|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Olivet is 1,431. Olivet, Michigan is the 8,870th largest city in the US.
The peak population of Olivet was in 2000, when its population was 1,760. In 2000, Olivet was the 7,895th largest city in the US; now its fallen to the 8,870th largest city in the US. Olivet is currently 18.7% smaller than it was in 2000.
Olivet has shrunk 18.6% since the year 2000. Olivet, Michigan's growth is extremely below average. 93% of similarly sized cities are growing faster since 2000.
|8867||Garrison, North Dakota||1,432||9.3%|
|8871||Bowman, North Dakota||1,430||-11.0%|
|8875||Huntington Bay, New York||1,429||-4.5%|
|8876||Leland Grove, Illinois||1,429||-9.6%|
The total voting age population of Olivet, Michigan, meaning US citizens 18 or older, is 1,276. The voting age population is 48.7% male and 51.3% female.
According to the latest census statistics, 7.1% of the residents of Olivet are 65 or older.
The racial demographics of Olivet are 86.7% White, 9.2% Black, 3.3% Two or more races, 0.6% Other and 0.2% Asian. Additionally, 2.7% of the population identifies as Hispanic.
In Olivet, 23.4% of residents have an income below the poverty line, and the child poverty rate is 39.6%. On a per-household basis, 18.6% of families are below the poverty line in Olivet.
Among those aged 16 and older, 53.3% of Olivet residents are in the labor force.
Among the adult population 25 years old and over, 91.3% of Olivet residents have at least a high school degree or equivalent, 24.8% have a bachelor's degree and 9.1% have a graduate or professional degree.
Among Olivet residents aged 5 and older, 3.1% of them speak a non-English language at home. Broken down by language: 1.2% of residents speak Spanish at home, 1.7% speak an Indo-European language, and 0.3% speak an Asian language.
The unemployment rate in Olivet is 15.0%, which is calculated among residents aged 16 or older who are in the labor force.
In Olivet, 14.5% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Olivet is $40,662.
In Olivet, 49.1% of housing units are occupied by their owners.
Renters occupy 50.9% of housing units in Olivet.
Of all the housing units in Olivet, 45.4% of them were build before 1940.
In Olivet, 1.4% of the total housing units were built after the year 2000.
The median gross monthly rent payment for renters in Olivet is $692.
In Olivet, 83.6% of households have an active broadband internet connection.