Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.5 yrs |
|---|---|
| Avg HH Size | 2.45 |
| Below Poverty | 8.9% ▼ 11% below avg |
| College Grads | 31.9% ▼ 18% below avg |
| Unemployment | 9.4% ▲ 93% above avg |
| No HS Diploma | 28 (1.2%) |
| HS Graduate | 768 (32.8%) |
| Some College | 443 (18.9%) |
| Associates | 355 (15.2%) |
| Bachelors | 195 (8.3%) |
| Graduate Degree | 552 (23.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,614 ▼ 11% below avg |
|---|---|
| Median Home Value | $185,800 ▼ 33% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $904/mo |
| Total Housing Units | 1,544 |
| Vacant Units | 99 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Olivet is a city in Michigan, located in Eaton County. The city spans 1 ZIP code and is home to approximately 4,255 residents. It is a relatively young city, with a median age of 33.5 years.
Economically, Olivet is a solidly middle-class community. The median household income of $67,614 is near the national average. Approximately 8.9% of residents live below the poverty line. The unemployment rate is 9.4%, significantly above the national average.
The real estate market in Olivet is an affordable housing market. Median home values stand at $185,800, which is below the national average. Renters typically pay around $904 per month. Homeownership is high at 79.0%, typical of suburban and family-oriented communities.
The population of Olivet is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (87.92%).
Olivet, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49076 | 4,255 | $67,614 | $185,800 | $904 | 9.4% | 31.9% | 79.0% |