$100k–150k
6%
$150k–200k
11%
$200k–300k
33%
$300k–500k
37%
Over $500k
7%

Financials

Median HH Income$99,481 ▲ 30% above avg ↑ 21% since 2019
Median Home Value$284,400 ≈ Avg ↑ 46% since 2019
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$1,570/mo ↑ 36% since 2019
Total Units21,437
Vacant Units680
Avg HH Size2.76

Income Distribution

Under $25k
9%
$25k–50k
9%
$50k–75k
15%
$75k–100k
15%
$100k–150k
27%
$150k–200k
13%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
1%
Work From Home
9%

Commute Time

Under 15 min
24%
15–30 min
41%
30–45 min
24%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
2%
1960s–1970s
7%
1980s–1990s
30%
2000+
61%

Summary

Total Units21,437
Vacant680
Owner Occupied85.1%
Renter Occupied14.9%
Avg HH Size2.76
Frequently Asked Questions
ZIP code 38654 is in Olive Branch, MS, in DeSoto County.
ZIP code 38654 is located in Mississippi (MS).
ZIP code 38654 is in DeSoto County, MS.
ZIP 38654 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 38654 is 57,334 people (ACS 2023).
The median household income in ZIP code 38654 is $99,481 (ACS 2023).
The median home value in ZIP 38654 is $284,400 (ACS 2023).
About ZIP Code 38654

ZIP code 38654 is located in Olive Branch, Mississippi, within DeSoto County. With a population of 57,334, this is a highly populated ZIP code with a middle-aged community — the median age is 38.1 years. Economically, 38654 is a middle-income ZIP code: the median household income of $99,481 is above the national average.

Real estate in ZIP code 38654 represents a mid-range housing market. The median home value of $284,400 is near the national average. Renters can expect to pay around $1,570 per month in median rent. Homeownership is strong here — 85.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 46% since 2019.

The population of 38654 is majority White (57.36%). Residents are well-educated — 42.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 5.7%. Household income has grown by 21% since 2019.

The unemployment rate in 38654 stands at 2.9%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 38654 in Olive Branch, MS is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 57,334 residents, a median household income of $99,481, and a median home value of $284,400, it offers a clear picture of life in this part of Mississippi.