The City of Olivet had a population of 1,628 as of July 1, 2020.
The primary coordinate point for Olivet is located at latitude 42.4414 and longitude -84.9242 in Eaton County. The formal boundaries for the City of Olivet 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.
|Total Population||1,628 (100%)|
|Population in Households||1,116 (68.6%)|
|Population in Families||807 (49.6%)|
|Population in Group Quarters1||512 (31.4%)|
|Median Household Income||$61,505|
|Average Household Income||$77,510|
|% of Income for Mortgage4||10%|
|Per Capita Income||$21,275|
|Total HU (Housing Units)||485 (100%)|
|Owner Occupied HU||263 (54.2%)|
|Renter Occupied HU||150 (30.9%)|
|Vacant Housing Units||72 (14.8%)|
|Median Home Value||$152,532|
|Average Home Value||$160,322|
|Housing Affordability Index3||235|
|Average Household Size||2.7|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.63%|
|Per Capita Income||1.9%|
|Owner Occupied HU||-0.54%|
The table below compares Olivet to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2020 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.
|Total Population||# 345||50th|
|Population Density||# 192||72nd|
|Median Household Income||# 170||76th|
|Housing Affordability Index||# 446||64th|
|Per Capita Income||# 583||16th|
|Diversity Index||# 178||74th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.