Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs |
|---|---|
| Avg HH Size | 2.36 |
| Below Poverty | 13.7% ▲ 37% above avg |
| College Grads | 35.8% ▼ 8% below avg |
| Unemployment | 3.2% ▼ 35% below avg |
| No HS Diploma | 29 (1.5%) |
| HS Graduate | 623 (31.9%) |
| Some College | 238 (12.2%) |
| Associates | 363 (18.6%) |
| Bachelors | 284 (14.5%) |
| Graduate Degree | 415 (21.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,265 ▼ 9% below avg |
|---|---|
| Median Home Value | $178,900 ▼ 36% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $765/mo |
| Total Housing Units | 1,422 |
| Vacant Units | 212 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Olivia is a city in Minnesota, located in Renville County. The city spans 1 ZIP code and is home to approximately 2,962 residents. It is a middle-aged city, with a median age of 42.4 years.
Economically, Olivia is a solidly middle-class community. The median household income of $69,265 is near the national average. Approximately 13.7% of residents live below the poverty line. The unemployment rate is 3.2%, below the national average.
The real estate market in Olivia is an affordable housing market. Median home values stand at $178,900, which is below the national average. Renters typically pay around $765 per month. Homeownership is high at 68.1%, typical of suburban and family-oriented communities.
The population of Olivia is moderately educated. 35.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (83.76%).
Olivia, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56277 | 2,962 | $69,265 | $178,900 | $765 | 3.2% | 35.8% | 68.1% |