Living in Olivet, Illinois
Cost of living, income, home prices, rent and demographics of Olivet · Census data 2020–2024
Olivet has 149 residents with a median age of 43.3. The median household income is $86,354 (4% higher than the Illinois median).
Olivet is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Olivet at a glance
- Population
- 149
- Median age
- 43.3State: 39
- Median household income
- $86,354State: $83,390
- Homeowners
- 89.1%
- Bachelor's degree or higher
- 39.6%
Is Olivet a good place to live?
Pros: Median household income 4% higher than the Illinois median.
Cons: A poverty rate of 14.6%.
The weather is best in May–June and August–September.
Olivet median household income
The median household income in Olivet is $86,354 and the income per person is $31,651. 14.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Olivet: homes for sale and rent
- Housing units
- 101
- Owner-occupied
- 89.1%
- Renter-occupied
- 10.9%
- Vacant
- 45.5%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.58
45.5% of homes are vacant most of the year, a sign that Olivet has many vacation and second homes.
Olivet demographics
- Population
- 149
- Median age
- 43.3
- Under 18
- 28.9%
- 65 and older
- 38.3%
- Households
- 55
- Foreign-born
- 0%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Olivet ›
Education in Olivet
39.6% of adults 25 and older in Olivet have a bachelor's degree or higher (Illinois: 37.8%), and 1.9% have a graduate or professional degree.
Jobs and commute in Olivet
- Unemployment rate
- 0%State: 5.8%
- Average commute
- —State: 28 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Olivet vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olivet | 149 | $86,354 | — | — |
| Georgetown | 3,069 | $58,182 | $71,800 | $757 |
| Ridge Farm | 827 | $50,313 | $73,200 | $690 |
| Indianola | 183 | $44,659 | $81,700 | — |
| Westville | 3,419 | $54,912 | $100,000 | $805 |
| Belgium | 290 | $64,773 | $76,300 | $904 |
| Eugene | 170 | $66,528 | $85,000 | — |
| Catlin | 2,160 | $72,277 | $124,700 | $931 |
| Cayuga | 1,064 | $50,872 | $79,800 | $881 |
More for people moving to Olivet
Olivet ZIP code ›Weather and climate ›Living in Olivet: FAQ
What is the median household income in Olivet, IL?
The median household income in Olivet is $86,354, 4% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
Is Olivet, IL a good place to live?
Pluses: median household income 4% higher than the Illinois median. Minuses: a poverty rate of 14.6%.
What is the median age in Olivet?
The median age in Olivet is 43.3 years (Illinois: 39).
What is the unemployment rate in Olivet?
The unemployment rate in Olivet is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olivet?
39.6% of adults in Olivet 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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