Olivet, MI

Census Place

2024 Population

1,844

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

21.2

1.85% 1-year decrease

2024 Poverty Rate

14.6%

12.1% 1-year decrease

2024 Median Household Income

$54,722

21.8% 1-year growth

2024 Median Property Value

$154,900

Population & Diversity

Olivet, MI is home to a population of 1.84k people, from which 97.7% are citizens.

As of 2024, 3.47% of Olivet, MI residents were born outside of the country (64 people).

In 2024, there were 6.31 times more White (Non-Hispanic) residents (1.42k people) in Olivet, MI than any other race or ethnicity. There were 225 Black or African American (Non-Hispanic) and 62 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.7%

2024 Citizenship

96.1%

2023 Citizenship

As of 2024, 97.7% of Olivet, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Olivet, MI was 96.1%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Olivet, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Olivet, MI

White (Non-Hispanic)
1.42k ± 199
Black or African American (Non-Hispanic)
225 ± 99
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
62 ± 42

5.53%

Hispanic Population

102 people

5.53% of the people in Olivet, MI are hispanic (102 people).

The following chart shows the 8 races represented in Olivet, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

3.47%

2024 Foreign-Born Population

64 people

5.14%

2023 Foreign-Born Population

84 people

As of 2024, 3.47% of Olivet, MI residents (64 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Olivet, MI was 5.14%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Olivet, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
42 ± 40
Gulf War (1990s)
27 ± 24
Vietnam
18 ± 23

Olivet, MI has a large population of military personnel who served in Gulf War (2001-), 1.56 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Olivet, MI.

Economy

The economy of Olivet, MI employs 857 people. In 2024, the largest industries in Olivet, MI were Educational Services (202 people), Manufacturing (132 people), and Accommodation & Food Services (95 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($57,813), Transportation & Warehousing ($51,250), and Manufacturing ($42,500).

Employment

Occupations

857

2024 Value

± 159

21.6%

1 Year growth

± 21.3%

From 2023 to 2024, employment in Olivet, MI grew at a rate of 21.6%, from 705 employees to 857 employees.

The most common job groups, by number of people living in Olivet, MI, are Food Preparation & Serving Related Occupations (152 people), Office & Administrative Support Occupations (99 people), and Education Instruction, & Library Occupations (92 people). This chart illustrates the share breakdown of the primary jobs held by residents of Olivet, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

857

2024 Value

± 159

21.6%

1 Year growth

± 21.3%

From 2023 to 2024, employment in Olivet, MI grew at a rate of 21.6%, from 705 employees to 857 employees.

The most common employment sectors for those who live in Olivet, MI, are Educational Services (202 people), Manufacturing (132 people), and Accommodation & Food Services (95 people). This chart shows the share breakdown of the primary industries for residents of Olivet, MI, though some of these residents may live in Olivet, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$25,321

Median earning men ± $10,191

$16,157

Median earning women ± $8,073

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($57,813), Manufacturing ($45,250), and Finance & Insurance, & Real Estate & Rental & Leasing ($38,750).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($41,833), Professional, Scientific, & Management, & Administrative & Waste Management Services ($41,250), and Manufacturing ($31,500).

Education

The student population of Olivet, MI in 2024 is skewed towards men, with 554 male students and 425 female students.

Most students graduating from Universities in Olivet, MI are White (146 and 68.5%), Black or African American (32 and 15%), Two or More Races (16 and 7.51%), and Hispanic or Latino (16 and 7.51%).

The largest universities in Olivet, MI by number of degrees awarded are The University of Olivet (213 and 100%).

The most popular majors in Olivet, MI are General Business Administration & Management (41 and 19.2%), General Psychology (27 and 12.7%), and Criminal Justice - Safety Studies (19 and 8.92%).

The median tuition cost for private four year colleges is $33,676.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2024 in Olivet, MI, the percentage of applicants admitted was 83.2%, while the percentage of admitted who enrolled was 20.4%. The number of students enrolled in 2024 was 979 (56.6% men and 43.4% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2024 there were 979 students enrolled in Olivet, MI, 56.6% men and 43.4% women.

By race, the largest number of students enrolled was concentrated in White with 649 records, of which 48.7% were women and 51.3% men.

Completions

Concentrations

Most Common

General Psychology
27 degrees awarded
General Business Administration & Management
24 degrees awarded
General Biological Sciences
19 degrees awarded

In 2024, the most common concentation for Bachelors Degree recipients in Olivet, MI was General Psychology with 27 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Olivet, MI according to their major.

Universities

Gender

Race

The University of Olivet

Largest Universities by degrees awarded

213 degrees awarded

In 2024, the institution with the largest number of graduating students was The University of Olivet with 213 degrees awarded.

Student Diversity

University

In 2024, 120 men were awarded degrees from institutions in Olivet, MI, which is 1.29 times more than the 93 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 146 degrees mean that there were 4.56 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 32 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($33,676) is the sector with the highest median state tuition in 2024.

Private not-for-profit, 4-year or above ($392) is the sector with the highest median state fee in 2024.

Private not-for-profit, 4-year or above ($1,200) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Olivet, MI was $154,900 in 2024, which is 0.466 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $137,300 to $154,900, a 12.8% increase. The homeownership rate in Olivet, MI is 50.2%, which is lower than the national average of 65.2%.

People in Olivet, MI have an average commute time of 17.6 minutes, and they drove alone to work. Car ownership in Olivet, MI is lower than the national average, with an average of 1 car per household.

Housing

Property

$154,900

Median Property Value 2024

±$16,252

$235

Median Property Taxes

±$57

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Olivet, MI the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Olivet, MI compared to it's parent and neighbor geographies.

Rent vs Own

50.2%

Homeownership

2024

53%

Homeowners with Mortgage

2024

In 2024, 50.2% of the housing units in Olivet, MI were occupied by their owner. This percentage grew from the previous year's rate of 49.2%.

This chart shows the percentage of owner in Olivet, MI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$54,722

Median Household Income

± $15,385

468

Number of Households

± 92

In 2024, the median household income of the 468 households in Olivet, MI grew to $54,722 from the previous year's value of $44,940.

The following chart displays the households in Olivet, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Olivet, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (58.1%)
Walked (14.6%)
Worked At Home (13.4%)

In 2024, 58.1% of workers in Olivet, MI drove alone to work, followed by those who walked to work (14.6%) and those who worked at home (13.4%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

17.6 minutes

Average Travel Time

Using averages, employees in Olivet, MI have a shorter commute time (17.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Olivet, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Olivet, MI compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Olivet, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Olivet, MI have 1 car.

Poverty

Poverty & Diversity

14.6% of the population for whom poverty status is determined in Olivet, MI (156 out of 1.07k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 18 - 24 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Olivet, MI is White, followed by Hispanic and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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