Median Income
$40,750
household / year
Median Home Value
$184,700
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
90
national avg = 100

Is Olive, OK a Good Place to Live?

Olive is a small town of 79 in Oklahoma, with a median household income of $40,750 . Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Olive stands out for an affordable cost of living, below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Olive is right for you depends on your priorities — the full breakdown is below.

All Olive 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: 89.5

Olive's overall cost of living index is 89.5, where 100 represents the US national average. Living in Olive costs roughly 10% less than the average American city.

Metric Olive, OK National Avg
Median Home Value $184,700 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 100.0% 65.9%
Median Household Income $40,750 $74,755

Crime & Safety

Very Safe

Olive's violent crime rate is 163.6 per 100,000 residents — 57% lower than the national average of ~380 per 100,000.

Violent Crime
163.6 /100k
Property Crime
1124.1 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Olive, OK National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 0.0% 35.4%
High School Diploma or Higher 88.7% 91.1%

Weather & Climate

Olive sees average highs of 50.2°F in January and 92.6°F in July, with 41.8 inches of annual precipitation and 8.4 inches of snow per year.

MetricOlive, OK
Average High — January50.2°F
Average High — July92.6°F
Annual Precipitation41.8"
Annual Snowfall8.4"

Demographics

MetricOlive, OKNational Avg
Population79
Median Age33.138.9
Unemployment Rate0.0%3.7%
Avg Commute TimeN/A26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1829.1%22.2%
65 and over24.1%16.8%

Nearby Cities

Olive vs Other Cities

Frequently Asked Questions

Olive's cost of living index is 90, where 100 is the national average. That makes Olive roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $184,700 and median rent is N/A/month.
Olive's violent crime rate is 163.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1124.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Olive, OK has a population of 79, a median household income of $40,750, and an unemployment rate of 0.0%. 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.
Olive averages 50.2°F in January and 92.6°F in July. Annual rainfall is 41.8 inches with about 8.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Olive, Oklahoma is 79 with a median age of 33.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Olive: cost of living index 90 (100 = US average), median home $184,700, median household income $40,750, crime index 47 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Olive side by side with your current city to see the trade-offs.