At a Glance
Median Income
$71,000
$31,960 per capita
Home Value
$136,400
Zillow: $189,881
Median Rent
$767/mo
10.7% of income on rent
Bachelor's Degree+
5.5%
92.1% high school+
Unemployment
0.0%
5.4% poverty rate
Obesity Rate
38.0%
24.1% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Olivet a Good Place to Live?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Olivet residents earn a median household income of $71,000 , which is 6% below the national average of $75,149.
Per capita income is $31,960. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 5.4% of residents live below the poverty line. The area is home to 640 business establishments, including 69 restaurants.
Housing & Cost of Living
The median home value in Olivet is $136,400 , 52% below the national median of $281,900.
Zillow estimates the typical home at $189,881. Median rent is $767/month, with 10.7% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1997.
Education
5.5% of adults in Olivet hold a bachelor's degree or higher
(84% below the national average).
92.1% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
Olivet has an average annual temperature of 62°F (16°C).
Winters average 41°F in January while summers reach 81°F in July. Annual precipitation totals 59.2 inches.
Data Overview
People
Population1,609
Median Age45.3 yrs
Density270/mi²
Male / Female47% / 53%
Foreign Born0.0%
Veterans6.4%
Economy
A
Median Income$71,000
Per Capita$31,960
Unemployment0.0%
Poverty5.4%
County GDP$1,377M
Avg Weekly Wage$965
Housing
A+
Home Value$136,400
Rent$767
Ownership77.3%
Zillow$189,881
Housing Units562
Rent Burden10.7%
Health
Obesity38.0%
Diabetes12.9%
Smoking24.1%
Heart Disease7.0%
Premature Death15,010/100K
Climate
Avg Temp62°F
Rain59.2 in/yr
Elevation451 ft
Education
F
Bachelor's+5.5%
High School+92.1%
Graduate+6.9%
School Score4.7/10
Community
2024 VoteR 85% / D 14%
Commute30 min
Broadband95.2%
Internet Speed86 Mbps
EV Stations2
Libraries1
Did You Know?
The median home in Olivet was built in 1997.
The nearest airport is Northwest Alabama Regional (46 miles).
The Gini coefficient (income inequality) is 0.447 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.6% of the population has a disability.
The county recorded 4 fatal vehicle crashes.