Olivet, MI Community Profile: Data

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Olivet, Michigan - Basic Facts

Olivet is the common name for the community and surrounding area while the formal official name is the City of Olivet.

It is an incorporated place (Class Code P1) located in Eaton County at latitude 42.4414 and longitude -84.9242. Eaton County is in the Eastern time zone (GMT -5). The elevation is 938 feet.

The formal boundaries for the City of Olivet (see map) encompass a land area of 1.02 sq. miles and a water area of 0 sq. miles.

Camera Icon Photos of the local Olivet, MI area

Also See: Olivet, MI ZIP Codes and ZIP Code Maps

Olivet, MI - Peer Comparisons by Rank and Percentile

The table below compares Olivet to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 346 50th
Population Density1 # 193 72nd
Diversity Index2 # 170 76th
Median Household Income # 266 62nd
Per Capita Income # 609 12th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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Olivet, MI Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 1,582
Population in Households 1,134
Population in Familes 832
Population in Group Qrtrs 448
Population Density1 1,551
Diversity Index2 25
 

HOUSEHOLDS

Total Households 422
Average Household Size 2.69
Family Households 264
Average Family Size 3

HOUSING

Total Housing Units 483 (100%)
Owner Occupied HU 251 (52.0%)
Renter Occupied HU 170 (35.2%)
Vacant Housing Units 61 (12.6%)
Median Home Value $90,041
Average Home Value $231,375
 

INCOME

Median Household Income $46,116
Average Household Income $51,205
Per Capita Income $17,442
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population -0.34% -0.14%
Households -0.22% -0.14%
Families 1.58% -0.23%
Median Household Income   3.13%
Per Capita Income   1.13%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 3,299 Michigan cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: August 1, 2014.

The information on the 60,533 Michigan Physical, Cultural and Historic Features is updated six times per year. Last Update: August 2, 2014.

The School Attendance Zone Maps for 2,419 Michigan public schools are updated four times per year. Last Update: July 8, 2014.