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CITY · 2020 ACS

Olivet

Illinois · 336 residents · 1.507 sq mi
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The short version

Olivet has roughly average household income, with a median household income of $60,521. Population has declined 5% since 2019. Median home value is $82,100.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.8
US median: 38.8
Average education
30% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
336
−5%since 2019
from 355 in 2019
2010 – 2024
Population density
223 / sq mi
−5%since 2019
from 236 / sq mi in 2019
US average: 280
Median age
43.8
+24%since 2019
from 35.4 in 2019
US average: 38.8
Population, 2010 – 2024
100248396544692201020202024Olivet
2024149
201020202024
Section 02

Income & economy

Median household income
$60,521
+56%inflation adjusted, since 2019
from $38,281 in 2019
US average: $66,278
2010 – 2024
Per capita income
$36,599
+8%since 2019
from $34,004 in 2019
US average: $35,364
Households earning $100K+
37.7%
+10.5 ptssince 2019
from 27.2% in 2019
US average: 43.9%
Poverty rate
8.6%
−5.8 ptssince 2019
from 14.4% in 2019
US average: 12.8%
Workforce by industry, 2020
Retail trade32.2%
US avg: 10%
Wholesale trade14.5%
US avg: 6.7%
Other services9.2%
US avg: 6.6%
Public administration5.9%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Information0%
US avg: 11.1%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$82,100
+18%inflation adjusted, since 2019
from $69,000 in 2019
US average: $265,253
2010 – 2023
Median gross rent
$692
Unchangedinflation adjusted, since 2019
from $687 in 2019
US average: $1,124
Owner-occupied
85.3%
+30.3 ptssince 2019
from 55.0% in 2019
14.7% rent
Afford Score
1.4
−25%since 2019
from 1.8 in 2019
2010 – 2022
RELATED:See current rent listings in Olivet on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic91.5%(325)
Black0%(0)
Hispanic / Latino3.7%(13)
Asian4.8%(17)
Other0%(0)
Diversity Score19.8%(70)
2020
White, non-Hispanic88.7%(298)
Black2.4%(8)
Hispanic / Latino5.1%(17)
Asian0.3%(1)
Other0%(0)
Diversity Score18.8%(63)
Diversity Score
19
−5%since 2019
from 20 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
30.3%
+8.8 ptssince 2019
from 21.6% in 2019
US average: 32.9%
High school or higher
97.6%
+1.8 ptssince 2019
from 95.8% in 2019
US average: 88.5%
Graduate degree
14.8%
−0.3 ptssince 2019
from 15.2% in 2019
US average: 12.7%
Section 06

Commute & transportation

Drive alone to work
82.9%
+10.1 ptssince 2019
from 72.8% in 2019
US average: 75.1%
No vehicle available
13.2%
−0.4 ptssince 2019
from 13.6% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
52.4%
−5.2 ptssince 2019
from 57.7% in 2019
US average: 63.4%
Management & professional
21.1%
+5.6 ptssince 2019
from 15.4% in 2019
US average: 39.3%
Section 08

People & community

Male
71.1%
−1.9 ptssince 2019
from 73.0% in 2019
Female
28.9%
+1.9 ptssince 2019
from 27.0% in 2019
Foreign born
4.4%
−0.4 ptssince 2019
from 4.8% in 2019
US average: 13.5%
Uninsured
0.5%
−2.3 ptssince 2019
from 2.8% in 2019
US average: 8.8%
Drill deeper

Places similar to Olivet

Manor
Pop 136
Juliette
Pop 128
Summertown
Pop 122
Bluffton
Pop 118
Places similar to Olivet
Head to head

Compare Olivet to nearby cities

OLIVET VS
Danville
Income$45,957−24%
Home value$79,000−4%
Population28,138+18785%
SEE FULL COMPARISON →
OLIVET VS
Paris
Income$53,927−11%
Home value$75,700−8%
Population8,026+5287%
SEE FULL COMPARISON →
OLIVET VS
Urbana
Income$45,346−25%
Home value$184,900+125%
Population39,719+26557%
SEE FULL COMPARISON →
OLIVET VS
Savoy
Income$91,966+52%
Home value$320,300+290%
Population9,113+6016%
SEE FULL COMPARISON →
Frequently asked

How many people live in Olivet, Illinois?

Olivet, Illinois has about 336 residents according to the 2020 American Community Survey.

What is the median household income in Olivet, Illinois?

The typical household in Olivet, Illinois earns about $60,521 a year. Half of households make more than that, and half make less.

Is Olivet, Illinois expensive?

In Olivet, Illinois, the median home is worth about $82,100, and the typical rent is about $692 a month.

How educated are people in Olivet, Illinois?

About 30.3% of adults age 25 and over in Olivet, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Olivet, Illinois?

About 8.6% of people in Olivet, Illinois live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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