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About Olive
Olive is a suburb in the Elkhart Metropolitan area. It has a population of 3,187 and a population density of 176, which is 47% above the national average. It has a median age of 41, which is 5 years above the Elkhart Metro median age and 3 years above the national average.
Olive has a median home value of $234,500, which is 41% above the Metro average.The average rent of $1,190 is 35% above the metro average rent and 14% above the national average rent. The average household income in Olive is $64,865 , which is 15% above the Metro average household income and 3% above the national average of household income.
The average school rating in Olive is 8., making it one of the best places to raise a family in Elkhart.
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More about Olive
Olive has a suburban feeling with mix of residents from different age groups. Olive also has good mix of residents working in IT Services and Healthcare.
Olive Zip Code
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Demographics
Olive's population is made up of 57% married, 28% single, 8% divorced and 7% widowed. Baby Boomers make up the largest percentage of the population at 37%, while Millennials have the second largest segment at 26%. Homeowners make up 79% of the population in Olive.
- 49% Male
- 51% Female
Employment
The Per Capita income in Olive is $31,587. The Median Household Income is $68,281 and the Olive Unemployment Rate is 6%.
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