Living in Olivet, New Jersey
Cost of living, income, home prices, rent and demographics of Olivet · Census data 2020–2024
Olivet has 1,573 residents with a median age of 43.2. The median household income is $128,849 (24% higher than the New Jersey median), the median home value is $340,700.
Olivet at a glance
- Population
- 1,573
- Median age
- 43.2State: 40.1
- Median household income
- $128,849State: $103,556
- Median home value
- $340,700State: $454,400
- Homeowners
- 100%
- Bachelor's degree or higher
- 31.6%
- Average commute
- 25 min
Is Olivet a good place to live?
Pros: Median household income 24% higher than the New Jersey median; home values 25% lower than the state median; an average commute of 25 minutes; unemployment of 5.4%; a poverty rate of 4.6%.
The weather is best in May–June and September–October.
Cost of living in Olivet
Housing is the biggest part of the cost of living. In Olivet the median home value is $340,700, about the same as the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,188 a month in housing costs.
Olivet median household income
The median household income in Olivet is $128,849 and the income per person is $50,737. 4.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Olivet: homes for sale and rent
- Housing units
- 508
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 3.10
Olivet demographics
- Population
- 1,573
- Median age
- 43.2
- Under 18
- 22.8%
- 65 and older
- 16.7%
- Households
- 508
- Foreign-born
- 0%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Olivet ›
Education in Olivet
31.6% of adults 25 and older in Olivet have a bachelor's degree or higher (New Jersey: 43.6%), and 16.4% have a graduate or professional degree.
Jobs and commute in Olivet
- Unemployment rate
- 5.4%State: 6.3%
- Average commute
- 25 minState: 31 min
- Work from home
- 1.2%
- Drive alone
- 88.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Olivet vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Olivet | 1,573 | $128,849 | $340,700 | — |
| Pittsgrove | 8,854 | $92,917 | $302,500 | $1,190 |
| Seabrook Farms | 1,448 | $46,541 | $210,400 | — |
| Elmer | 1,176 | $95,357 | $227,300 | $1,741 |
| Upper Deerfield | 7,799 | $82,946 | $246,300 | $1,516 |
| Deerfield Street | 322 | $102,159 | $162,800 | — |
| Rosenhayn | 1,308 | $64,760 | $226,400 | $1,423 |
| Carlls Corner | 868 | $78,256 | $205,400 | $1,668 |
| Upper Pittsgrove | 3,466 | $85,521 | $258,300 | $1,520 |
More for people moving to Olivet
Olivet ZIP code ›Weather and climate ›Living in Olivet: FAQ
What is the median household income in Olivet, NJ?
The median household income in Olivet is $128,849, 24% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Olivet?
The median home value in Olivet is $340,700, compared with $454,400 in New Jersey.
Is Olivet, NJ a good place to live?
Pluses: median household income 24% higher than the New Jersey median; home values 25% lower than the state median; an average commute of 25 minutes; unemployment of 5.4%; a poverty rate of 4.6%.
What is the median age in Olivet?
The median age in Olivet is 43.2 years (New Jersey: 40.1).
How long is the commute in Olivet?
The average commute to work in Olivet is 25 minutes; 1.2% of workers work from home.
What is the unemployment rate in Olivet?
The unemployment rate in Olivet is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Olivet?
31.6% 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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