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Olive Branch, IL

Full City Profile · Illinois · Alexander County County

2.4 /5.0
C Fair
441 Population 47/sq mi density
$27,250 Median Income $23,592 per capita
$58,700 Home Value $95,264 Zillow
58°F Avg Temperature 299 sunny days/yr
3,527 Violent Crime/100K 6,512 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$27,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$58,700 home value, /mo rent
F
Safety
1.0 / 5.0
3,527 violent crimes/100K (828% above avg)
F
Education
1.4 / 5.0
4.8% bachelor's degree or higher

Housing Overview

Median Home Value
$58,700
79% below
US avg: $281,900
Homeownership Rate
80.9%
24% above US avg (65.4%)
Total Housing Units
297
Median year built: 1978

Home Value by Source

Census Median
$58,700
Zillow (ZHVI)
$95,264
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.9%
Owner-Occupied
19.1%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo

Affordability & Housing Stock

Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
80.9%

Complete Housing Data

Home Values

Census Median Value$58,700
Zillow Home Value (ZHVI)$95,264

Rent

FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied80.9%
Renter-Occupied19.1%
Homeownership Rate80.9%
Total Housing Units297
Median Year Built1978
Rent Burden26.4%