Olivet, MI Profile: Facts & Data

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Olivet, Michigan - Basic Facts

The City of Olivet had a population of 1,637 as of July 1, 2018. Olivet ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Olivet is located at latitude 42.4431 and longitude -84.9303 in Eaton County. The formal boundaries for the City of Olivet (see map below) encompass a land area of 1.02 sq. miles and a water area of 0 sq. miles. Eaton County is in the Eastern time zone (GMT -5). The elevation is 938 feet.

The City of Olivet (GNIS ID: 1626844) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Olivet population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2018.


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Olivet, MI Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 1,637
Population in Households 1,167
Population in Familes 840
Population in Group Qrtrs 470
Population Density1 1,605
Diversity Index2 26
 

INCOME

Median Household Income $53,409
Average Household Income $65,522
Per Capita Income $23,495

HOUSING

Total Housing Units 485 (100%)
Owner Occupied HU 240 (49.5%)
Renter Occupied HU 192 (39.6%)
Vacant Housing Units 54 (11.1%)
Median Home Value $144,298
Average Home Value $156,017
 

HOUSEHOLDS

Total Households 431
Average Household Size 2.71
Family Households 267
Average Family Size 3
NOTES
  1. Population Density = Total Population per square mile.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.24% 0.16%
Households 0.14% 0.28%
Families 0.95% 0.15%
Median Household Income   2.83%
Per Capita Income   3.09%

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, 2018 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 # 343 51st
Population Density # 188 73rd
Diversity Index # 175 75th
Median Household Income # 225 68th
Per Capita Income # 394 43rd

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

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