Olivet, NJ

Full City Profile · New Jersey · Salem County County

4.1 /5.0
A Great
1,647 Population 661/sq mi density
$122,193 Median Income $41,476 per capita
$299,000 Home Value $337,918 Zillow
56°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.1 / 5.0
$122,193 median income, 8.0% unemployment
A+
Affordability
5.0 / 5.0
$299,000 home value, /mo rent
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher

Olivet, NJ

At a Glance

Median Income
$122,193
63% above
$41,476 per capita
Home Value
$299,000
6% above
Zillow: $337,918
Bachelor's Degree+
28.3%
16% below
97.3% high school+
Unemployment
8.0%
122% above
6.0% poverty rate
Obesity Rate
32.0%
0% below
15.1% smoking rate
Avg Temperature
56°F

How Olivet Compares to the U.S. Average

Each bar shows Olivet's value as a percentage of the national average (100% = U.S. avg)

Income
163%
Home Value
106%
Poverty
48%
Bachelor's
84%
Unemployment
222%
Thin vertical line = U.S. national average (100%)

Is Olivet a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Olivet residents earn a median household income of $122,193 , which is 63% above the national average of $75,149. Per capita income is $41,476. The unemployment rate stands at 8.0% (122% above the U.S. rate of 3.6%). 6.0% of residents live below the poverty line. The area is home to 1,492 business establishments, including 115 restaurants.

Housing & Cost of Living

The median home value in Olivet is $299,000 , 6% above the national median of $281,900. Zillow estimates the typical home at $337,918. The cost of living index is 108.8 (100 = national average). The median home was built in 1983.

Education

28.3% of adults in Olivet hold a bachelor's degree or higher (16% below the national average). 97.3% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Olivet has an average annual temperature of 56°F (13°C). Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 46.6 inches.

Data Overview

People

Population1,647
Median Age35.4 yrs
Density661/mi²
Male / Female45% / 56%
Foreign Born0.0%
Veterans2.2%

Economy

A
Median Income$122,193
Per Capita$41,476
Unemployment8.0%
Poverty6.0%
County GDP$7,363M
Avg Weekly Wage$1,299

Housing

A+
Home Value$299,000
Rent
Ownership97.9%
Zillow$337,918
Housing Units501
Rent Burden34.0%

Health

Obesity32.0%
Diabetes8.9%
Smoking15.1%
Heart Disease5.5%
Premature Death11,685/100K

Climate

Avg Temp56°F
Rain46.6 in/yr
Elevation85 ft

Education

B
Bachelor's+28.3%
High School+97.3%
Graduate+16.7%
School Score5.6/10

Community

2024 VoteR 59% / D 40%
Commute27 min
Broadband93.4%
Internet Speed134 Mbps
EV Stations1
Libraries4

Did You Know?

The median home in Olivet was built in 1983.
The nearest airport is Philadelphia International (23 miles).
The Gini coefficient (income inequality) is 0.443 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
3.4% of the population has a disability.
Average internet download speed is 134 Mbps.
There are 115 restaurants in the area.
The county recorded 19 fatal vehicle crashes.