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The total population of Olivet is estimated to be 60 with 23 males (38.33%) and 37 females (61.67%). There are 14 more females than males in Olivet.
The median household income in Olivet was $57,730 in 2021, which marked an a decrease of 243(0.42%) from $57,973 in 2020. This income is 77.38% 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, Olivet sees its highest median household income among householders in the age group of 45 to 64 years old, at $59,450. Overall, the median household income for the town of Olivet stands at $57,730.
In Olivet, the median income for all workers aged 15 years and older, regardless of work hours, was $35,805 for males and $40,985 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $36,819 for males and $42,936 for females.
In Olivet, population is primarily represented by White households, reporting a median income of $57,730.
In 2022, the population of Olivet was 64, a 1.54% decrease year-by-year from 2021. Previously, in 2021, Olivet's population was 65, a decline of 0.00% compared to a population of 65 in 2020.
The median age in Olivet, SD is 59.5, as per 2021 ACS 5-Year Estimates. Of the total population, 24.39% were under the age of 15, 17.07% aged 15 to 29, 31.71% aged 30 to 64, 26.83% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Olivet population: 100% are White.