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Olivet, SD

Full City Profile · South Dakota · Hutchinson County County

3.2 /5.0
B Good
54 Population 386/sq mi density
$59,583 Median Income $39,287 per capita
48°F Avg Temperature 291 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$59,583 median income, 0.0% unemployment
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Housing Overview

Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
43
Median year built: 1970

Ownership vs. Renting

83.3%
Owner-Occupied
16.7%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo

Affordability & Housing Stock

Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
83.3%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$241,931

Rent

FMR Studio$691
FMR 1-Bedroom$784
FMR 2-Bedroom$990
FMR 3-Bedroom$1,295
FMR 4-Bedroom$1,540

Market

Ownership & Stock

Owner-Occupied83.3%
Renter-Occupied16.7%
Homeownership Rate83.3%
Total Housing Units43
Median Year Built1970
Rent Burden22.0%