In 2017, Olivet, MI had a population of 1.7k people with a median age of 20.5 and a median household income of $43,466. Between 2016 and 2017 the population of Olivet, MI grew from 1,573 to 1,696, a 7.82% increase and its median household income grew from $40,682 to $43,466, a 6.84% increase.
The 5 largest ethnic groups in Olivet, MI are White (Non-Hispanic) (85.7%), Black or African American (Non-Hispanic) (9.08%), Two or More Races (Hispanic) (1.36%), White (Hispanic) (1.06%), and Two or More Races (Non-Hispanic) (0.943%). N/A% of the people in Olivet, MI speak a non-English language, and 98.1% are U.S. citizens.
The largest universities in Olivet, MI are Olivet College (220 degrees awarded in 2017).
The median property value in Olivet, MI is $114,800, and the homeownership rate is 57.1%. Most people in Olivet, MI commute by Drove Alone, and the average commute time is 21.3 minutes. The average car ownership in Olivet, MI is 2 cars per household.