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Olivet, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Olivet, Illinois had a total population of 149, the 1271st largest community in Illinois, with a median household income of $86,354, which is 4% higher than the state average. The poverty rate is 14.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Olivet Quick Facts

Population 149
Median Household Income $86,354
Median Home Value N/A
Poverty Rate 14.6%
Unemployment Rate 0.0%
Median Age 43.3 years
Homeownership Rate 89.1%
Affordability Ratio N/A
Bachelor's Degree or Higher 39.6%
High School Graduation Rate 84.9%
Diversity Index 47/100
Population 149 1271st of 1,445
Median Income $86,354 top 30%
Poverty Rate 14.6% 17% higher than national
Median Home Value N/A

How Olivet Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population156149-4.5%

How Olivet Compares

Economy & Housing

Household Income Distribution

Under $25K 16.4%
$25K-$50K 10.9%
$50K-$100K 32.7%
$100K+ 40.0%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
16.4%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
10.9%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
10.9%
$60K-$75K
0.0%
$75K-$100K
21.8%
$100K-$125K
18.2%
$125K-$150K
0.0%
$150K-$200K
21.8%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.8%|National: 5.2%
40.6% Labor Force Participation

Housing Overview

Owner 89.1%
Renter 10.9%

People & Demographics

Diversity Index

47out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 61

Education

Olivet Rankings in Illinois

#1271 Population of 1,445
#363 Median Income of 1,374
#201 Education of 1,444
N/A Home Value of 1,372

Other Cities in Vermilion County

CityPopulationMedian IncomePovertyHome Value
Danville 28,595 $45,957 24.5% $79,000
Hoopeston 5,034 $60,861 15.6% $78,100
Westville 3,419 $54,912 18.6% $100,000
Georgetown 3,069 $58,182 17.3% $71,800
Tilton 2,453 $55,697 17.3% $70,400
Catlin 2,160 $72,277 3.9% $124,700
Oakwood 1,380 $46,293 24.8% $103,000
Rossville 1,332 $62,417 10.4% $92,200
Ridge Farm 827 $50,313 10.2% $73,200
Potomac 605 $53,194 7.6% $95,500

Cities Similar to Olivet

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New Grand Chain151N/A$63,3006.9%19.9%
Muncie147$83,750$76,50022.0%4.9%
Cantrall142$87,500$145,80021.0%12.7%
Mound Station150$76,375$120,5004.2%6.0%
Paloma161N/AN/A0.0%0.0%

A note before these figures: with a population of 149, Olivet's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Olivet is a small community located in Illinois, within Vermilion County. The total population is 149. It ranks as the 1271st most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Olivet is 43.3 years. This is 11% higher than the state median of 39.0 years. With 28.9% of the population under 18, Olivet has a notably young demographic profile, suggesting a family-oriented community. 17.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Olivet is $86,354. This is 4% higher than the state median of $83,390. It is also 7% higher than the national median of $80,734. The poverty rate stands at 14.6%. This is 24% higher than the state poverty rate of 11.8%. The survey records no unemployed residents in Olivet, which reflects the size of the sample rather than a labor market without joblessness. 89.1% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Olivet is White (non-Hispanic), making up 67.1% of the population. Hispanic or Latino residents account for 28.2%. The Black or African American population (0.7%) is well below the state average of 13.3%.

Education

39.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.9%.

Data Sources & Methodology

All demographic data for Olivet, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Olivet, Illinois?

Olivet, Illinois has a population of 149 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olivet, IL?

The median household income in Olivet is $86,354, which is 7% higher than the national median of $80,734.

What is the poverty rate in Olivet, IL?

The poverty rate in Olivet is 14.6%. This means approximately 20 residents live below the federal poverty line.

What is the racial makeup of Olivet, Illinois?

Olivet's population is 67.1% White, 0.7% Black, 28.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Olivet, IL?

The Census Bureau does not publish a reliable median home value estimate for Olivet — there are too few owner-occupied homes in the ACS sample. The national median is $332,700.

How educated is Olivet, Illinois?

39.6% of adults (25+) in Olivet hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.