Olivet CDP, New Jersey Demographics & Population 2026

Population Overview

Olivet CDP is a small community located in New Jersey. The total population is 1,647. It ranks as the 494th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Olivet CDP is 35.4 years. This is 12% lower than the state median of 40.1 years. With 31.3% of the population under 18, Olivet CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Olivet CDP is $122,193. This is 21% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 56% higher. The poverty rate stands at 10.0%. This is 2% higher than the state poverty rate of 9.8%. The unemployment rate is 8.0%. This is 30% higher than the state rate of 6.2%. The median home value is $299,000. Housing costs are 30% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.4x, Olivet CDP is one of the most affordable housing markets in the area. 97.9% of occupied housing units are owner-occupied. This homeownership rate is 54% higher than the state average of 63.7%.

Race & Ethnicity

Olivet CDP has a predominantly White (non-Hispanic) population, comprising 88.3% of all residents. Hispanic or Latino residents account for 7.2%. The White (non-Hispanic) population is significantly higher than the state average (88.3% vs 51.9%). The Hispanic or Latino population (7.2%) is well below the state average of 21.9%.

Education

28.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% lower than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.3%. Notably, 17.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Olivet CDP, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.