The median household income in Olivet, MI in 2022 was $40,093, which was 67.1% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $34,474 in 2000 this represents an increase of 14.0%. The per capita income in 2022 was $16,215, which means an increase of 28.0% compared to 2000 when it was $11,682.
Whole page based on the data from 2000 / 2022 when the population of Olivet, Michigan was 1,758 / 1,595
Income statistics for all residents
Median household income in Olivet, MI in 2022:
Olivet:
$40,094
State:
$66,986
Change in median household income between 2000 and 2022:
Olivet, Michigan:
+16.3%
State:
+50.0%
Number of households with income < $10k:
Olivet:
8.1% (38)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Olivet:
3.2% (15)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Olivet:
10.5% (49)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Olivet:
22.1% (103)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Olivet:
19.1% (89)
Michigan:
7.9% (322,255)
Number of households with income $50k - 60k:
Olivet:
7.5% (35)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Olivet:
6.9% (32)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Olivet:
11.6% (54)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Olivet:
5.4% (25)
Michigan:
9.7% (396,282)
Number of households with income $125k - 150k:
Olivet:
2.1% (10)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Olivet:
2.8% (13)
State:
7.5% (305,077)
Number of households with income > $200k:
Olivet:
0.9% (4)
State:
8.1% (330,644)
Aggregate household income in Olivet in 2022: $22,239,292
Median family income in Olivet in 2022:
Olivet:
$48,756
State:
$85,865
Number of families with income < $10k:
Olivet:
7.4% (21)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Olivet:
2.1% (6)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Olivet:
3.5% (10)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Olivet:
20.9% (60)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Olivet:
17.4% (50)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Olivet:
10.2% (29)
Michigan:
7.1% (179,870)
Number of families with income $60k - 75k:
Olivet:
8.5% (24)
Michigan:
10.3% (263,723)
Number of families with income $75k - 100k:
Olivet:
12.7% (36)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Olivet:
8.0% (23)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Olivet:
3.6% (10)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Olivet:
4.6% (13)
State:
10.2% (259,462)
Number of families with income > $200k:
Olivet:
1.3% (4)
State:
11.3% (287,206)
Median non-family income in Olivet in 2022:
Olivet:
$31,718
Michigan:
$40,459
Change in median non-family income between 2000 and 2022:
Olivet, Michigan:
+32.3%
State:
+54.5%
Median per capita income in Olivet in 2022:
Olivet:
$16,215
State:
$38,151
Change in median per capita income between 2000 and 2022:
Olivet, Michigan:
+38.8%
Michigan:
+72.1%
Income statistics for White residents
Median household income in Olivet, MI in 2022:
Olivet:
$38,662
State:
$71,609
Change in median household income between 2000 and 2022:
Olivet, Michigan:
+11.1%
State:
+52.9%
Number of households with income < $10k:
Olivet:
8.7% (40)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Olivet:
3.1% (14)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Olivet:
11.5% (53)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Olivet:
22.0% (101)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Olivet:
20.3% (93)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Olivet:
5.7% (26)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Olivet:
6.5% (30)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Olivet:
12.2% (56)
Michigan:
13.6% (431,867)
Number of households with income $100k - 125k:
Olivet:
4.6% (21)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Olivet:
2.2% (10)
Michigan:
7.1% (226,232)
Number of households with income $150k - 200k:
Olivet:
2.6% (12)
State:
8.1% (255,445)
Number of households with income > $200k:
Olivet:
0.7% (3)
State:
8.7% (276,727)
Aggregate household income in Olivet in 2022: $20,710,245
Median family income in Olivet in 2022:
Olivet:
$46,906
State:
$90,317
Number of families with income < $10k:
Olivet:
8.3% (24)
State:
2.5% (49,508)
Number of families with income $10k - 20k:
Olivet:
2.6% (7)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Olivet:
3.4% (10)
Michigan:
4.6% (91,551)
Number of families with income $30k - 40k:
Olivet:
21.7% (62)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Olivet:
18.3% (52)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Olivet:
9.6% (27)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Olivet:
7.9% (22)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Olivet:
13.0% (37)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Olivet:
6.5% (19)
Michigan:
12.4% (248,235)
Number of families with income $125k - 150k:
Olivet:
3.6% (10)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Olivet:
3.9% (11)
State:
11.0% (218,573)
Number of families with income > $200k:
Olivet:
1.2% (3)
State:
12.0% (239,713)
Median non-family income in Olivet in 2022:
Olivet:
$31,433
State:
$42,438
Change in median non-family income between 2000 and 2022:
Olivet, Michigan:
+34.3%
State:
+56.8%
Median per capita income in Olivet in 2022:
Olivet:
$17,133
State:
$41,514
Change in median per capita income between 2000 and 2022:
Olivet, Michigan:
+32.7%
State:
+75.2%
Income statistics for Black or African American residents
Aggregate household income in Olivet in 2022: $74,111
Median per capita income in Olivet in 2022:
Olivet:
$8,700
Michigan:
$25,207
Change in median per capita income between 2000 and 2022:
Olivet, Michigan:
+129.9%
State:
+60.4%
Income statistics for Asian residents
Aggregate household income in Olivet in 2022: $499,038
Median per capita income in Olivet in 2022:
Olivet:
$18,470
State:
$48,128
Change in median per capita income between 2000 and 2022:
Olivet, Michigan:
+103.4%
Michigan:
+95.8%
Income statistics for Hispanic or Latino residents
Median per capita income in Olivet in 2022:
Olivet:
$6,856
State:
$25,462
Change in median per capita income between 2000 and 2022:
Olivet, Michigan:
+6.6%
Michigan:
+83.3%
Income statistics for American Indian and Alaska Native residents
Median per capita income in Olivet in 2022:
Olivet:
$19,297
Michigan:
$27,661
Income statistics for Multirace residents
Aggregate household income in Olivet in 2022: $1,966,154
Median per capita income in Olivet in 2022:
Olivet:
$10,572
Michigan:
$26,098
Change in median per capita income between 2000 and 2022:: -3.0%
Olivet, Michigan:
-3.0%
Michigan:
+106.5%
Income statistics for other residents
Median per capita income in Olivet in 2022:
Olivet:
$3,521
State:
$27,114
Change in median per capita income between 2000 and 2022:: -49.1%
Olivet, Michigan:
-49.1%
State:
+104.6%
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-3.0%
+106.5%