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The total population of Olive Branch is estimated to be 45,938 with 21,822 males (47.50%) and 24,116 females (52.50%). There are 2,294 more females than males in Olive Branch.
The median household income in Olive Branch was $88,483 in 2021, which marked an a decrease of 966(1.08%) from $89,449 in 2020. This income is 118.60% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Olive Branch sees its highest median household income among householders in the age group of 45 to 64 years old, at $101,670. Overall, the median household income for the city of Olive Branch stands at $88,483.
In Olive Branch, the median income for all workers aged 15 years and older, regardless of work hours, was $51,852 for males and $33,515 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,529 for males and $49,203 for females.
In Olive Branch, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $91,170, while Asian households represent the opposite end with the lowest median household income of $50,377.
In 2022, the population of Olive Branch was 47,086, a 0.27% increase year-by-year from 2021. Previously, in 2021, Olive Branch's population was 46,958, an increase of 0.81% compared to a population of 46,580 in 2020.
The median age in Olive Branch, MS is 38.4, as per 2021 ACS 5-Year Estimates. Of the total population, 19.91% were under the age of 15, 19.16% aged 15 to 29, 46.73% aged 30 to 64, 12.45% aged 65 to 84, and 1.75% were 85 years of age and older.
Racial distribution of Olive Branch population: 58.27% are White, 32.28% are Black or African American, 0.13% are American Indian and Alaska Native, 2.16% are Asian, 2.53% are some other race and 4.63% are multiracial.