Median Income
$43,563
household / year
Median Home Value
$127,300
owner-occupied
Median Rent
$859
gross / month
Cost of Living
93
national avg = 100

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: 92.8

Olivet'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 Average

Olivet's violent crime rate is 279.9 per 100,000 residents — 26% lower than the national average of ~380 per 100,000.

Violent Crime
279.9 /100k
Property Crime
1959.4 /100k

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.

MetricOlivet, MI
Average High — January29.8°F
Average High — July81.5°F
Annual Precipitation35.8"
Annual Snowfall38.1"

Demographics

MetricOlivet, MINational Avg
Population1,596
Median Age21.238.9
Unemployment Rate13.5%3.7%
Avg Commute Time20.3 min26 min
White (non-Hispanic)84.5%59.3%
Black or African American12.3%13.6%
Hispanic or Latino1.1%18.9%
Asian0.4%6.3%
Under 1812.8%22.2%
65 and over4.9%16.8%

Nearby Cities

ZIP Codes in Olivet

Olivet, MI is covered by 1 ZIP code:

Olivet vs Other Cities

Frequently Asked Questions

Olivet's cost of living index is 93, where 100 is the national average. That makes Olivet roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $127,300 and median rent is $859/month.
Olivet's violent crime rate is 279.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1959.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Olivet are operated by Olivet Community Schools. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 16.7:1. 23.1% of adults 25+ hold a bachelor's degree or higher.
Olivet, MI has a population of 1,596, a median household income of $43,563, and an unemployment rate of 13.5%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Olivet averages 29.8°F in January and 81.5°F in July. Annual rainfall is 35.8 inches with about 38.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Olivet, MI is covered by 1 ZIP code: 49076.
The population of Olivet, Michigan is 1,596 with a median age of 21.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Olivet: cost of living index 93 (100 = US average), median home $127,300, median household income $43,563, crime index 82 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Olivet side by side with your current city to see the trade-offs.