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The total population of Olivia is estimated to be 2,358 with 1,251 males (53.05%) and 1,107 females (46.95%). There are 144 less females than males in Olivia.
The median household income in Olivia was $60,683 in 2021, which marked an an increase of 2,043(3.48%) from $58,640 in 2020. This income is 81.34% 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, Olivia sees its highest median household income among householders in the age group of 45 to 64 years old, at $69,645. Overall, the median household income for the city of Olivia stands at $60,683.
In Olivia, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $24,545 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,405 for males and $39,183 for females.
In Olivia, there are just two different racial groups among households. Among these, White households report a median household income of $61,506, while Some Other Race households have a median household income of $49,368.
In 2022, the population of Olivia was 2,317, a 0.94% decrease year-by-year from 2021. Previously, in 2021, Olivia's population was 2,339, a decline of 0.38% compared to a population of 2,348 in 2020.
The median age in Olivia, MN is 38.5, as per 2021 ACS 5-Year Estimates. Of the total population, 19.77% were under the age of 15, 19.31% aged 15 to 29, 39.12% aged 30 to 64, 17.86% aged 65 to 84, and 3.95% were 85 years of age and older.
Racial distribution of Olivia population: 89.24% are White, 0.12% are Black or African American, 0.37% are American Indian and Alaska Native, 0.42% are Asian, 7.89% are some other race and 1.95% are multiracial.