Living in Olive Branch, Mississippi
Cost of living, income, home prices, rent and demographics of Olive Branch · Census data 2020–2024
Olive Branch has 47,019 residents with a median age of 38. The median household income is $100,606 (78% higher than the Mississippi median), the median home value is $290,000, the median rent is $1,829/month.
Olive Branch at a glance
- Population
- 47,019
- Median age
- 38State: 38.6
- Median household income
- $100,606State: $56,447
- Median home value
- $290,000State: $169,800
- Median rent
- $1,829/moState: $954
- Homeowners
- 82.3%
- Bachelor's degree or higher
- 31.4%
- Average commute
- 25 min
Is Olive Branch a good place to live?
Pros: Median household income 78% higher than the Mississippi median; an average commute of 25 minutes; unemployment of 2.4%; a poverty rate of 4.6%.
Cons: Home values 71% higher than the state median.
The weather is best in April–May and September–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 $290,000, 13% lower than the U.S. median. Renters pay a median of $1,829 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,634 a month in housing costs.
Olive Branch median household income
The median household income in Olive Branch is $100,606 and the income per person is $43,248. 4.6% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Olive Branch: homes for sale and rent
- Housing units
- 17,793
- Owner-occupied
- 82.3%
- Renter-occupied
- 17.7%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.73
Olive Branch demographics
- Population
- 47,019
- Median age
- 38
- Under 18
- 23.4%
- 65 and older
- 13.4%
- Households
- 17,181
- Foreign-born
- 5.6%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Olive Branch ›
Education in Olive Branch
31.4% of adults 25 and older in Olive Branch have a bachelor's degree or higher (Mississippi: 25.1%), and 10.3% have a graduate or professional degree.
Jobs and commute in Olive Branch
- Unemployment rate
- 2.4%State: 5.8%
- Average commute
- 25 minState: 26 min
- Work from home
- 7.6%
- Drive alone
- 81.7%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 94.5%
Olive Branch vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olive Branch | 47,019 | $100,606 | $290,000 | $1,829 |
| Bridgetown | 3,195 | $139,224 | $344,500 | — |
| Southaven | 56,226 | $78,483 | $236,300 | $1,445 |
| Germantown | 40,673 | $149,920 | $470,800 | $1,816 |
| Collierville | 51,515 | $138,598 | $485,900 | $1,691 |
| Byhalia | 1,588 | $38,500 | $133,100 | $439 |
| Hernando | 17,949 | $76,950 | $315,900 | $1,302 |
| Horn Lake | 26,647 | $53,311 | $171,400 | $1,435 |
| Memphis | 618,980 | $51,736 | $169,000 | $1,181 |
More for people moving to Olive Branch
Olive Branch ZIP code ›Weather and climate ›Living in Olive Branch: FAQ
What is the median household income in Olive Branch, MS?
The median household income in Olive Branch is $100,606, 78% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Olive Branch?
The median home value in Olive Branch is $290,000, compared with $169,800 in Mississippi.
How much is rent in Olive Branch?
The median gross rent in Olive Branch is $1,829 per month, about 27.5% of household income.
Is Olive Branch, MS a good place to live?
Pluses: median household income 78% higher than the Mississippi median; an average commute of 25 minutes; unemployment of 2.4%; a poverty rate of 4.6%. Minuses: home values 71% higher than the state median.
What is the median age in Olive Branch?
The median age in Olive Branch is 38 years (Mississippi: 38.6).
How long is the commute in Olive Branch?
The average commute to work in Olive Branch is 25 minutes; 7.6% of workers work from home.
What is the unemployment rate in Olive Branch?
The unemployment rate in Olive Branch is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olive Branch?
31.4% 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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