Olivet, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Olivet, New Jersey had a total population of 1,573, the 502nd largest community in New Jersey, with a median household income of $128,849, which is 24% higher than the state average. The poverty rate is 4.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 4.6% — among the lowest in New Jersey.
Olivet Quick Facts
How Olivet Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,647 | 1,573 | -4.5% |
| Median household income | $122,193 | $128,849 | +5.4% |
| Median home value | $299,000 | $340,700 | +13.9% |
How Olivet Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Olivet Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Salem County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Pennsville | 12,233 | $76,032 | 12.5% | $207,600 |
| Carneys Point | 8,050 | $77,273 | 11.4% | $193,300 |
| Salem | 5,322 | $38,721 | 24.8% | $79,800 |
| Penns Grove | 4,882 | $45,781 | 44.1% | $178,200 |
| Woodstown | 3,715 | $98,828 | 9.2% | $239,200 |
| Alloway | 1,455 | $140,962 | 0.0% | $304,700 |
| Elmer | 1,176 | $95,357 | 9.8% | $227,300 |
| Auburn | 1,100 | $222,212 | 1.2% | $460,300 |
| Quinton | 432 | $90,625 | 3.5% | $193,800 |
| Pedricktown | 424 | $90,417 | 4.3% | $193,900 |
Cities Similar to Olivet
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Port Norris | 1,612 | N/A | $118,700 | 2.3% | 17.5% |
| Vernon Valley | 1,532 | $121,250 | $373,500 | 41.3% | 5.2% |
| Bedminster | 1,670 | $128,594 | $742,200 | 53.1% | 2.8% |
| Dover Beaches South | 1,601 | $144,844 | $753,400 | 51.9% | 4.3% |
| Avalon | 1,488 | $139,167 | $1,959,000 | 70.6% | 4.8% |
Population Overview
Olivet is a small community located in New Jersey, within Salem County. The total population is 1,573. It ranks as the 502nd most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Olivet is 43.2 years. This is 8% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Olivet is $128,849. This is 24% higher than the state median of $103,556. It is also 60% higher than the national median of $80,734. The poverty rate stands at 4.6%. This is 52% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.4%. This is 14% lower than the state rate of 6.3%. The median home value is $340,700. Housing costs are 25% lower than the state median of $454,400. With a home-value-to-income ratio of just 2.6x, Olivet is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 57% higher than the state average of 63.8%.
Race & Ethnicity
Olivet has a predominantly White (non-Hispanic) population, comprising 85.5% of all residents. Hispanic or Latino residents account for 9.1%. The White (non-Hispanic) population is significantly higher than the state average (85.5% vs 50.9%). The Hispanic or Latino population (9.1%) is well below the state average of 22.5%.
Education
31.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.6%. Notably, 16.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Olivet, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Olivet, New Jersey?
Olivet, New Jersey has a population of 1,573 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Olivet, NJ?
The median household income in Olivet is $128,849, which is 60% higher than the national median of $80,734.
What is the poverty rate in Olivet, NJ?
The poverty rate in Olivet is 4.6%. This means approximately 73 residents live below the federal poverty line.
What is the racial makeup of Olivet, New Jersey?
Olivet's population is 85.5% White, 0.0% Black, 9.1% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Olivet, NJ?
The median home value in Olivet is $340,700. The home-value-to-income ratio is 2.6x.
How educated is Olivet, New Jersey?
31.6% of adults (25+) in Olivet hold a bachelor's degree or higher, and 16.4% hold a graduate or professional degree.