Is Olivet, MI a Good Place to Live?
Olivet is a small town of 1,596 in Michigan, with a median household income of $43,563 and a 13.5% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.
Strengths: Olivet stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B-), short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Olivet is right for you depends on your priorities — the full breakdown is below.
All Olivet city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.8Olivet's overall cost of living index is 92.8, where 100 represents the US national average. Living in Olivet costs roughly 7% less than the average American city.
| Metric | Olivet, MI | National Avg |
|---|---|---|
| Median Home Value | $127,300 | $244,900 |
| Median Monthly Rent | $859 | $1,163 |
| Homeownership Rate | 45.7% | 65.9% |
| Median Household Income | $43,563 | $74,755 |
Crime & Safety
Safer than AverageOlivet's violent crime rate is 279.9 per 100,000 residents — 26% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Olivet is served primarily by Olivet Community Schools. The student-to-teacher ratio is 16.7:1 (slightly above the national average of ~16:1).
| Metric | Olivet, MI | National Avg |
|---|---|---|
| School District | Olivet Community Schools | — |
| Elementary Schools | 1 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 16.7:1 | 16:1 |
| Bachelor's Degree or Higher | 23.1% | 35.4% |
| High School Diploma or Higher | 94.5% | 91.1% |
Weather & Climate
Olivet sees average highs of 29.8°F in January and 81.5°F in July, with 35.8 inches of annual precipitation and 38.1 inches of snow per year.
| Metric | Olivet, MI |
|---|---|
| Average High — January | 29.8°F |
| Average High — July | 81.5°F |
| Annual Precipitation | 35.8" |
| Annual Snowfall | 38.1" |
Demographics
| Metric | Olivet, MI | National Avg |
|---|---|---|
| Population | 1,596 | — |
| Median Age | 21.2 | 38.9 |
| Unemployment Rate | 13.5% | 3.7% |
| Avg Commute Time | 20.3 min | 26 min |
| White (non-Hispanic) | 84.5% | 59.3% |
| Black or African American | 12.3% | 13.6% |
| Hispanic or Latino | 1.1% | 18.9% |
| Asian | 0.4% | 6.3% |
| Under 18 | 12.8% | 22.2% |
| 65 and over | 4.9% | 16.8% |
Nearby Cities
ZIP Codes in Olivet
Olivet, MI is covered by 1 ZIP code: