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Olivet, Michigan Demographics & Population 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

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Youngest CityAmong the youngest communities in Michigan with a median age of 21.2 years

During the 2020–2024 ACS period, Olivet, Michigan had a total population of 1,844, the 324th largest city in Michigan, with a median household income of $54,722, which is 25% lower than the state average. The poverty rate is 14.5%.

Key Takeaways

Olivet Quick Facts

Population 1,84490% MOE ±215
Median Household Income $54,72290% MOE ±$15,385
Median Home Value $154,90090% MOE ±$16,252
Poverty Rate 14.5%90% MOE ±5.6 pts
Unemployment Rate 12.8%90% MOE ±5.8 pts
Median Age 21.2 years90% MOE ±0.5 years
Homeownership Rate 50.2%90% MOE ±7.0 pts
Affordability Ratio 2.8x
Bachelor's Degree or Higher 25.3%90% MOE ±8.3 pts
Adults 25+ with high school education or higher 93.7%
Diversity Index 39/100
Population 1,844 324th of 745
Median Income $54,722 below average
Poverty Rate 14.5% 17% higher than national
Median Home Value $154,900 average

How Olivet Changed

Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric2015–20192020–2024Change
Population1,6431,844No clear change (+12.2%)
Median household income$50,043$54,722No clear change (+9.3%)
Median home value¹$136,116$154,900No clear change (+13.8%)
Median gross rent$852$925No clear change (+8.6%)
¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

How Olivet Compares

Median Household Income

Olivet
$54,722
MI
$72,875
National
$80,734

Median Home Value

Olivet
$154,900
MI
$231,600
National
$332,700

Economy & Housing

Household Income Distribution

Under $25K 21.4%
$25K-$50K 24.6%
$50K-$100K 29.9%
$100K+ 24.1%
Detailed income brackets
Under $10K
13.7%
$10K-$15K
0.0%
$15K-$20K
1.3%
$20K-$25K
6.4%
$25K-$30K
0.6%
$30K-$35K
6.6%
$35K-$40K
8.3%
$40K-$45K
3.2%
$45K-$50K
5.8%
$50K-$60K
4.5%
$60K-$75K
10.3%
$75K-$100K
15.2%
$100K-$125K
7.0%
$125K-$150K
5.3%
$150K-$200K
7.5%
$200K+
4.3%

Employment

12.8% Unemployment Rate State: 5.7%|National: 5.2%
59.7% Labor Force Participation

Housing Overview

Owner 50.2%
Renter 49.8%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $925/mo 20.3% of median household income annually

People & Demographics

Age Distribution

Under 18
12.2%
18-34
58.7%
35-54
13.6%
55-74
12.1%
75+
3.5%

Race & Ethnicity

  • White: 77.0%
  • Black: 12.2%
  • Hispanic: 5.5%
  • Asian: 0.4%
  • Other: 0.0%

Diversity Index

39out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 45 | National average: 61

Education

Educational Attainment (Adults 25+)

  • < High School: 6.3%
  • HS Diploma: 38.1%
  • Some College: 20.9%
  • Associate's: 9.4%
  • Bachelor's: 19.0%
  • Graduate+: 6.3%

Olivet Rankings in Michigan

#324 Population of 745
#476 Median Income of 732
#282 Education of 745
#403 Home Value of 730

Other Cities in Eaton County

CityPopulationMedian IncomePovertyHome Value
Waverly 23,575 $75,700 10.1% $234,600
Charlotte 9,277 $62,681 11.1% $153,900
Grand Ledge 7,804 $68,980 6.2% $194,000
Eaton Rapids 5,183 $63,875 13.5% $155,800
Potterville 3,087 $64,693 11.4% $154,500
Bellevue 1,552 $63,750 16.1% $118,100
Dimondale 1,521 $111,042 3.2% $216,400
Vermontville 790 $53,750 21.4% $138,500
Sunfield 658 $69,821 16.0% $156,000
Mulliken 501 $81,429 8.1% $165,900

Cities Similar to Olivet

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Stony Point1,825$53,872$215,9008.9%14.2%
L'Anse1,790$52,317$104,10014.9%10.8%
Marlette1,850$48,571$132,30012.1%18.0%
Decatur1,835$61,806$137,50014.8%19.7%
Sebewaing1,850$48,125$98,70012.3%13.1%

Population Overview

Olivet is a small community located in Michigan, within Eaton County. The total population is 1,844. It ranks as the 324th most populous out of 745 Census-designated places in Michigan.

Age Demographics

The median age in Olivet is 21.2 years. This is 47% lower than the state median of 40.2 years. Only 12.2% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Olivet is $54,722. This is 25% lower than the state median of $72,875. It is also 32% lower than the national median of $80,734. The poverty rate stands at 14.5%. This is 10% higher than the state poverty rate of 13.2%. The unemployment rate is 12.8%. This is 125% higher than the state rate of 5.7%. The median home value is $154,900. Housing costs are 33% lower than the state median of $231,600. With a home-value-to-income ratio of just 2.8x, Olivet is one of the most affordable housing markets in the area. 50.2% of occupied housing units are owner-occupied. This homeownership rate is 31% lower than the state average of 73.2%.

Race & Ethnicity

The largest racial or ethnic group in Olivet is White (non-Hispanic), making up 77.0% of the population. Black or African American residents account for 12.2%. The Asian population (0.4%) is well below the state average of 3.4%.

Education

25.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.

Data Sources & Methodology

All demographic data for Olivet, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. 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, Michigan?

Olivet, Michigan has a population of 1,844 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olivet, MI?

The median household income in Olivet is $54,722, which is 32% lower than the national median of $80,734.

What is the poverty rate in Olivet, MI?

The poverty rate in Olivet is 14.5%. This means approximately 156 residents live below the federal poverty line.

What is the racial makeup of Olivet, Michigan?

Olivet's population is 77.0% White, 12.2% Black, 5.5% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Olivet, MI?

The median home value in Olivet is $154,900. The home-value-to-income ratio is 2.8x.

How educated is Olivet, Michigan?

25.3% of adults (25+) in Olivet hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.