Olive Branch, Illinois Median Income

Olive Branch, Illinois has a population of 784, with a median household income of $34,210.

Current median income data for Olive Branch.

$34,210

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Population

784

💰

Median Income

$34,210

📉

Unemployment

9.80%

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Housing Price

$58,400

🚨

Crime Rate

14.10

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Internet Speed

100.00 Mbps

Situated in Illinois, Olive Branch provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Olive Branch has a population of 784, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Olive Branch is $34,210, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Olive Branch is about $58,400, making it relatively affordable compared to many cities in Illinois.

Employment and Safety

The unemployment rate in Olive Branch is 9.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Olive Branch are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Illinois, Olive Branch shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Illinois, Olive Branch contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Olive Branch

What is the population of Olive Branch?

The population of Olive Branch is approximately 784.

Is Olive Branch a good place to live?

Olive Branch offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Olive Branch?

The median household income in Olive Branch is around $34,210.

How expensive is housing in Olive Branch?

The average housing price in Olive Branch is approximately $58,400.