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The total population of Olive town is estimated to be 4,250 with 2,314 males (54.45%) and 1,936 females (45.55%). There are 378 less females than males in Olive town.
The median household income in Olive town was $92,259 in 2021, which marked an an increase of 466(0.51%) from $91,793 in 2020. This income is 123.66% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $135,723. Overall, the median household income for the town of Olive town stands at $92,259.
In Olive town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,434 for males and $24,889 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $98,781 for males and $73,361 for females.
In Olive town, population is primarily represented by White households, reporting a median income of $92,083.
In 2022, the population of Olive town was 4,246, a 0.35% decrease year-by-year from 2021. Previously, in 2021, Olive town's population was 4,261, an increase of 0.92% compared to a population of 4,222 in 2020.
The median age in Olive, New York is 50.0, as per 2021 ACS 5-Year Estimates. Of the total population, 8.21% were under the age of 15, 13.37% aged 15 to 29, 44.48% aged 30 to 64, 30.24% aged 65 to 84, and 3.70% were 85 years of age and older.
Racial distribution of Olive town population: 93.51% are White, 0.83% are Black or African American, 0.21% are American Indian and Alaska Native, 2.83% are Asian and 2.62% are multiracial.