Everything You Should Know Before Moving to Olivet, MI
Considering Olivet, MI for your next move? With a close-knit population of 1,700 and a median home price around $142,000, Olivet offers affordable living and short commutes averaging 21 minutes. The city boasts a youthful energy thanks to Olivet College, and residents enjoy quiet neighborhoods and access to local schools. Crime rates are low, and the cost of living sits well below the national average, making Olivet a budget-friendly option for families and students alike. Enjoy Michigan’s four-season climate and a friendly, small-town feel!
Demographics - Olivet, MI
Demographics - Olivet, MI
Olivet, MI is a small and youthful community of around 1,700 residents, with a median age of just 22.5 years, largely influenced by the presence of Olivet College. The city is predominantly White, with modest diversity and a slightly higher female population. Its compact size and density create a close-knit, welcoming atmosphere for newcomers.
Population:
1,700
Density:
1,100 per sq mi
Median Age:
22.5
Gender Ratio:
80 males per 100 females
Non-English Speakers Percentage:
4.5%
Ethnic Composition
White:
85.2%
Black:
5.6%
Asian:
0.9%
Others:
8.3%
Cost Of Living
What is the average cost of living in Olivet, MI?
The cost of living in Olivet is attractively low, with a cost of living index of 84.1 and median home values at $142,000, making it more affordable than many other Michigan cities. Monthly rents average about $760, and utility and transportation costs remain below national averages, providing budget-friendly options for both renters and homeowners. State income tax rates are flat at 4.25%, further supporting affordable living.
Median House Value:
$142,000
Gross Rent:
$760
Monthly Electricity Charges:
$110
Auto Insurance:
$2,150
House Owner Cost With Mortgage:
$1,150
House Owner Cost Without Mortgage:
$390
State Taxes:
Low:
4.25%
|
High:
4.25%
Cost Of Living Index:
84.1
Grocery:
93.2
Housing:
73.8
Utilities:
94.6
Transportation:
89.7
Health Care:
93.9
Miscellaneous:
90.0
Crime
Is Olivet, MI a safe place to live?
Olivet experiences relatively low crime, with a violent crime rate of 193 incidents per 100,000 residents and a property crime rate of 1,265 per 100,000, offering residents peace of mind. The chance of being a victim of violent crime is just 1 in 518, much lower than in many urban areas. This safe environment makes Olivet a good choice for families and students.
Violent Crimes Per 100k:
193
Property Crimes Per 100k:
1,265
Crime Index:
1,458
Chance Of Violent Crime:
1 in 518
Chance Of Property Crime:
1 in 79
Weather
What is the weather like in Olivet, MI year-round?
Residents of Olivet enjoy all four seasons, with cold winters averaging lows of 17°F, warm summers peaking at 82°F, and about 34 inches of annual rainfall. There are 48% sunny days each year, providing a pleasant mix of weather throughout the seasons. The climate supports a variety of outdoor activities and a true Midwestern experience.
Winter
Min:
17°F
Max:
32°F
Spring
Min:
36°F
Max:
61°F
Summer
Min:
59°F
Max:
82°F
Fall
Min:
40°F
Max:
65°F
Average Rainfall Inches:
34 inches
Sunny Days Percentage:
48%
Neighbors
Olivet’s residents have a median household income of $53,850 and a family income of $65,000, with a poverty rate of 18.2%. The community is well-educated, with over 92% holding a high school diploma or higher, and average commute times are a manageable 21 minutes. The area is characterized by a small-town feel and a strong sense of community.
Median Income:
$31,000
Household Income:
$53,850
Family Income:
$65,000
Per Capita Income:
$19,500
Income Male:
$32,000
Income Female:
$27,000
Poverty Rate:
18.2%
Non English Speakers:
4.5%
Rent:
$760
Unemployment Rate:
5.0%
Public Transport Usage:
0.5%
Commute Time:
21.3 minutes
Education
High School or Higher:
92.5%
Bachelors or More:
22.0%
Education
How are the schools in Olivet, MI?
Olivet offers quality education through its local public schools, including Fern Persons Elementary, Olivet Middle School, and Olivet High School, all with favorable student-teacher ratios. The city is also home to Olivet College, a private institution with about 1,000 students, providing higher education opportunities right in town. Nearby Albion College expands post-secondary choices within easy reach.
Public Schools
Name:
Fern Persons Elementary School
Street:
4425 W Butterfield Hwy
Phone:
269-749-4611
Students:
350
Student Teacher Ratio:
16.2
Name:
Olivet Middle School
Street:
255 First St
Phone:
269-749-3361
Students:
310
Student Teacher Ratio:
17.0
Name:
Olivet High School
Street:
255 First St
Phone:
269-749-3671
Students:
360
Student Teacher Ratio:
18.1
Colleges
Name:
Olivet College
City:
Olivet
State:
MI
Distance:
0 miles
Students:
1,000
Name:
Albion College
City:
Albion
State:
MI
Distance:
18 miles
Students:
1,500
Healthcare
Olivet residents have convenient access to major hospitals like Sparrow Eaton and Oaklawn Hospital, both offering emergency services within a short drive. The area maintains a high health insurance coverage rate at 91.1% and a solid healthcare index of 74.0, with nearly two physicians per 1,000 people. This ensures reliable healthcare options for families and individuals.
Major Hospitals
Name:
Sparrow Eaton Hospital
Address:
321 E Harris St, Charlotte, MI 48813
Phone:
(517) 543-1050
Type:
General & Surgical
Emergency Services:
Yes
Name:
Oaklawn Hospital
Address:
200 N Madison St, Marshall, MI 49068
Phone:
(269) 781-4271
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.9
Health Insurance Coverage:
91.1%
Health Care Index:
74.0
Housing Market
What is the housing market like in Olivet, MI?
The local housing market in Olivet is affordable, with median home prices at $142,000 and average rent for a two-bedroom apartment at $760. A majority of residents own their homes, and the market has seen a healthy 6.2% appreciation rate over the past year. Rental vacancies are moderate, offering options for both buyers and renters.
Median Home Price:
$142,000
Average Rent For 2 Bedroom:
$760
Owner Occupied Rate:
60.9%
Rental Vacancy Rate:
7.8%
Home Appreciation Rate (1yr):
6.2%
New Construction Rate:
1.2%
Foreclosure Rate:
0.7%
DMV Information
For DMV services, Olivet residents are served by the Michigan Secretary of State office located in nearby Lansing. Essential vehicle registration, licensing, and title services are easily accessible, and more information can be found on the official state website. The office provides convenient support for all standard motor vehicle needs.
State:
Michigan
Department:
Michigan Secretary of State
Address:
1113 S Washington Ave, Lansing, MI 48910
Phone:
1-888-767-6424
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.