What is the population of Olivet city?

Olivet city has 1,633 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #348 of 745 in Michigan.

What is the median household income in Olivet city?

Median household income in Olivet city is $44,940 a year, 42.8% below the national figure of $78,538.

How much does it cost to rent or buy in Olivet city?

Median gross rent is $919 a month and the median home value is $137,300, so rent absorbs about 24.5% of median household income.

Is Olivet city affordable compared with the rest of the US?

Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Olivet city is more affordable to buy in than the typical US market, and rent takes 24.5% of median income against the 30% cost-burden line.

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Michigan · Census place 60580

Olivet, MI population, income and ZIP codes

Quick answer

The population of the city of Olivet, Michigan (Olivet, MI — Census place “Olivet city”) is 1,633 residents, ranking #348 of 745 places in Michigan. Median household income is $44,940, the median home is worth $137,300 and median gross rent runs $919 a month. Looking for the Olivet Michigan ZIP code list? 1 ZIP codes serve Olivet, MI: 49076.

Population: 1,633Olivet city residents
Median household income: $44,940Past 12 months, inflation adjusted
Median home value: $137,300Owner-occupied units
Median gross rent: $919Rent plus utilities, monthly
Median age: 21.6 yrsAll residents
Homeownership rate: 49.2%Owner-occupied households

Olivet ZIP codes (Michigan)

Census ZCTAs whose delivery area overlaps Olivet.

The Olivet MI ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

49076

What the numbers mean in Olivet city

Housing cost measured against local earnings.

A household earning the Olivet city median would spend about 24.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.6% of residents and 49.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Olivet city, MI in context

How this area compares with national benchmarks.

Olivet city is a small town in Michigan, with 1,633 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #348 of 745 ranked by population — larger than 53% of them. The median age here is 21.6 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Olivet city earn a median of $44,940 a year, 42.8% below the national figure of $78,538 and 27% below the $61,715 median for the 438 Michigan cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 16.6% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Olivet city is valued at $137,300, 54.7% below the national figure and 17% below the $166,100 peer median, while median gross rent runs $919 a month, 34.6% below the national figure, or roughly $11,028 across a full year. A household on the local median income would put about 24.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 49.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 21.6 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Michigan.

More Michigan coverage.

Frequently asked questions

Common questions about this area.

What is the population of Olivet city?: Olivet city has 1,633 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #348 of 745 in Michigan.
What is the median household income in Olivet city?: Median household income in Olivet city is $44,940 a year, 42.8% below the national figure of $78,538.
How much does it cost to rent or buy in Olivet city?: Median gross rent is $919 a month and the median home value is $137,300, so rent absorbs about 24.5% of median household income.
Is Olivet city affordable compared with the rest of the US?: Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Olivet city is more affordable to buy in than the typical US market, and rent takes 24.5% of median income against the 30% cost-burden line.
How current is this Olivet city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.