Living in Olive Branch, Illinois
Cost of living, income, home prices, rent and demographics of Olive Branch · Census data 2020–2024
Olive Branch has 499 residents with a median age of 56.2. The median home value is $61,500.
Olive Branch is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Olive Branch at a glance
- Population
- 499
- Median age
- 56.2State: 39
- Median home value
- $61,500State: $263,300
- Homeowners
- 89.1%
- Bachelor's degree or higher
- 3.1%
- Average commute
- 29 min
Is Olive Branch a good place to live?
Pros: Home values 77% lower than the state median.
Cons: An average commute of 29 minutes; a poverty rate of 30.1%.
The weather is best in May and August to October.
Cost of living in Olive Branch
Housing is the biggest part of the cost of living. In Olive Branch the median home value is $61,500, 82% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,089 a month in housing costs.
Housing in Olive Branch: homes for sale and rent
- Housing units
- 279
- Owner-occupied
- 89.1%
- Renter-occupied
- 10.9%
- Vacant
- 21.1%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.27
Olive Branch demographics
- Population
- 499
- Median age
- 56.2
- Under 18
- 14%
- 65 and older
- 23.4%
- Households
- 220
- Foreign-born
- 0%
- Veterans
- 9.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Olive Branch ›
Education in Olive Branch
3.1% of adults 25 and older in Olive Branch have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Olive Branch
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 0%
- Drive alone
- 85.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 47.7%
Olive Branch vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olive Branch | 499 | — | $61,500 | — |
| Tamms | 589 | $50,046 | $55,700 | $496 |
| Thebes | 353 | $40,917 | — | $583 |
| Pulaski | 218 | $33,603 | $88,500 | $669 |
| Mounds | 986 | $30,917 | — | $592 |
| McClure | 239 | $75,385 | $56,700 | $836 |
| East Cape Girardeau | 283 | $42,188 | $62,500 | $930 |
| Scott City | 4,371 | $62,599 | $147,500 | $933 |
| Kelso | 603 | $56,875 | $215,400 | $591 |
More for people moving to Olive Branch
Olive Branch ZIP code ›Weather and climate ›Living in Olive Branch: FAQ
What is the average home price in Olive Branch?
The median home value in Olive Branch is $61,500, compared with $263,300 in Illinois.
Is Olive Branch, IL a good place to live?
Pluses: home values 77% lower than the state median. Minuses: an average commute of 29 minutes; a poverty rate of 30.1%.
What is the median age in Olive Branch?
The median age in Olive Branch is 56.2 years (Illinois: 39).
How long is the commute in Olive Branch?
The average commute to work in Olive Branch is 29 minutes; 0% of workers work from home.
What is the unemployment rate in Olive Branch?
The unemployment rate in Olive Branch is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olive Branch?
3.1% of adults in Olive Branch have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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