Population 422 · Census ACS 2020–24
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Population and households in Olivet
Household size in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.64 | 2.58 | 2.45 | 2.68 |
| 2010–14 | 2.72 | 2.61 | 2.47 | 2.73 |
| 2015–19 | 2.65 | 2.63 | 2.43 | 2.71 |
| 2020–24 | 2.46 | 2.58 | 2.40 | 2.65 |
| Change | −0.18 | −0.00 | −0.06 | −0.03 |
The average household in Olivet has 2.46 people, under the U.S. average of 2.65. Since 2006–10, household size has dropped from 2.64, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 35.3 | 36.8 | 38.8 | 37.7 |
| 2010–14 | 36.6 | 37.8 | 39.9 | 38.6 |
| 2015–19 | 40.0 | 38.6 | 40.9 | 39.6 |
| 2020–24 | 44.3 | 39.2 | 41.4 | 40.1 |
| Change | +9.0 | +2.5 | +2.6 | +2.3 |
Olivet skews older: half of its residents are older than 44.3, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.5% | 10.2% | 10.4% | 12.3% |
| 2010–14 | 11.3% | 10.6% | 10.5% | 12.3% |
| 2015–19 | 7.7% | 9.9% | 10.0% | 11.6% |
| 2020–24 | 4.7% | 9.8% | 9.8% | 11.6% |
| Change | −3.7 pts | −0.4 pts | −0.6 pts | −0.6 pts |
Single-parent households are relatively rare in Olivet: 4.7% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Olivet
Renters in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.1% | 27.3% | 30.5% | 33.3% |
| 2010–14 | 13.3% | 29.6% | 32.3% | 35.6% |
| 2015–19 | 14.8% | 30.0% | 33.0% | 36.0% |
| 2020–24 | 13.4% | 29.3% | 32.2% | 34.8% |
| Change | +3.4 pts | +2.0 pts | +1.6 pts | +1.5 pts |
Only 13.4% of households in Olivet rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 34.9% have no mortgage at all, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.1% | 7.0% | 10.5% | 11.4% |
| 2010–14 | 7.8% | 6.2% | 10.6% | 11.4% |
| 2015–19 | 7.2% | 5.5% | 10.1% | 11.1% |
| 2020–24 | 7.1% | 5.7% | 9.2% | 9.6% |
| Change | +0.1 pts | −1.3 pts | −1.3 pts | −1.8 pts |
Vacancy is on the low side in Olivet: 7.1% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. The Minneapolis area as a whole looks much the same.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 1977 | 1975 | 1970 | 1974 |
| 2010–14 | 1976 | 1976 | 1971 | 1975 |
| 2015–19 | 1977 | 1977 | 1972 | 1977 |
| 2020–24 | 1979 | 1980 | 1974 | 1980 |
| Change | +2 | +4 | +5 | +6 |
The typical home in Olivet was built around 1979, about the same vintage as the country's housing overall (1980).
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | $876 | $1,007 | $758 | $965 |
| 2010–14 | $1,018 | $1,077 | $821 | $1,040 |
| 2015–19 | $985 | $1,258 | $904 | $1,213 |
| 2020–24 | $943 | $1,603 | $1,139 | $1,571 |
| Change | +$66 | +$597 | +$380 | +$606 |
A typical rental in Olivet costs $943 a month with utilities, well below the national median of $1,571. Rent takes 26.1% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Olivet
Bachelor's degrees in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 24.6% | 37.2% | 26.5% | 28.4% |
| 2010–14 | 20.1% | 39.1% | 28.0% | 29.6% |
| 2015–19 | 25.1% | 41.8% | 30.4% | 32.1% |
| 2020–24 | 27.0% | 45.4% | 33.6% | 35.6% |
| Change | +2.4 pts | +8.1 pts | +7.0 pts | +7.2 pts |
More than a quarter of adults 25 and older in Olivet (27.0%) have a bachelor's degree or higher, below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.7% | 92.4% | 89.5% | 84.9% |
| 2010–14 | 94.1% | 92.9% | 90.7% | 86.1% |
| 2015–19 | 95.7% | 93.5% | 92.1% | 87.7% |
| 2020–24 | 97.1% | 94.0% | 93.3% | 89.3% |
| Change | +3.4 pts | +1.6 pts | +3.8 pts | +4.3 pts |
Finishing high school is nearly universal in Olivet: 97.1% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Olivet
| Period | Olivet | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.7% | 6.7% | 6.7% | 8.1% |
| 2010–14 | 3.2% | 6.8% | 7.3% | 9.4% |
| 2015–19 | 2.6% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 3.3% | 4.0% | 3.3% | 5.4% |
| Change | −3.4 pts | −2.7 pts | −3.4 pts | −2.7 pts |
Unemployment in Olivet has been low: just 3.3% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Olivet compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Olivet | 2.46 | 44.3 | 4.7% | 13.4% | 7.1% | 1979 | $943 | 27.0% | 97.1% | 3.3% |
| Spring Valley | 2.40 | 42.6 | 6.9% | 14.9% | 8.0% | 1974 | $995 | 28.8% | 97.3% | 4.0% |
| Hatchville | 2.75 | 46.7 | 3.5% | 10.4% | 12.2% | 1969 | $988 | 23.9% | 96.8% | 3.2% |
| Elmwood | 2.42 | 47.3 | 9.3% | 21.7% | 9.9% | 1966 | $886 | 21.2% | 95.8% | 2.6% |
| Woodville | 2.60 | 39.5 | 11.4% | 26.6% | 4.5% | 1986 | $991 | 23.4% | 97.7% | 1.2% |
| Waverly | 2.56 | 42.4 | 3.0% | 11.6% | 10.1% | 1961 | $906 | 24.3% | 95.1% | 1.0% |
| Rock Elm | 2.59 | 48.2 | 2.5% | 11.2% | 8.3% | 1958 | $864 | 28.0% | 97.7% | 1.7% |
| Wilson | 3.03 | 39.9 | 3.4% | 9.1% | 7.3% | 1984 | $1,008 | 22.6% | 92.3% | 6.8% |
| El Paso | 2.54 | 43.7 | 5.2% | 12.5% | 5.8% | 1981 | $1,016 | 31.8% | 95.0% | 1.8% |
| East Ellsworth | 2.49 | 48.2 | 6.3% | 11.2% | 5.8% | 1975 | $1,033 | 22.9% | 93.6% | 2.0% |
| Baldwin | 2.68 | 35.8 | 12.0% | 23.7% | 1.7% | 1989 | $1,172 | 32.3% | 96.8% | 0.7% |
All figures 2020–24.
Cities with similar populations: Odd Fellows Hall, TN · Ninemile, MT · Nineveh Junction, NY · North Jay, ME · North Matewan, WV · North Omak, WA · North Westminster, VT · Nyac, AK · Obeeville, KS · Ochwalkee, GA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Olivet. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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